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£600,000 Guide Price
Bedrooms
Bathrooms
''Guide price 600,000-625,000'' Perfectly positioned in the ever-popular Wigmore area, this spacious and versatile detached chalet bungalow offers an ideal home for growing families or those seeking long-term comfort. The ground floor features an inviting entrance hall, two generously sized bedrooms, each offering ample storage space, a formal dining room provides an elegant setting for entertaining, while the stylish family bathroom includes a luxurious roll-top bath. The home also benefits from a study, ideal for remote work, and a well-equipped kitchen with an adjoining utility area for added convenience. At the heart of the home is a large, welcoming lounge, which opens via French doors onto the impressive rear garden, perfect for relaxing or hosting guests. Upstairs, youll find two further vastly sized bedrooms, the main bedroom boasts an en-suite and Juliet balcony overlooking the garden and the second bedroom includes an ensuite W/C and basin, both rooms also offer plenty of storage. Externally, the property boasts a generously sized flat rear garden including patio, plenty of lawn and a decked area. Theres a detached workshop/garage, and the front offers ample off-road parking offering both practicality and privacy. Located perfectly for good schools, amenities, and transport links this family home will be popular, so call the Greyfox Sales team in Rainham to book your viewing now!
Note: Greyfox are required to declare that the seller of this property is an employee of the company.
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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