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£625,000
Bedrooms
Bathrooms
College Avenue is one of the most popular turnings within North Grays and is a tree lined Avenue with character properties. This 4 double bedroom semi detached house is spacious and offers a welcoming entrance hall, 2 generous reception rooms, a beautiful fitted kitchen with an extensive range of units and quartz stone worktops. There is a family bathroom complemented by an en-suite and ground floor WC. Outside, this property has an independent drive to a garage and a 121 rear garden with a smart outbuilding.
GROUND FLOOR
ENTRANCE HALL 4.04m (133) max x 3.18m (105)
Entrance door & double glazed window to front. Polished tiled floor. Spindle balustrade on stairs to first floor. Radiator. Dado rail. Ornate coving to ceiling. Doors to rooms.
CLOAKROOM
Vanity unit with wash basin & close coupled WC. Radiator.
DINING ROOM 4.34m (143') max into bay x 3.96m (13)
Double glazed bay window to front. Laminate floor. Radiator. Ornate coving to ceiling. Double doors to Living Room.
KITCHEN/DINER 6.10m (20) x 3.10m (102')
Double glazed windows and door to rear garden. Sparkle ceramic tiled floor. Range of handle-less modern fitted units at both base and eye level with a larder wall incorporating 4 ovens and double door fridge freezer. Quartz-stone worktops with integrated carved sink unit & mixer tap. Oven with stylish hood over.
LIVING ROOM 6.92m (228') x 3.96m (13)
Double glazed patio doors and window to rear garden. Laminate floor. Decorative fireplace. Coving to ceiling. Wall lights.
FIRST FLOOR LANDING
Double glazed window to front. Storage cupboard. Doors to rooms.
BATHROOM
Opaque double glazed window to rear. Attractive tiled floor and ceramic tiled walls. White suite comprising panelled bath, pedestal wash basin and WC with concealed cistern. Separate shower enclosure. Ladder radiator. Spot lights.
BEDROOM 1 4.09m (135') x 3.96m (13)
Double glazed window to rear overlooking the garden. Laminate floor. Coving to ceiling. Radiator. Door to En-suite.
EN-SUITE
Ceramic tiled walls with a border tile and modern white suite comprising pedestal wash basin, close coupled WC and separate shower enclosure. Ladder radiator.
BEDROOM 2 3.96m (13) x 3.05m (10)
Double glazed bay window to front. Radiator. Ornate coving to ceiling. Fitted wardrobes.
BEDROOM 3 5.80m (19) x 2.50m (82')
A double aspect room with double glazed window to front & rear. Radiator. Laminate floor. Coving to ceiling.
BEDROOM 4 3.12m (103') x 2.34m (78') max
Double glazed window to front. Radiator. Laminate floor. Ornate coving to ceiling.
EXTERIOR
FRONT Situated in a lovely tree lined Avenue, this property has a low front wall and a block paved front garden with an independent drive to garage.
GARAGE 175 x 82. UP and over door to front. Personal door to Kitchen.
REAR The rear garden is approx. 121 in length commencing with a block paved patio. Remainder laid to lawn with fruit trees. A deck at the bottom is a great for entertaining and the outbuilding is situated to one side. Outbuilding 16 x 11 double glazed double doors. Power & light. Laminate floor. Inset lighting.
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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