4 bedroom detached for sale

£650,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Guide Price 650,000 - 675,000. This beautifully presented detached home, located in sought after Hempstead, boasting stylish dcor, and finished to a high standard throughout is not to be missed! With an abundance of space, light, and luxurious living the accommodation offers a welcoming hallway, spacious lounge flooded with natural light from the bay window creating a warm and inviting atmosphere. Separate dining room which is the perfect entertaining space, with panelled walls and a striking feature wall. A downstairs w/c, utility room equipped with a sink, ample cupboard space, and access to the garden. A stunning shaker style kitchen/breakfast room designed with a peninsula, integrated appliances including a wine cooler, and plenty of space for informal dining or to enjoy your morning coffee with fabulous garden views!

On the first floor an expansive landing featuring a sash window framing the picturesque views of the surrounding area, a well-appointed family bathroom and four generous double bedrooms each benefitting from built-in storage, with the primary bedroom featuring a contemporary en-suite with a large walk-in shower.

If you require more space or are planning for the future, theres huge potential for a rear extension or a loft conversion without compromising any of the current space, as the access would be from the landing and the vast loft space could easily accommodate a primary suite with en-suite and walk-in wardrobe (subject to planning permission).

Externally an attractive front garden, beautifully maintained, enhancing the propertys curb appeal. Double garage with electric doors and driveway. The stunning east facing rear garden is truly magical, lovingly cultivated by the current owners and set out over two tiers. Features include a large Indian sandstone patio with a circular deck perfect for entertaining, a water feature with another seating area, raised planters, and an abundance of established plants with pops of colour everywhere you look. The upper tier boasts a lawned area with a summer house.

This property offers the perfect blend of style, comfort, and potential for future growth. Dont miss the opportunity to make this exquisite house your new home. Dont delay call the Greyfox Sales Team in Rainham to book your viewing today!



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

£ 538950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • 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

£ 51450
  • 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.

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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

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  • 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.

Notes

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