4 bedroom detached for sale

£625,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

''Guide Price 625,000 - 650,000'' An impressive Four-Bedroom Detached Family Home in a Prestigious Hempstead Location.

Situated in one of Hempsteads most sought-after roads and just a short distance from the popular Hempstead Valley Shopping Centre, this beautifully presented four-bedroom detached property offers spacious, versatile living and exceptional kerb appeal. The ground floor welcomes you with a generous entrance hall leading into a large lounge, featuring a charming bay window andFrenchdoors that open directly onto the rear garden. The heart of the home is the bright and airy garden room, currently used as a dining area, which boasts a vaulted ceiling, exposed brick feature wall, and additional French doors leading to rear garden, creating a perfect space for entertaining. The well-proportioned kitchen flows seamlessly into this space, with a separate utility room and convenient downstairs shower room completing the ground floor. Upstairs, youll find four generously sized double bedrooms, with built-in wardrobes to both the main and second bedrooms. The modern family shower room is fitted with a stylish walk-in shower, ideal for contemporary family living. Outside, the property continues to impress with a beautifully landscaped, south-facing rear garden. Featuring a patio area, well-maintained lawn, and mature shrubs, its a peaceful retreat perfect for relaxing or entertaining. To the front, a spacious in-and-out driveway provides ample parking, along with a garage and additional storage area between the house and garage. With highly regarded schools nearby, amenities on your doorstep, and excellent transport links, this is a fantastic opportunity not to be missed so call the Greyfox sales team in Rainham to arrange your viewing now!

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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

£ 518325

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
    £ 15625
  • 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

£ 49575
  • 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.

Notes

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