6 bedroom detached for sale

£575,000

6

Bedrooms

4

Bathrooms

Floorplan

Horizon Estate Agents are pleased to bring to the property market this spacious five/six bedroom detached house. The property is situated within walking distance of Rochford/Southend train station, local shops, schools, bus route and Southend airport. The property has an annex so is ideal for dual living. The main house comprises of a modern kitchen/diner, lounge, study, five bedrooms, two of the bedrooms have en- suites and there is a family bathroom. The annex comprises Lounge, kitchenette, bedroom and shower room. The rear garden is ideal for entertaining, with a bar, heated plunge pool, hot tub and various seating areas for al-fresco dinning. There is off street parking for multiple cars and garage.
This property has many additional features, under floor heating in the main house, solar panels, electric charger point and a detached office. Viewing Internally is strongly recommended.

Hallway - Tiled floor, stairs to first floor accommodation, storage cupboard, smooth plastered ceiling, doors off to:

Cloakroom - Double glazed window with obscured glass to front aspect, tiled floor, close coupled wc, vanity unit wash hand basin, smooth plastered ceiling, part tiled walls, tiled floor

Study - 3.23m x 1.85m (107 x 61) - Double glazed window to front aspect, tiled floor, smooth plastered ceiling.

Lounge - 5.26m x 3.76m (173 x 124) - Double glazed French doors with windows to rear aspect, carpeted, smooth plastered ceiling.

Kitchen/Diner - 7.09m x 3.68m (233 x 121) - Double glazed window to front aspect, double glazed door and window to rear aspect, tiled floor, eye and base level units with work surface over and breakfast bar, Range oven with extractor fan over, stainless steel inset sink and drainer, integrated dish washer, space for American style fridge/freezer, smooth plastered ceiling. Door to Garage.

First Floor Landing - Double glazed window with obscured glass to front, carpeted, smooth plastered ceiling, stairs to second floor accommodation, doors off to:

Bedroom - 5.21m x 3.68m (171 x 121) - Double glazed window to front aspect and two double glazed windows to side aspect, carpeted, modern fitted high gloss white wardrobes, smooth plastered ceiling, door to:

En-Suite - Double glazed window with obscured glass to rear aspect, walk in shower cubicle , close coupled WC, vanity unit wash hand basin, tiled walls, vinyl flooring, storage cupboards, heated towel rail, smooth plastered ceiling

Bedroom - 3.78m x 3.18m (125 x 105) - Double glazed window to rear aspect, carpeted, smooth plastered ceiling.

Bedroom - 3.23m x 3.18m (107 x 105) - Double glazed window to front aspect, carpeted, smooth plastered ceiling.

Bathroom - Double glazed window with obscured glass to rear aspect, P-shaped panelled bath with shower over, close coupled WC, vanity unit wash hand basin, tiled walls, smooth plastered ceiling, storage cupboard.

Second Floor Landing - Carpeted, smooth plastered ceiling

Bedroom - 4.17m x 4.06m (138 x 134) - Double glazed skylight windows to front and rear aspect, carpeted, storage in the eaves, smooth plastered ceiling, door to:

En-Suite Wc - Double glazed skylight window to rear aspect, close coupled WC, vanity unit wash hand basin, smooth plastered ceiling.

Bedroom - 4.06m x 3.51m (134 x 116) - Double glazed skylight windows to front and rear aspect, carpeted, storage in the eaves, smooth plastered ceiling

Annex -

Bedroom - 3.28m x 2.95m (109 x 98) - Double glazed window to side aspect, carpeted, smooth plastered ceiling, wall mounted heater.

Lounge - 5.11m x 3.48m (169 x 115) - Double glazed French doors and windows to side aspect, carpeted, smooth plastered ceiling

Kitchenette - 2.77m x 2.26m (91 x 75) - Eye and base level units with work surface over, stainless steel inset sink and drainer, door to rear garden, door to:

Shower Room - Walk in shower cubicle, close coupled WC, wall mounted wash hand basin.

Garage - 5.87m x 3.58m (193 x 119) - Up and over door, light and power, space for washing machine and dryer

Rear Garden - Rear garden commences with patio area leading raised decking area, lawn and a further raised decking area. Heated plunge pool, hot tub and bar to remain. Side access to front. Office.

Detached Office - 2.84m x 2.34m (904 x 708) - Plastered walls and ceiling, vinyl flooring, fitted heat pump for heating and aircon, ample plug sockets.

Front Garden - Block paved driveway providing off street parking for multiple cars and door to Garage, side gate to rear.

Additional Information - Tenure - Freehold
Council - Rochford District Council
Tax Band - F

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.

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

£ 477075

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
    £ 14375
  • 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

£ 45825
  • 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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