3 bedroom semi-detached for sale

£500,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

'' KINGS GROUP HARLOW ARE DELIGHTED TO OFFER THIS IMMACULATLEY PRESENTED, CHAIN FREE, THREE BEDROOM SEMI-DETACHED HOUSE FOR SALE, IN THE SOUGHT AFTER CUL-DE-SAC LOCATION OF FINCHMOOR, HARLOW ''

Exclusive to Kings Group for sale in the popular area of Finchmoor. This spacious property has huge potential for further extension (STPP) and would make the perfect family forever home, ideal for first time buyers and Home Movers looking to upsize. Situated in a quiet cul-de-sac the property feels secluded but is still within easy reach of the local amenities. The property is just a 6 minute walk from Staple Tye Shopping Centre where you will find a supermarket, variety of takeaway restaurants, pharmacy, salons and also the Lister medical center as well as a 7 minute walk from Abbotsweld Primary School and 12 minute walk from Stewards Academy.

The property comprises of spacious entrance hallway, reception room, lounge/diner, large kitchen/diner with breakfast bar and integrated appliances, utility room, downstairs toilet and modern shower room, the garage is insulated and has power, is currently being used as an office with a laundry room to rear with access to rear garden. The first floor comprises of three double bedrooms and a family bathroom with three piece suite. Externally the property further benefits from a spacious rear garden with brick built shed and a driveway for four plus vehicles. The property also has potential for further extensions (STPP).

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

Entrance Hallway - 3.05m x 3.05m (1080 x 1075) - Double glazed window to front aspect, coved ceiling, laminate flooring, power points

Lounge - 7.62m x 3.05m (2571 x 1045) - Double glazed bay window to front aspect, double glazed patio doors to rear aspect leading to rear garden, coved ceiling, double radiator, laminate flooring, phone point, TV aerial point, power points

Second Reception Room - 3.66m x 2.44m (1288 x 855) - Double glazed bay window to front aspect, coved ceiling, double radiator, laminate flooring, power points

Kitchen / Diner - 7.01m x 4.17m (2330 x 1308) - Double glazed windows to rear aspect, double radiator, oak flooring, tiled splash backs, a range of base and wall units with granite effect roll top work surfaces, integrated cooker with gas hob, extractor hood, integrated dishwasher, coved ceiling, double glazed door leading to rear garden, power points

Utility Room - 2.44m x 2.13m (827 x 793 ) - Double glazed window to rear aspect, double glazed door leading to rear garden, tiled splash backs, tiled flooring, coved ceiling, washing machine, space for fridge/freezer, power points

Downstairs Shower Room - 2.69m x 2.08m (810 x 610) - Spotlights, tiled walls, tiled flooring, heated towel rail, extractor fan, thermostatically controlled walk in shower, wash basin with mixer tap, low level WC

Garage Conversion - 7.01m x 3.96m (2320 x 1351) - Own front door, insulated, carpeted, power points, laundry room to rear, plumbing for washing machine, double glazed door to rear aspect leading to garden, boiler

First Floor Landing - 2.74m x 1.52m (932 x 585 ) - Carpeted, double radiator

Family Bathroom - 2.44m x 1.52m (814 x 592) - Double glazed opaque window to rear aspect, tiled walls, tiled flooring, heated towel rail, low level WC, wash basin with mixer tap and vanity under unit, panel enclosed corner bath with shower attachment

Master Bedroom - 5.59m x 3.66m (1804 x 1228 ) - Double glazed windows to front and side aspect, coved ceiling, double radiator, part tiled part laminate flooring, TV aerial point, power points

Bedroom Two - 3.66m x 3.05m (1299 x 1085) - Double glazed window to rear aspect, coved ceiling, built in wardrobes, double radiator, carpeted, TV aerial point, power points

Bedroom Three - 3.35m x 3.05m (1183 x 1047 ) - Double glazed window to front aspect, coved ceiling, built in wardrobes, carpeted, TV aerial point, 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

£ 415200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 12500
  • 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

£ 40200
  • 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

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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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