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£1,175,000
Bedrooms
Bathrooms
Situated within this extremely sought after residential turning in Emerson Park is this delightful detached family home with spacious accommodation having the added advantage of a superb plot with the rear garden measuring approximately 130 in depth. Offering fantastic potential for further development (subject to the necessary planning consent), this is a opportunity not to be missed.
In brief, to the first floor landing there are three good size bedrooms and a family bathroom/WC.
To the ground floor, the reception hall provides access to living accommodation incorporating an L shaped lounge 289' x 199' max, dining room 131' x 111', kitchen/family/breakfast room 213' x 145' max, utility room and ground floor cloakroom/WC.
Externally, to the front of the property the driveway provides off road car parking and leads to an attached garage, with the rest of the frontage being mainly laid to lawn but offering further potential for substantial off road parking. To the rear, the delightful secluded garden measures approximately 130 in depth.
The property is located close to all local amenities including sought after schooling, transport links and local shopping facilities. As previously mentioned, there is the potential for further development subject to the necessary planning consent. An internal viewing is strongly advised to fully appreciate the standard and potential of accommodation on offer.
ENTRANCE
Entrance door and leaded windows to the front.
RECEPTION HALL
Parquet flooring. Understand cupboard. Radiator. Staircase rising to the first floor landing.
L SHAPED LOUNGE 289' X 199' > 11
Double glazed window to the rear. Two radiators. Feature fireplace.
DINING ROOM 131' X 111'
Double glazed window to the front. Parquet flooring. Feature fireplace. Radiator.
KITCHEN/FAMILY/BREAKFAST ROOM 213' X 145' > 101'
Comprehensively fitted with a range of cupboards and drawers beneath work surfaces with matching eye level units above. Inset sink unit. Plumbing and space for automatic dishwasher. Space for oven. Tiled flooring. Double glazed window to the rear. Double glazed door to the rear. Two radiators. Door through to the utility room.
UTILITY ROOM 1111' X 69'
Double glazed window to the rear. Space for washing machine, tumble dryer and fridge/freezer. Built-in cupboard. Radiator. Tiled flooring.
LOBBY
Door leading through to the ground floor cloakroom/WC.
GROUND FLOOR CLOAKROOM/WC
Suite comprising low level WC and wash hand basin. Tiled walls and flooring. Extractor.
FIRST FLOOR LANDING
Double glazed window to the front. Radiator.
BEDROOM ONE 16 X 11
Dual aspect double glazed windows to the front, rear and side. Radiator.
BEDROOM TWO 1210' MAX X 87'
Double glazed window to the rear. Radiator
BEDROOM THREE 94' X 86'
Double glazed window to the front. Radiator. Fitted wardrobe cupboards.
FAMILY BATHROOM/WC
White suite comprising panelled bath, shower cubicle, pedestal wash hand basin and low level WC. Tiled walls. Radiator. Obscure double glazed window to the side.
EXTERIOR
As previously mentioned the property is situated within this sought after residential turning and lends itself to further development subject to the necessary planning consent.
FRONTAGE
Driveway providing off road car parking which leads to an attached garage. The rest being mainly laid to lawn offering potential for further off road parking.
ATTACHED GARAGE 155' X 87'
Up and over door. Power and lighting.
REAR GARDEN
The delightful and secluded rear garden measures approximately 130 in depth commencing with patio area with the remainder being mainly laid to lawn with various mature shrubs, trees and flower beds bordering being fully retained by screen fencing. Further seating area with Pergola. Greenhouse. Shed. External tap. Side access. External lighting and power.
Ref No. 5573-25. EPC E. Council Tax Band G.
Council Tax Band: G (Havering London Borough Council)
Tenure: Freehold
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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