3 bedroom semi-detached for sale

£490,000 Offers in excess of

3

Bedrooms

1

Bathrooms

Floorplan

'' KINGS GROUP HARLOW ARE DELIGHTED TO OFFER THIS IMMACULATLEY PRESENTED THREE BEDROOM, SEMI-DETACHED HOUSE FOR SALE IN THE SOUGHT AFTER LOCATION OF DEER PARK, HARLOW ''

Exclusive to Kings Group - This three bedroom semi-detached house is for sale located in the very popular Parks area of Harlow, Deer Park. This property is situated on a large corner plot with huge potential to extend further STPP. In our opinion this property would make the perfect family forever home due to its desirable location, size and potential. The property is less than 10 minutes walk to Jerounds Primary Academy and a 20 minute walk to Stewards Academy giving you great schooling for children. The property is also less than 30 minutes walk or 10 minutes drive to Harlow Town Centre where you will find 24-hour supermarket, variety of popular restaurants, range of high street shops and choice of affordable gyms.

The extended property comprises of front porch, spacious entrance hall, lounge / diner, kitchen, large rear extension being utilized as a dining room, downstairs cloakroom, the first floor comprises of spacious landing leading to three bedrooms all with fitted storage, first floor family bathroom with modern three piece suite and thermostacilly controlled shower over the bath, good sized front and rear gardens, with seperate decked BBQ area, insulated outbuilding which could be used as an office or a gym, driveway for two cars, garage and a workshop.

To avoid disappointment please call us now to arrange your viewing on .

Entrance Hallway - 5.02 x 1.86 (165' x 61') - Stairs leading to first floor landing, double glazed window to side aspect, double radiator, carpeted, smoke alarm

Downstairs Wc - 1.82 x 0.79 (511' x 27') - Double glazed opaque window to side aspect, tiled flooring, wash basin with vanity under unit, low level WC, tiled walls

Lounge/Diner - 8.86 x 5.85 (290' x 192') - Double glazed bay window to front aspect, double radiator, carpeted, open style fireplace with wrought iron surround, phone point, TV aerial point, power points, coved ceiling, double doors leading to hallway, double doors leading to dining room

Kitchen - 3.42 x 3.22 (112' x 106') - Double glazed window to side aspect, door leading to lounge, door leading to dining room, tiled flooring, tiled splash backs, range of base and wall units with roll top granite effect work surfaces, integrated electric oven, integrated gas hob, extractor hood, drainer unit, integrated fridge, integrated washing machine, integrated dish washer, spotlights, power points

Dining Room - 5.60 x 4.12 (184' x 136') - Double glazed window to side aspect, double glazed door to side aspect, double glazed French doors to rear aspect, velux window, double radiator, laminate flooring, spotlights, power points

Family Bathroom - 2.24 x 1.83 (74' x 60') - Double glazed opaque window to rear aspect, heated towel rail, tiled flooring, extractor fan, panel enclosed bath with thermostatically controlled shower over bath, wash basin with vanity under unit, low level WC, shaver point, tiled walls, spotlights

Master Bedroom - 4.12 x 3.21 (136' x 106') - Double glazed window to front aspect, double radiator, carpeted, fitted wardrobes, power points

Bedroom Two - 3.27 x 3.21 (108' x 106') - Double glazed window to rear aspect, double radiator, carpeted, built in storage cupboard, power points

Bedroom Three - 3.07 x 2.24 (100' x 74') - Double glazed window to front aspect, single radiator, carpeted, built in storage cupboard, power points



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

£ 406950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 12250
  • 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

£ 39450
  • 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)
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  • Letting Fee
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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