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£685,000 Offers over
Bedrooms
Bathrooms
Ideally situated just 0.8 miles from Upminster Station and within close proximity to good local schools, is this five bedroom semi-detached chalet bungalow.
Upon entering the home, you are greeted with a welcoming entrance hallway with stairs rising to the first floor.
At the heart of the home, is the beautifully presented reception room which measures 182 x 16. Centred around a feature fireplace, further features include stunning herringbone wooden flooring, deep skirtings and decorative cornice.
Spanning the rear of the home, the stylish kitchen / diner comprises numerous wall and base units, ample worktops extending into a breakfast bar and room for essential appliances. Measuring 2411 x 113, the room provides adequate space for a large dining table and chairs positioned in front of the stunning bi-folding doors which flood the room with natural light.
Accessed off the hallway is the separate utility room which provides additional units and worktop space, as well as an integrated fridge and freezer and external access to the rear garden.
Positioned at the front of the home are bedrooms 2 and 4 which are both comfortable doubles. Both rooms are well presented with bedroom 2 basting a beautiful bay window to the front elevation.
Rounding off the ground floor footprint is the family bathroom.
Heading upstairs, there are two double bedrooms and a further single which is currently arranges as a home office / study.
Completing the internal layout is the shower room.
Externally, to the front there is off street parking via the driveway as well as a well maintained front garden.
The 52 west facing rear garden commences with a large patio area whilst the remainder is predominately laid to lawn, neatly framed with well manicured planting and shrubbery throughout.
Viewing is highly recommended to fully appreciate this wonderful family 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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