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£925,000
Bedrooms
Bathrooms
If you are looking for your forever family home where you can make memories then this will be just the place. One thing that stands out straight away about this property is its large front driveway providing off street parking, an integral garage for extra storage and side gated access to a beautiful rear garden with a shed to remain and a large seating area where the whole family can enjoy entertaining guests all year round, especially in those warmer summer months for those all important BBQ parties! As you walk into the welcoming hallway you are greeted with a high vaulted entrance and light flooding through from the family room at the back with sliding patio doors overlooking the attractive rear garden. Modern living with a bespoke kitchen, open space and a high specification, if wining and dining is your thing then you will find that most congregate here. You will also discover a separate bespoke utility room, a downstairs cloakroom and three spacious reception rooms including a living room, toy room and office which could also be used as additional bedrooms. The first floor is home to an immaculate three piece suite bathroom with a freestanding bath and four generous sized double bedrooms with the master bedroom benefitting from an en-suite and a walk in wardrobe. Location wise, you can take advantage of being a stones throw from local shops and bars, a 5 minute walk from Thundersley Glen where you can enjoy long dog walks in the fresh air, a 25 minute walk from Tarpots Corner offering a variety of shops, cafes, bars and restaurants, multiple bus connections, easy access onto the A13 & A127 and only a short drive from Benfleet station where you can catch the train to London in less than an hour.
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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