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£525,000
Bedrooms
Bathrooms
This detached four-bedroom family home in Rainham is move-in ready, featuring ample living space and a charming conservatory with views of a sunny garden. Its an excellent choice for commuters and families, with great access to local amenities and within the catchment area of various primary and secondary schools including Leigh Academy and Rainham Mark Grammar School.
On the ground floor you are welcomed into a spacious hallway with storage and a cloakroom equipped with a W/C and hand basin. The living areas, includes a great size lounge with triple aspect windows including a beautiful bay that floods the room with natural light, a separate dining room with bay window and doors through to the sunny conservatory, a well-appointed kitchen with breakfast bar and utility area, and a converted garage which is part storage and a convenient home office for those working from home. On the first floor a family bathroom, four generous double bedrooms, all with built-in storage and two bedrooms feature en-suite bathrooms. Externally a lawned front garden, double driveway and side access to the rear south west facing garden with lawn, patio and decked area which is an ideal entertainment space. Dont miss out on this spacious family home, contact the Greyfox Sales Team in Rainham today to arrange a viewing!
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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