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£850,000 Offers in excess of
Bedrooms
Bathrooms
Hunters Hornchurch are delighted to offer for sale this charming detached cottage style house situated on the sought after and ever popular Exhibition Estate in Gidea Park.
The property comprises of: entrance hallway, cloakroom, reception room, fitted kitchen, utility room, dining room and garden room. To the first floor are three bedrooms with en-suite shower room to the main bedroom and further family bathroom.
Externally to the front is a driveway leading to the detached garage and garden with lawn. To the rear is a well stocked garden with patio area and lawn which is bordered by a mix of trees and shrubs. There is also a storage shed and summer house.
The property is situated in Gidea Park and is close to local shops, pubs, restaurants and amenities.
Gidea Park Primary School, St Peters Primary School and Rise Park Junior School are all within 0.8 miles.
Gidea Park Station (Elizabeth Line) is 0.8 miles.
Frontage - Front garden with pathway leading to front door, lawn bordered by a mix of tress and shrubs, shared driveway leading to garage at the rear
Entrance Hallway - Solid wood front door to front, 2 x double glazed wood framed windows to front, plastered painted walls, tiled flooring
Reception Room - 4.34m x 3.71m (143' x 122' ) - Wood framed double glazed windows to front, plastered painted walls, brick built feature fireplace, fitted carpet, radiator
Garden Room - 4.65m x 2.82m (153' x 93' ) - Wood framed single glazed windows and double doors to rear, plastered painted walls, fitted carpet, two radiators
Dining Room - 4.67m x 2.44m (154' x 80') - Wood framed double glazed windows and double doors to rear, wooden double glazed lantern window with fitted blinds to ceiling, plastered painted walls, tiled flooring, 2 x radiators
Kitchen - 4.34m x 3.18m (143' x 105' ) - Wood framed double glazed windows to front, solid wood fitted kitchen with a mix of eye level and base units, granite worktops, Butler sink with mixer taps, Aga oven, plastered painted walls with granite splash back, integrated dishwasher, integrated fridge / freezer, tiled flooring
Utility - Plastered painted walls, mix of eye level and base units, granite worktops, inset sink, space and plumbing for washing machine, space for fridge / freezer
Cloakroom - Low level w/c, vanity sink unit, plastered painted walls, tiled flooring
Bathroom - Wood framed double glazed windows to front, low level w/c, pedestal hand wash basin, wood panelled bath with shower mixer taps, plastered painted walls with wood panelling, Amtico flooring, heated towel rail
Stairs And Landing - Plastered painted walls, fitted carpet to stairs and landing
Bedroom One - 4.45m x 2.95m (147' x 98' ) - Wood framed double glazed windows to rear, plastered pained walls, fitted wardrobes, fitted carpet, radiator
En-Suite / Wet Room - Low level w/c, pedestal hand wash basin, walk in shower with large rainfall shower, wall mounted shower and hose, glass shower screen, part plastered painted walls, part tiled walls, tiled flooring, underfloor heating
Bedroom Two - 4.11m x 3.07m (136' x 101' ) - Wood framed double glazed windows to front,, and rear, plastered pained walls, fitted carpet, radiator
Bedroom Three - 3.53m x 3.05m (117' x 100' ) - Wood framed double glazed windows to front, plastered pained walls, feature fireplace, fitted carpet, radiator
Garden - 18.29m x 12.80m (600' x 420' ) - Beautifully kept rear garden outside tap and electric socket, with patio area, lawn bordered by a mix of trees and shrubs, storage shed and summer house
Summer House - 4.17m x 3.02m (138' x 911' ) - Wooden summer house with double doors and window to front and side, electrical sockets and electric strip light
Store - 3.61m x 1.83m (1110' x 60' ) - Wooden storage shed, electrical sockets and electric strip light
Garage - 5.54m x 2.39m (182' x 710' ) - Up and over door to front, electrical sockets and electric strip light
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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