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£525,000
Bedrooms
Bathrooms
Horizon Estate Agents are delighted to bring to market this modern, well maintained three bedroom detached bungalow situated in a sought after location. The property comprises of three double bedrooms, with an en-suite to the bedroom one, a modern fitted family bathroom, 225 lounge and a stunning, spacious open plan kitchen/diner. To the rear, a well presented, south facing garden of approx 90ft, a covered seating area, a courtyard and a garage. To the front of the property, an in and out driveway providing off-street parking for multiple vehicles. Located within close proximity to local schools, transport links, shops and amenities. Internal viewing is essential.
In accordance with the 1979 Estate Agency act, please be advised that the owners of this property are related to an employee of Horizon Estate Agents Ltd.
Porch - Composite obscured double glazed front entry door, tiled flooring, further door leading to:
Hallway - Oak doors to all rooms, smooth plastered ceiling. radiator, power points, carpeted.
Bedroom One - 4.85m x 3.43m (1511 x 113) - Double glazed windows to front and side aspects, radiator, power points, carpeted, smooth plastered ceiling.
En-Suite - Three piece suite comprising of a shower unit with rainfall shower, wash hand basin with vanity unit, low level W.C, heated towel rail, tiled flooring, smooth plastered ceiling with spotlights, extractor fan.
Bathroom - Three piece suite comprising of a panelled bath, wash hand basin with vanity unit, low level W.C, obscured double glazed window to side aspect, heated towel rail, storage cupboard, partly tiled walls, tiled flooring, smooth plastered ceiling with spotlights.
Bedroom Three - 2.95m x 2.95m (98 x 98) - Double glazed window to front aspect, radiator, power points, carpeted, smooth plastered ceiling.
Bedroom Two - 3.15m x 2.95m (104 x 98) - Double glazed window to side aspect, radiator, power points, carpet, smooth plastered ceiling.
Open Plan Kitchen/Diner - 5.41m x 4.95m (179 x 163) - Range of eye and base level units with quartz work surfaces over, ceramic Butler & Rose sink drainer unit with mixer tap, space and plumbing for washing machine and dishwasher, space for fridge freezer, four ring electric hob with extractor hood over, breakfast bar island, power points, double glazed windows to rear and side aspect, double glazed door to rear, wood flooring, smooth plastered ceiling with loft access.
Lounge - 6.83m x 3.84m (225 x 127) - Double glazed window to rear aspect, double glazed sliding door to rear, log burner, radiators, power points, carpeted, smooth plastered ceiling.
Rear Garden & Courtyard - Paved courtyard seating area, access to garage, rear garden mainly laid to lawn, covered seating area, storage shed, side access to front of property.
Front Of The Property - Driveway providing off-street parking for 5-6 vehicles, side access to garage and rear of the property.
Additional Information - Tenure: Freehold
Council: Rochford District Council
Tax Band: E
Agents Note - We recommend our customers use our panel of Conveyancers. It is your decision whether you choose to deal with our panel of Conveyancers but you are under no obligation to do so. You should know that we would receive a referral fee of 150 per transaction from them for recommending you to them.
Should you arrange a Mortgage through our recommended mortgage advisor, 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 insurance products that you decide to take.
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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