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17 Queens Road, Buckhurst Hill, Essex
£585,000 Guide Price
Bedrooms
Bathrooms
Chain free | South facing garden | Two double bedrooms | Fully fitted kitchen | Ground floor W/C | Two bathrooms | Sizable lounge | Garage & allocated parking | 0.3 miles to Buckhurst Hill Central Line | Amenities nearby | EPC: C
Guide Price 585,000 - 600,000
Positioned in the charming Monarch Place, Buckhurst Hill, this terraced house is a true gem waiting to be discovered. The ground floor offers a sizable reception, fully fitted kitchen, a convenient WC. The rear of the property boasts a delightful conservatory, perfect for enjoying a cup of tea while overlooking the south-facing garden that provides direct access to the picturesque Knighton Woods. With two bedrooms, both offering ample wardrobe/storage space, this property ensures comfort and convenience. The master bedroom further impresses with a shower en suite, while a separate bathroom caters to the needs of your family and guests. Additionally, a storage cupboard provides practical storage solutions for your belongings. Located just 0.3 miles from Buckhurst Hill Central Line, commuting is a breeze. The property also benefits from a garage, allocated parking for one vehicle, and is situated in a private development on the peaceful Princes Road. A stones throw away from the vibrant Queens Road, youll find an array of amenities within easy reach. The proximity to schools, Knighton Woods, and Epping Forest offers a perfect blend of urban and natural living. This property is being offered on a chain free basis, please note there is a small maintenance fee of 240 per annum.
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.
17 Queens Road, Buckhurst Hill, Essex
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