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£625,000
Bedrooms
Bathrooms
Hunters Hornchurch are delighted to offer for sale this well presented and extended family home situated in Hornchurch. The property comprises of: entrance hallway, lounge, through dining room, contemporary fitted kitchen and ground floor w/c. To the first floor are four bedrooms with a four piece bathroom. Externally to the front the property offers offer road parking with a garage and workshop to the side. To the rear is a good size garden with raised patio, lawn, pergola and summerhouse.
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. The property is also close to schools which include; Hacton primary school (Ofsted: Outstanding) Langtons junior and infants school (Ofsted: Good) Hornchurch Station is 0.8 miles. Upminster Bridge Station is 1 mile
Emerson Park Station is 0.4 miles
Viewing is highly recommended to fully appreciate the space this property has to offer.
Frontage - Block paved driveway with off road parking for three vehicles. Access to garage.
Hallway - UPVC double glazed door and windows to front, plastered painted walls, solid wood flooring, radiator
Reception Room - 4.19m into bay x 3.81m max (139' into bay x 126' - UPVC double glazed bay window to front, plastered painted walls, fitted carpet, wall mounted electric fire, radiator
Dining Room - 3.51m x 3.48m (116' x 115' ) - UPVC double glazed windows and double doors to rear, plastered painted walls, fitted carpet, 2 x radiators
Kitchen - 5.51m max x 2.21m max (181' max x 73' max ) - UPVC double glazed door and window to rear, fitted kitchen with a mix of eye level and base units, roll worktops, inset sink and drainer, integrated oven, hob and cooker hood, space for American style fridge freezer, space and plumbing for washing machine and dishwasher, plastered painted walls with tiled splash back, solid wood flooring
Cloakroom - Low level w/c, wall mounted sink, plastered painted walls, solid wood flooring
Stairs And Landing - UPVC double glazed window to side, plastered painted walls, fitted carpet
Bedroom One - 4.22m into bay x 3.51 max (1310' into bay x 116' - UPVC double glazed bay window to front, plastered painted walls, fitted carpet, fitted wardrobes, radiator
Bedroom Two - 3.51m x 2.36m (116' x 79' ) - UPVC double glazed window to rear, plastered painted walls, fitted carpet, radiator
Bedroom Three - 5.28m max x 2.90m max (174' max x 96' max) - UPVC double glazed window to rear, plastered painted walls, fitted wardrobes, laminate flooring, radiator
Bedroom Four - 2.44m x 2.13m (80' x 7) - UPVC double glazed 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, panel bath, shower enclosure with wall mounted shower and shower hose, tiled walls, tiled flooring
Garage - 7.04m x 2.49m (231' x 82' ) - Solid wood double door to front leading to garage
Workshop - 2.49m x 2.49m (82' x 82' ) - UPVC double glazed door to rear leading to workshop
Garden - 22.86m x 8.99m (75 x 296' ) - Raised patio area leading from the back of the house, lawn bordered by wood paneled fencing and a mix of trees and shrubs, wooden pergola with seating area
Garden Room - 3.84m x 3.81m (127' x 126' ) - Wooden garden room / games room with electricity connection
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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