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£710,000
Bedrooms
Bathrooms
Located in one of the most popular turnings south of the town centre, we are favoured with instructions to sell this three bedroom semi-detached house. The property does require some modernisation but offers excellent potential for improvement and extending (subject to planning approval). Applicants are advised to view the property internally in order to appreciate the family accommodation offered.
Schools in the area are excellent and include Branfil Primary School, Upminster Infants School, Upminster Junior School, the renowned Coopers Company and Coborn School and the Ofsted rated 'Outstanding' Sacred Heart of Mary Girls School. Further information can be sourced via (using the Postcode RM14).
Upminster Town Centre offers a wide variety of shops including high street chains such as Holland & Barrett, Waitrose, Aldi, M&S Food, Costa Coffee, Boots, Caf Nero and Roomes, the long established department store. There are also many cafes and local restaurants.
One of Upminsters main attractions to residents is its unbeatable commuter links. Fenchurch Street in the heart of the City can be reached in as little as 20 minutes via the c2c service from Upminster Station, which is also served by the District Line. Travelling by road just 2 miles from the town centre will take you to J29 of the M25.
ACCOMMODATION WITH APPROXIMATE ROOM SIZES:
ENTRANCE PORCH:
With entrance door leading to:
ENTRANCE HALL:
Offers staircase to first floor landing with storage cupboards under, picture rail, double glazed window to flank, radiator.
LOUNGE: 141' x 126'
Double glazed window to front , ceramic tile fireplace , coved cornice to rail, radiator.
DINING ROOM: 140' x 110'
Double glazed patio doors to the rear garden, fireplace, picture rail.
KITCHEN: 10 11' x 7 5'
Double glazed window to flank and double glazed door leading to the rear garden, single bowl single drainer sink unit with mixer tap, fitted base and wall cabinets, work surface areas, plumbing for washing machine, half ceramic tiled walls, radiator.
LANDING:
Double glazed window to flank, access to loft space, cupboard housing gas boiler and lagged hot water cylinder.
BEDROOM ONE: 13 11' x 112'
Double glazed bay window to front, coved cornice, radiator.
BEDROOM TWO: 143' x 112'
Double glazed window to rear, coved cornice, radiator.
BEDROOM THREE: 811' x 75'
Double glazed oriel window to front , coved cornice, radiator.
BATHROOM:
Opaque double glazed window to rear , coloured suite comprising panelled bath, pedestal wash hand basin and bidet, half ceramic tiled walls, radiator .
SEPARATE WC:
Opaque louvre window to rear, ceramic tile walls, low level flushing WC
REAR GARDEN:
An attractive rear garden being predominantly laid to lawn with mature shrub and flower borders, outside tap, timber shed, personal access to the garage.
GARAGE: 157' x 79' (approx.)
Up and over door, approached via an independent driveway which also offers additional off-road parking.
EPC Rating: Awaiting
Current Council Tax Band: E
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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