Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£2,250,000 Offers over
Bedrooms
Bathrooms
A fantastic and unique opportunity to purchase this detached family home with accommodation approaching 5000 sq ft.
The property is in the process of being extended with the structural work being complete thus giving the perfect opportunity for buyers to create a prestigious family home with their own mark on it.
The property affords a road frontage of 72 and a delightful south facing rear garden approaching 130 in depth.
FEATURES
Spacious feature reception hall 177' x 166' with central staircase to the first floor
Ground floor shower room/WC
Study
Lounge 274' x 13
Dining room 175' x 125'
Superb extended kitchen/family room 393' x 277'
Utility room 107' x 710'
Spacious first floor landing 174' x 1510' with central staircase to the second floor
Bedroom two 223' x 137' with en suite 131' x 63'
Bedroom four 19 x 131' with en suite
Bedroom five 1510' x 119' with en suite
Bedroom six 141' x 91' with en suite
Bedroom seven 119' x 105'
Family bathroom/WC
Second floor landing
Master bedroom 213' x 178' with en suite 88' x 8
Bedroom three 234' x 108' with en suite 107' x 73'
Double width garage 186' x 159'
Off-road parking to the front for several vehicles
Fantastic south facing rear garden approaching 130 in depth
Any interested party should be made aware that although works are in progress the property is to be sold as seen.
Two adults are only allowed to view at any one time due to the ongoing works
Ref No. 5590-25. EPC D. 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.
The Property has been saved to your favorites
/ 5
It's quick and easy
