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£650,000
Bedrooms
Bathrooms
Hunters Hornchurch are delighted to offer for sale this well presented and spacious semi detached bungalow situated in Hornchurch.
The property comprises of: porch, entrance hallway, reception room, dining room, fitted kitchen, family bathroom and three bedrooms. Externally to the front the property has off road parking for multiple vehicles and further parking to the side and rear. The rear garden has a patio area and lawn bordered by a a mix of trees and shrubs.
There is a detached garage / games room with an up and over roller shutter to the front. The games room also has a separate w/c.
Located within easy reach of Hornchurch Town Centre which offers quality shopping, restaurants and events during the year. As a shopping destination, Hornchurch caters for all from a large selection of retailers to a range of independent traders, from arts and crafts to high street fashion.
Elm Park Station is 0.2 miles
Hornchurch Station is 0.8 miles
Frontage - Paved driveway with off road parking for multiple vehicles
Porch - UPVC double glazed door and window to front, painted walls, fitted carpet
Entrance Hallway - Wooden door with glass panels, fitted carpet, plastered painted walls, radiator
Reception Room - 7.11m x 3.63m (234' x 1111' ) - UPVC double glazed doors and windows to rear, UPVC double glazed window to side, plastered painted walls, fitted carpet, 2 x radiators
Dining Room - 4.55m x 2.82m (1411' x 93' ) - Plastered painted walls, fitted carpet, radiator
Kitchen - 4.01m x 3.91m (132' x 1210' ) - UPVC double glazed door and window to side, fitted kitchen with a mix of eye level and base units, roll worktops, inset sink and drainer, integrated oven, integrated gas hob, integrated fridge / freezer, part plastered painted walls, part tiled walls, radiator, laminate flooring
Bedroom One - 6.17m max x 3.12m max (203' max x 103' max) - UPVC double glazed window to rear, plastered painted walls, fitted carpet, radiator
Bedroom Two - 5.26m into bay x 3.12m max (173' into bay x 103' - UPVC double glazed bay window to front, plastered painted walls, fitted carpet, radiator
Bedroom Three - 2.79m x 2.64m max (92' x 88' max) - UPVC double window to front, plastered painted walls, fitted carpet, radiator
Bathroom - UPVC double glazed window to side, bath suite comprising of: low level w/c, pedestal hand wash basin, bath, tiled walls, tiled flooring, radiator
Garden - 25.91m x 9.85m (850' x 323' ) - Gated driveway with further parking to the rear, lawn area bordered with a mix of trees and shrubs
Garage - 5.77m x 5.36m max (1811' x 177' max) - Roller shutter door, UPVC double glazed window to side
Games Room - 5.74m x 4.60m max (1810' x 151' max) - UPVC double glazed door and window to front, plastered papered walls, fitted carpet tiles, door leading to w/c with hand wash basin
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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