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£500,000
Bedrooms
Bathrooms
OH WHAT A HOUSE!
This three bedroom semi detached house has so much to offer! Not only is the property attractive from the outside, the inside is EVEN BETTER!
An abundance of features already in place and further future potential, this family home really does tick all the boxes... DO NOT MISS OUT ON YOUR OPPORTUNITY TO VIEW!
If you are looking for your dream family home that can serve you and your family for several years, then we invite you to continue reading as this may be the house for you.
Situated in a quiet Romford turning, we are pleased to present this three-bedroom home. Having been loved by the current sellers for seven years, they note how the property was perfectly located and met all their needs at each milestone of their familys growth and development.
The facts are in the figures, and those looking to commute into the City can be safe in the knowledge that doorstep to Liverpool Street Station averages just 29 minutes, thanks to Romford Rail Station (Elizabeth Line) being only 1.3 miles away.
Not only is the location a commuters dream, but you are also positioned perfectly for the catchment areas of Rush Green Primary School, All Saints Catholic School, and Robert Clack Upper School, with several private nurseries within walking distance.
All bedrooms can accommodate a double bed, and for those looking for additional space, there is fantastic potential to extend both upwards and outwards. The loft offers the opportunity to create another double bedroom plus an en-suite (subject to local planning permission), while many nearby homes have extended the ground floor by up to three metres, offering even more possibilities for expansion.
A peaceful and well-proportioned rear garden remainsa perfect space to relax and unwind.
We were truly blown away by the beauty and detail of this property and look forward to showing the new buyer how this house can become their new home!
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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