4 bedroom semi-detached for sale

£735,000

4

Bedrooms

2

Bathrooms

Floorplan

An opportunity to acquire this extended semi-detached house located in one of Upminsters premier turnings north of the Town Centre. The property offers excellent family accommodation including three first floor bedrooms and an additional ground floor fourth guest bedroom/office which benefits from having an ensuite shower room.

Outside the property boasts an approximately 90 rear garden, off-road parking to the front of the property and plenty of potential for further extension subject to planning approval.

Schools in the area are excellent and include the renowned Coopers Company and Coborn School, the Ofsted rated 'Outstanding' Hall Mead School and Engayne Primary 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 Rooms, 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:
Offering staircase to first floor landing with storage cupboards under, radiator, power points

THROUGH LOUNGE/DINING ROOM: 277' x 120' reducing to 105'
UPVC double glazed window to front, attractive feature fireplace with fitted log burner fire, picture rail, coved cornice, ceiling rose, two radiators, power points.

MODERN FITTED KITCHEN: 148' x 911'
UPVC double glazed windows and door leading to the rear garden, 1 bowl inset sink unit with mixer tap, an extensive range of matching base and wall cabinets offering contrasting work surface areas, four plate induction hob with extractor hood above and matching electric fan assisted oven under, integral dishwasher, integral refrigerator/freezer, concealed space for automatic washing machine, partially ceramic tiled walls, concealed Vaillant combination gas boiler serving the domestic hot water and central heating system, radiator, power points.

GROUND FLOOR FOURTH BEDROOM/OFFICE: 117' x 75'
UPVC double glazed window to front, radiator, power points, door leading to:

ENSUITE SHOWER ROOM/WC:
Modern white suite comprising double shower cubicle, pedestal wash hand basin and low level flushing WC, ceramic tiled walls and flooring, inset ceiling lighting, extractor unit, radiator.

LANDING:
UPVC double glazed window to flank, access to loft space, picture rail, power points.

BEDROOM ONE: 127' x 109'
UPVC double glazed window to front, picture rail, coved cornice, radiator, power points.

BEDROOM TWO: 116' x 111'
UPVC double glazed window to rear, double fitted wardrobes with full length sliding doors, picture rail, radiator, power points.

BEDROOM THREE: 84' x 610'
UPVC double glazed window to front, picture rail, radiator, power points.

BATHROOM/WC:
Opaque UPVC double glazed window to rear, modern white suite comprising panelled bath fitted with a shower above and shower shield, pedestal wash hand basin, low level flushing WC, ceramic tiled walls, towel rail/radiator, linen cupboard.

REAR GARDEN:
As previously mentioned, the property enjoys approximately an 90 rear garden commencing with a patio which leads to the lawn, mature flower beds, outside tap.

FRONT GARDEN:
This area offers off-road parking which is approached via an independent driveway.

DIRECTIONS FROM OUR OFFICE IN STATION ROAD:
Proceed north into Hall Lane, take the second turning on the right hand side which is Ingrebourne Gardens where the property can be found on the left hand side just after Marlborough Gardens.

EPC Rating: D
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

£ 609075

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
    £ 18375
  • 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

£ 57825
  • 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

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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

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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.

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