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£650,000
Bedrooms
Bathrooms
A truly substantial home set in a prime position in the highly sought after area of Hempstead, this property is the perfect forever family home, spacious accommodation, ample off road parking, beautifully presented and decorated to a high standard throughout, close to good schools, shops, restaurants and with great transport links, it ticks all the boxes!
The ground floor offers a lounge with large windows flooding the room with natural light, separate dining room with direct access to the garden, downstairs W/C, well - appointed white gloss kitchen/breakfast room with granite worktops, integrated appliances including a 5 ring gas hob for the chef in the family! TV Room/3rd reception room, utility room and integral garage with electric door.
On the first floor a spacious landing leading to four light and airy larger than average double bedrooms, all with built in wardrobes, a stylish fully tiled family bathroom and the primary bedroom boasts a luxurious en-suite with large walk in shower and free standing bath.
Externally, a private south facing rear garden measuring approximately 45 x 44ft with lawn, side access and a large patio which is perfect for entertaining. The property also has the added benefit of a CCTV system which can be accessed remotely. This is not to be missed, so call the Greyfox Sales & Lettings team in Rainham and book your viewing today!
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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