5 bedroom semi-detached for sale

£1,650,000

5

Bedrooms

2

Bathrooms

Floorplan

A rare opportunity to acquire this semi-detached house of character located in one of Upminsters sought after residential turnings north of the town centre.

The property benefits from backing onto Upminster Golf Course and is being offered with no onward chain. Applicants are strongly advised to view the property internally to appreciate its many fine features and accommodation offered.

Upminster is known for the quality of its schools and situated near the property are Engayne Primary School, Hall Mead School and The Coopers Company and Coborn School. Further information can be sourced via (using the Postcode RM14).

As already mentioned, 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.

FRONTAGE:

Carriage driveway with hardstanding, beds with mature shrubs, roller shutter garage door and double composite doors leading to the porch which has a tiled floor, window to the side, two cupboards and double wooden glazed door leading to the Entrance Hall.

GROUND FLOOR

ENTRANCE HALL: 1710' x 128' (maximum measurements)

Parquet flooring, coved cornice and ceiling rose, glazed window to front, feature fireplace, large cupboard and radiator.

LOUNGE: 154' x 156'

Coved cornice and ceiling rose, feature fireplace, double glazed window to the front and radiator.

DINING ROOM: 126' x 1411'

Coved cornice, feature fireplace, double French doors leading to conservatory, dado rail, radiator.

CONSERVATORY:

Tiled floor with window overlooking garden and door to the side.

RECEPTION ROOM: 1111' x 117'

Wood panelled walls, coved cornice, ceiling rose, French doors overlooking garden, radiator.

KITCHEN: 1610' x 9

Range of base and wall units and contrasting worktops, part tiled walls, tiled floor, double bowl sink and drainer, double electric oven, electric hob with extractor fan, integrated dishwasher and fridge freezer, two double glazed windows overlooking the garden and door to side leading out into the garden.

UTILITY ROOM: 143' X 74'

Range of base and wall units with contrasting worktops, one double glazed window the side and one double glazed window to the front., single bowl sink unit with drainer, tiled floor and plumbing for washing machine, radiator.

GROUND FLOOR WC:

Toilet and hand basin, tiled floor and walls, frosted double glazed window to the side.

Staircase leading to the first floor landing with large window to the flank.

FIRST FLOOR

LANDING AREA:

Radiator and cupboard.

MASTER BEDROOM: 1310' (to wardrobe) x 135'

Fitted wardrobes, vanity unit, coved cornice, ceiling fan, double glazed window to front and radiator.

BEDROOM 2: 144' x 102'

Fitted wardrobe, vanity unit, covered cornice and dado rail, ceiling fan, double glazed window to garden, radiator.

ENSUITE BATHROOM:

Three piece suite, white low level flushing WC, basin with vanity unit, shower cubicle with glass enclosure, tiled walls and lino flooring.

BEDROOM 3: 124' x 911'

Double glazed window to front, coved cornice and ceiling rose, radiator.

BEDROOM 4: 82' x 1011'

Double glazed window to front, coved cornice and radiator.

BEDROOM 5: 82' x 88'

Coved cornice and radiator

FAMILY BATHROOM: 810' x 113'

Four piece modern bathroom suite with white roll top bath, low level flushing WC, basin with vanity unit, double walk-in shower, part tiled walls, tiled floor, covered frosted window to garden, heated towel rail.

GARDEN:

In excess of 200ft, decked stairs leading to block paved patio area, paved stairs leading to immaculate lawn , range of well tended shrubs and trees, pond with water feature, green house.

Personal door from the garage offering side access.

EPC Rating: D

Council Tax Band: F

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

£ 1390700

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
    £ 41250
  • 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

£ 153200
  • 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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