4 bedroom semi-detached for sale

£550,000 Offers over

4

Bedrooms

1

Bathrooms

Floorplan

Does your family need more space? If so, this fabulous 4 bedroom extended family home could be perfect for you. With spacious rooms throughout, plus a large loft room and a beautiful back garden, this home is ideal for any family.
As you enter the home, youre met with a very light hallway and this leads to both the living room and the kitchen/diner. The living room can easily fit 2 large sofas as well as having extra space for toy storage if you have young children. This room flows nicely into the dining room which overlooks the back garden and offers an intimate setting for family meals or formal gatherings.
The kitchen/diner also overlooks the back garden and is fitted with plenty of eye level and base level storage cupboards. There is a fitted hob with under oven/grill along with space for a washing machine and fridge/freezer. A dining table and chairs fit neatly at the far end of the room and the French doors to the garden flood the kitchen with natural light.
Upstairs, the bedrooms are all great sizes with the largest bedroom at the front of the house. Bedrooms 2 and 3 are also double bedrooms and all three of these bedrooms have lots of space for wardrobes. Bedroom 4 is a great size for a childs room or even as a home office if preferred. The family bathroom offers a three piece suite with a fitted shower above the bath.
There is a large loft room accessed by a drop down ladder that with the required planning permissions could be made into an extra bedroom, a play room or kept as it is now for extra storage.
If you enjoy gardening or if you have children that love to be outside, the garden is a beautiful place. It starts with a paved patio that leads to the superbly maintained lawn with flower and shrub borders. There is an additional patio area which is ideal for a BBQ and outdoor dining set. At the front of the home, there is off street parking.

Living Room: 226 x 13Dining Room: 95 x 9Kitchen/Diner: 1710 x 95 > 710Bedroom 1: 111 x 11Bedroom 2: 11 x 92Bedroom 3: 1410 > 94 x 95Bedroom 4: 81 x 73Family Bathroom/WCLoft Room: 15 x 10Rear Garden 80 approx Off Street Parking
Near to:Lawns Park - 0.6 milesParklands Primary School - 0.4 miles - Crownfield Primary School - 0.8 miles - Romford Rail Station - Elizabeth Line - 1.9 milesHainault Underground Station - Central Line - 4.6 miles


Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 456450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 43950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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