4 bedroom detached for sale

£850,000

4

Bedrooms

2

Bathrooms

3

Reception

Floorplan

We have been favoured with instructions to offer for sale this stunning detached period property located within the highly desirable Milton Conservation Area, close to the City centre with easy access to both Southend Central and Victoria mainline stations. The current owners have resided here for almost 50 years and are responsible for having retained all of its original character and charm. Boasting four good sized bedrooms, three reception rooms, kitchen/utility room and ground floor shower room with beautifully landscaped gardens to the front and rear and the added benefit of off-road parking. This is a truly unique opportunity to acquire a property of this type and we would therefore urge any interested parties to make an immediate appointment to view.

ACCOMMODATION COMPRISES
Approached via original hardwood double doors into:
PORCH
Tiled floor. Further double doors with stained glass panels into:
ENTRANCE HALL
Original tiled flooring. Return staircase to first floor. Radiator. Dado rail. Ornate coving to ceiling. Understairs storage cupboards. Double glazed door leading to rear garden.
LOUNGE / DINING ROOM
32 7 x 12 5 narrowing to 11 10" (9.92m x 3.78m)
LOUNGE AREA
Large sash bay window to the front aspect. Stunning solid oak ornate Victorian fireplace with cast iron insert. Fitted carpet. Radiator. Picture rail. Ornate coving to ceiling.
DINING AREA
Two sash windows to the rear aspect. Ornate Victorian oak fireplace with cast iron insert. Fitted carpet. Two radiators. Picture rail. Ornate coving to ceiling.
SITTING ROOM
19 4 x 12 5 (5.89m x 3.78m)
Large sash bay window to the front aspect. Mahogany fireplace with tiled insert and hearth. Radiator. Fitted carpet. Three wall lights. Coloured leadlight picture window to side. Picture rail. Ornate coving and ceiling rose.
BREAKFAST ROOM
10 0 x 9 10 (3.05m x 2.99m)
Windows to side and rear aspects. Fitted carpet. Radiator. Built-in storage cupboard. Large walk-in pantry. Tiled floor. Window to side aspect. Opening leading to:
GALLEY KITCHEN
8 2 x 7 7 (2.49m x 2.31m)
Fitted with solid wood base cupboards and drawer units with matching eye-level cupboards. Beech work surfaces. Inset ceramic one and a quarter bowl sink unit with mixer tap. Built-in electric double oven with ceramic hob and extractor unit over. Splashback tiling. Double glazed window to side aspect. Tiled flooring. Door to:
UTILITY ROOM
15 3 max x 11 9 (4.64m x 3.58m)
Quarry tiled floor. Opaque glazed door leading to side access. UPVC double glazed door leading to rear garden. Vaulted ceiling. Kitchen area fitted with base cupboard and drawer units with roll edged work surfaces. Inset single bowl sink unit with mixer tap. Plumbing for washing machine. Radiator. Double glazed windows to rear.
GROUND FLOOR SHOWER ROOM
Comprising walk-in shower enclosure with electric shower unit. Wall mounted wash hand basin. Low-level w.c. Fully tiled walls. Radiator. Opaque double glazed window to rear.
FIRST FLOOR / LANDING
Window to rear aspect. Fitted carpet. Dado rail. Picture rail. Coved cornice.
BEDROOM ONE
15 2 x 12 5 (4.62m x 3.78m)
Two sash windows to the front aspect. Marble fireplace and mantle with cast iron insert. Fitted carpet. Radiator. Built-in double wardrobe. Picture rail and coved cornice.
BEDROOM TWO
15 2 x 12 5 (4.62m x 3.78m)
Sash window to front aspect. Ornate cast iron fireplace. Radiator. Fitted carpet. Picture rail. Coved cornice to ceiling.
BEDROOM THREE
12 7 x 11 10 (3.83m x 3.60m)
Two sash windows to rear aspect. Radiator. Fitted carpet. Ornate cast iron fireplace. Coved cornice.
BEDROOM FOUR
12 7 x 9 5 (3.83m x 2.87m)
Sash windows to rear and side aspects. Fitted carpet. Radiator. Doorway to:
DRESSING ROOM
8 2 x 7 3 (2.49m x 2.21m)
Fitted wardrobes to one wall. Radiator. Window to rear aspect.
BATHROOM
Comprising P shaped bath with electric shower and glass shower screen. Pedestal wash hand basin. Part tiled walls. Dado rail. Radiator. Sash window to front aspect.
SEPARATE W.C
Low-level w.c. Radiator. Opaque window to side aspect.
OUTSIDE
Walled rear garden. Beautifully landscaped and maintained to provide seclusion, commencing with a tiled patio to the immediate rear with raised flower bed surround. Further flagstone patio area to the side. Remainder laid to lawn with well stocked established shrub borders and a variety of established fruit trees. Large timber storage to the rear of the garden. Covered side access with wooden gate leading to:
FRONT GARDEN
Black and white tiled pathway leading to entrance doors flanked by well manicured gardens to either side and retained by dwarf boundary wall with brick pillars and wrought iron gate. Gravel driveway to both flanks providing off-street parking for two vehicles.
INFORMATION
EPC Rating - ECouncil Tax Band - E

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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

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 21250
  • 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

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£

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

£ 66450
  • 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.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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