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£800,000 Guide Price
Bedrooms
Bathrooms
''' GUIDE PRICE 800,000-850,000 '''
Welcome to this stunning property located on Sandown Road in the sought-after Orsett area. This 'tardis-like' detached home, built in 1935, boasts an impressive five bedrooms, but with up to five reception rooms there is the the potential to create even more!
Youll be greeted inside by a modern family kitchen, a utility kitchen, and a convenient laundry room, perfect for a busy household. The property also features four bathrooms, ensuring that there will be no queues during the morning rush.
One of the highlights of this property is the self-sufficient one-bedroom annex, offering flexibility for guests, extended family, or even as a rental opportunity. This additional space provides privacy and independence while still being connected to the main house.
Whether youre looking for a charming family home with ample space or considering the potential for additional income from the annex, this property offers a unique opportunity to create the lifestyle you desire. Dont miss out on the chance to own a piece of history in this desirable location.
MONEY LAUNDERING REGULATIONS Anti-Money Laundering. We are required to carry out due diligence on all customers in order to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Please be aware you will be charged 120 including VAT to produce the required document through our chosen third-party AML provider. You agree to provide us with any documentation we may require for this purpose. These particulars do not constitute part or all of an offer or contract. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
Potential buyers are advised to recheck the measurements before committing to any expense.
Griffin has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. Griffin has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Griffin Residential Group provide a reservation fee service (Griffin Rightbuyer Protection) to protect both our buyers and our vendors from being gazumped or gazundered. A reservation fee is very similar to putting a holding deposit down when renting a property. It is a payment made by a buyer to provide exclusive rights to buy a property, under certain conditions and at an agreed price. The reservation fee is set at a minimum of 1,000 for properties available through us. Full terms and conditions are available at the office or can be sent to you via email upon request. This service is provided by a third party company and is at the request of our selling client. The reservation fee is refunded to the buyer upon completion of the transaction.
Griffin Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings team on the number shown above.
We recommend our customers use our panel of Conveyancers/Solicitors. It is your decision whether you choose to deal with our recommendation, and you are under no obligation to do so. You should know that we may receive a referral fee of up to 400 per transaction from them.
Should you arrange a Mortgage through our recommended mortgage advisor, again of which there is no obligation we will receive a commission fee. The amount of commission will depend on the size of the loan and any associated products that you decide to take.
The Consumer Protection from Unfair Trading Regulations 2008 (CPRs).
These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.
Griffin could earn up to 5% of total removal costs if client proceeds to instruct the services of Trunk Logistics LTD ( Our Official Removal Partner).
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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