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£650,000 Guide Price
Bedrooms
Bathrooms
Guide Price: 650,000-675,000. This imposing four bedroomed detached house offers spacious accommodation over three floors and is situated in a sought after location close to local schools, Lakeside Shopping Centre and Chafford Hundred station. The property requires a degree of modernisation and is offered with no onward chain.
ENTRANCE HALL
Coved and textured ceiling, access to first floor,
radiator, tiled floor.
GROUND FLOOR CLOAKROOM
Suite comprising pedestal wash hand basin and low
flush toilet, partly tiled walls.
LOUNGE
176 x 112 (5.18m1.83m x 3.35m0.61m)
Double glazed window, coved and textured ceiling,
feature fireplace, radiator, fitted carpet.
DINING/SITTING ROOM
149 x 85 (4.27m2.74m x 2.44m1.52m)
Double glazed window, coved and textured ceiling (in
need of repair), radiator, fitted carpet.
KITCHEN/BREAKFAST ROOM
24 x 138 reducing to 88 (7.32m x 3.96m2.44m
reducing to 2.44m2.44m)
Double glazed window and double glazed French
doors lead to rear garden, textured ceiling, range of
base and eye level units with contrasting work
surfaces, inset single drainer sink unit, integrated
double oven, hob and concealed extractor, two
radiators, tiled floor.
UTILITY ROOM
78 x 47 (2.13m2.44m x 1.22m2.13m)
Double glazed window and half double glazed door,
work surface with appliance spaces beneath, eye level
cupboard, partly tiled walls, tiled floor.
FIRST FLOOR LANDING
Double glazed window, textured ceiling, access to
second floor, radiator, fitted carpet.
BEDROOM ONE
126 x 114 (3.66m1.83m x 3.35m1.22m)
Double glazed window, textured ceiling, radiator, fitted
carpet.
DRESSING ROOM
92 x 67 (2.74m0.61m x 1.83m2.13m)
Textured ceiling, fitted carpet.
EN SUITE
Opaque double glazed window, suite comprising
shower cubicle, pedestal wash hand basin and low
flush toilet.
BEDROOM THREE
115 x 99 (3.35m1.52m x 2.74m2.74m)
Double glazed window, textured ceiling, radiator,
fitted carpet.
BEDROOM FOUR
93 x 86 (2.74m0.91m x 2.44m1.83m)
Double glazed window, textured ceiling, radiator,
fitted carpet.
FAMILY BATHROOM
95 x 78 (2.74m1.52m x 2.13m2.44m)
Opaque double glazed window, textured ceiling,
extractor fan, suite comprising bath, pedestal wash
hand basin, low flush toilet and shower cubicle, vinyl
flooring.
SECOND FLOOR LANDING
Double glazed Velux style window, textured ceiling,
fitted carpet.
BEDROOM TWO
169 x 126 (4.88m2.74m x 3.66m1.83m)
Two double glazed windows, textured ceiling, eaves
storage cupboard, radiator, fitted carpet.
SHOWER ROOM
Opaque double glazed window, textured ceiling,
extractor fan, suite comprising shower cubicle, wash
hand basin and low flush toilet, radiator.
REAR GARDEN
in excess of 35 x in excess of 45 (in excess of
10.67m x in excess of 13.72m)
Laid with brick paving and patio. Personal door to:
DOUBLE GARAGE
With power and light. Approached via own driveway
providing off road parking for four vehicles.
FRONT GARDEN
Brick paved.
Map location is not available for this property.
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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