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146b London Road , Benfleet, Essex
£550,000 Guide Price
Bedrooms
Bathrooms
Located in the desirable area of Sandbanks, Hadleigh, this detached house offers a comfortable family setting with its spacious layout. The property includes four bedrooms, providing ample space for family members or guests. The master bedroom features an en-suite, adding a touch of privacy and convenience. With three bathrooms in total, morning routines will run smoothly for everyone.
The house benefits from a garage and is positioned to take advantage of its south-facing rear garden, perfect for those who enjoy outdoor living. The garden backs onto open fields, offering a sense of peace and seclusion. Additionally, the property is within easy reach of Hadleigh High Street, where you will find a variety of shops and services.
This home is offered as a freehold property with no onward chain, making it an ideal option for those looking to move quickly. With its tax band E status, this property is well-suited for families seeking a well-rounded community environment. Dont miss out on this opportunity
Material Information
Tenure: Freehold
Council Tax Band: E
Flood Risk: Low and Very Low
Conservation Area: No
Electric: Yes
Gas: Yes
Water: Mains
Sewage: Mains
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.
146b London Road , Benfleet, Essex
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