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£325,000
Bedrooms
Bathrooms
A spacious three bedroom family home situated in a cul de sac in this popular village location close to good primary and secondary schools and the village centre with shopping facilities for day to day needs.
A good size three bedroom family home situated in the popular village of Earls Colne a short distance to Halstead and Colchester.
The property is accessed via double glazed entrance door which leads to an entrance hall with stairs to the first floor. The lounge is located to the front and is fitted with a gas fire housing a back boiler (not tested).
The kitchen is located to the rear of the property and has fitted units and work surfaces, plumbing for dishwasher, inset sink, wall mounted cabinets, pantry, window to the rear and door leading to the utility / store room with a further door leading to the rear garden.
The first floor landing has access to the loft space, window to the side and airing cupboard. Bedroom one is located to the front and is a good size. Bedroom two is to the rear and also a double room. Bedroom three is also a double and located to the front with built-in cupboard.
The bathroom is fitted with a modern suite comprising a panel bath with shower over, hand basin and double glazed window to the rear with a separate WC.
The rear garden is approximately 60 deep enclosed by fencing. There is pedestrian access from both aspects, one through the tunnel and, at the other entrance, behind the fence and gate, the vendor keeps the bins, a shed and potting table, all sitting next to the path at the side of the house. There is a pathway at the rear of the property that leads to the Millenium Green.
At the front there is a good size lawn and a pathway leading to the front door.
Location
The property is situated on the edge of the popular village of Earls Colne in a pleasant cul de sac position with bus stop at the end of the road. Earls Colne offers a range of shopping facilities and eateries and public houses all within a reasonable walk. There is good primary and secondary schooling nearby as well as recreation club and constitutional club and church. Halstead town centre is a short distance away providing a further range of shopping facilities.
The A12 can be accessed London bound towards the M25 and the A120 leads to Stansted Airport. There is a mainline station at nearby Marks Tey offering services to London (Liverpool Street).
Directions
SatNav - CO6 2LX
Important Information
Council Tax Band - B
Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold
EPC rating - TBC
Our ref - 57780
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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