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£675,000
Bedrooms
Bathrooms
We are favoured with instructions to sell this charming three bedroom semi-detached bungalow situated in a popular residential turning south of the Station. The property offers spacious living accommodation, boasting an open aspect to the rear.
Schools in the area are excellent and include The Ofsted rated 'Outstanding' 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 HALL:
Wooden front door, staircase leading to first floor, storage cupboard, dado rail, radiator.
RECEPTION ONE: 116' x 153'
Feature beams, window seat to leaded light double glazed bay window to front, brick built feature fireplace, radiator.
RECEPTION TWO: 116' x 153'
Feature fireplace, double glazed patio doors leading to the rear garden, dado rail, radiator.
KITCHEN: 83' x 79
Range of fitted wall and base units with contrasting work tops, single drainer sink unit, double eye level oven, electric hob, plumbing for automatic washing machine, part tiled walls, tiled flooring, double glazed window to flank, door leading to the garden.
BEDROOM TWO: 911' to wardrobes x 115'
Fitted wardrobes, leaded double glazed window to front, radiator.
BEDROOM THREE/BREAKFAST ROOM: 84' x 1111'
Currently featuring base and wall units with contrasting work surface area, double glazed window to flank, radiator.
BATHROOM/WC:
White suite comprising accessible shower with wet wall, pedestal wash hand basin, low level flushing WC, tiled walls, lino flooring, opaque window to rear, radiator.
FIRST FLOOR
MASTER/BEDROOM ONE: 157 x 115' to wardrobes
Fitted wardrobes, eaves storage, window to rear with view over playing fields, radiator
SHOWER ROOM:
Shower cubicle with tiled walls, pedestal wash hand basin, low level flushing WC, opaque window to flank radiator.
FRONT GARDEN:
Independent crazy paved driveway leading to the garage and offering off-street parking, flower beds with a range of mature shrubs.
GARAGE:
Attached garage approached via independent driveway with an up and over door.
REAR GARDEN:
Commencing with a paved patio leading to the lawn with borders containing mature shrubs and trees, summerhouse with power, garden shed, outside tap, access to garage via personal door.
EPC Rating: D
Current Council Tax Band: F
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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