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£775,000
Bedrooms
Bathrooms
Hunters are delighted to offer this former factory which has been converted into an impressive five bedroom detached property. Keeping many original features and finished to a very high specification, this family home offers 2,448 sq.ft of living space and will impress all viewers.
The property is set across two floors and comprises of: entrance hallway with gallery area, lounge / dining room, fitted kitchen, utility room, five bedrooms with walk in wardrobes to the main bedroom, three en-suite shower rooms with further family bathroom. Externally the property benefits from gardens to the front, side and rear bordered by wood panelled fencing and walls. There is also a wooden outbuilding.
The property is situated just 0.7 miles from Romford Main Line Railway Station (Crossrail) and Town Centre.
Romford Town Centre is a vibrant shopping, business, leisure and entertainment centre which attracts 21 million shoppers per year.
You will find over 400 great shops, restaurants and cafs across the town in four shopping centres, along with the traditional outdoor market
Romfords Sapphire Ice & Leisure offers a fantastic range of activities
Along with the ice rink, you can also enjoy their state-of-the-art gym, two swimming pools and dance studios.
VIEWING IS HIGHLY RECOMMENDED TO FULLY APPRECIATE WHAT THIS PROPERTY HAS TO OFFER
Entrance Hallway - Double glazed double doors to front, plastered painted walls, Solid Oak Herringbone flooring, radiator
Lounge / Dining Room - 6.78m x 6.38m (223' x 2011' ) - UPVC double glazed windows to front, double doors leading from the hallway, plastered painted walls, Solid Oak Herringbone flooring, original features to include steel beams, 2 x radiators
Kitchen - 5.84m x 3.43m (192' x 113' ) - UPVC b-folding double glazed doors to front and side, UPVC double glazed window to side, fitted kitchen with a mix of eye level and base units, solid wood worktops, inset sink and drainer, integrated dishwasher, integrated fridge freezer, integrated oven and microwave, feature island with base units and integrated induction hob, space for American style fridge freezer, plastered painted walls, tiled splash back, Solid Oak Herringbone flooring, roof latten.
Utility - 3.94m x 1.60m (1211' x 53') - UPVC double glazed door to side, utility area with a mix of eye level and base units, solid wood worktop, inset sink, space and plumbing for washing machine, space for tumble dryer, wall mounted radiator, roof latten.
Bedroom Three - 4.17m max x 2.77m min (138' max x 91' min) - UPVC double glazed windows to rear, plastered painted walls, wood panelling, Solid Oak Herringbone flooring, radiator
En-Suite Shower Room - En-suite shower room with low level w/c, wall mounted sink, walk in shower cubicle with raindrop shower and separate shower hose, tiled walls, tiled flooring
Bedroom Four - 4.19m x 4.04m (139' x 133' ) - UPVC double glazed window to rear, plastered painted walls, Solid Oak Herringbone flooring, radiator
Bedroom Five - 3.96m min x 2.87m max (13 min x 95' max) - UPVC double glazed window to rear, plastered painted walls, Solid Oak Herringbone flooring, radiator
Bathroom - Bathroom comprising of: low level w/c, vanity sink unit, oval freestanding bath, floor mounted freestanding mixer tap and shower hose, tiled walls, tiled flooring
Stairs - Wrought Iron staircase leading to the first floor
Gallery Area - Double glazed feature window to front, 4 x sky lights, plastered painted walls, original features to include steel beams and two internal windows
Bedroom Two - 5.94m max x 3.91m max (196' max x 1210' max) - UPVC double glazed window to side, plastered painted walls, original features to include steel beams, fitted carpet, radiator
En-Suite Shower Room - En-suite comprising of: low level w/c, vanity sink unit, walk in shower with raindrop shower and separate shower hose, tiled walls, tiled flooring
Bedroom One - 5.94m max x 3.91m max (196' max x 1210' max) - UPVC double glazed window to rear, plastered painted walls, Solid Oak Herringbone flooring, original features to include steel beams, radiator
En-Suite Shower Room - En-suite comprising of: low level w/c, vanity sink unit, walk in shower with raindrop shower and separate shower hose, tiled walls, tiled flooring
Stairs - Stairs leading to the walk-in wardrobe, fitted carpet to stairs, stainless steel & clamped glass Balustrade
Walk-In Wardrobes - 4.06m x 2.69m (134' x 810' ) - Plastered painted walls, fitted carpet, fitted wardrobes
Garden - 12.50m x 8.08m (410' x 266' ) - Rear garden boarded by a wall and wood panelled fencing, patio area leading from the kitchen / dining room, lawn, wooden outbuilding
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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