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£400,000 Offers over
Bedrooms
Bathrooms
Southview Drive offers a stylish three-bedroom terraced home set in a highly desirable part of Westcliff-on-Sea. Known for its friendly community feel and easy access to local shops, cafs, and transport links.
The property combines modern comforts with character features!
Including unique fireplaces throughout the property adding warmth and charm to this wonderful home.
A bright, open-plan layout creates a welcoming flow from the lounge through to the kitchen and dining area, making it ideal for both relaxing and entertaining. Including double doors opening out to the garden, creating a seamless indooroutdoor living experience thats perfect for the summer months.
Upstairs, you will find three well appointed size bedrooms. Two well spacious double rooms, and the third room works beautifully as a childs room, home office, or even a creative space! Furthermore you will have a 3 piece modern family bathroom, all finished in a neutral, stylish dcor.
Combining character, comfort, and location, 53 Southview Drive is a home that captures the best of modern living in one of Westcliff-on-Seas most sought-after areas.
Material Information
Tenure: Freehold
Council Tax Band: C
Flood Risk: Very low
Rivers & Seas: No Risk
Conservation Area: No
Electric: Yes
Gas: Yes
Water: Mains
Sewage: Mains
Map location is not available for this property.
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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