3 bedroom semi-detached for sale

£650,000

3

Bedrooms

1

Bathrooms

Floorplan

Situated in a popular residential turning, we are delighted to be favoured with instructions to market this three bedroom semi-detached house.

Schools in the area are excellent and include the renowned Coopers Company and Coborn School, and the Ofsted rated 'outstanding' Sacred Heart of Mary Girls School. There is also a good choice of state nursery, infant and junior schools. 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, pubs 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:
Enter through double glazed porch with internal stained opaque wooden panelled door leading into:

HALLWAY:
Laminate flooring, cornice to ceiling, radiator, door to through lounge, carpeted staircase to first floor landing.

THROUGH LOUNGE: 243' x 112'
Oak Flooring, double glazed leaded window to front, double glazed leaded doors leading to the patio, feature fireplace with tiled inset and coal effect gas fire, storage cupboard, cornice to ceiling, two radiators, door leading to kitchen.

KITCHEN/BREAKFAST ROOM: 157' x 1410'
Lino flooring, range of fitted wall and base units with roll top work surfaces, 1 bowl stainless steel sink and drainer unit with mixer tap, Range cooker to remain, plumbing for dishwasher, two radiators, door to utility area, double glazed window and door to rear and double glazed window to flank.

UTILITY AREA:
Lino flooring, plumbing for automatic washing machine, wooden door leading to storage area and door leading to ground floor cloakroom.

GROUND FLOOR CLOAKROOM:
Lino flooring, wall mounted wash hand basin, low level WC, radiator.

LANDING:
Carpeted flooring, loft access, single glazed leaded stained glass opaque window to flank, doors leading to all rooms.


BEDROOM ONE: 138' to wardrobes x 108'
Carpeted flooring, built-in wardrobes, two double glazed leaded windows to front, picture rail, radiator.

BEDROOM TWO: 116' x 85'
Oak flooring, built-in cupboards, double glazed window to rear, radiator.

BEDROOM THREE: 104' narrowing to 83' x 81'
Oak flooring, cornice to ceiling, double glazed window to rear, radiator.

BATHROOM/WC: 78' x 55'
Tiled flooring and walls, suite comprising of a panelled bath with mixer tap and shower attachment, pedestal wash hand basin and low level flushing WC, radiator, double glazed opaque window to flank.

FRONT GARDEN:
Brick paved with off-street parking.

REAR GARDEN: 60 Ft. (approx.)
Steps leading down to brick paved patio with main garden laid to lawn with mature planting to borders, door leading to storage area which houses the boiler.

EPC Rating: Awaiting
Current Council Tax Band: E

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 538950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 51450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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