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£1,795,000
Bedrooms
Bathrooms
Lux Homes are excited to offer this stunning five bedroom detached family home well presented and modern throughout. Externally we have the gated drive way and access to the double garage before we enter the home and are greeted with the impressive entrance hall. The ground floor benefits from a good sized lounge, living room into a beautiful orangery, then through to the beautiful kitchen/diner impressive in size as well as decoration. From the kitchen/diner we have another separate kitchen with integrated appliances and sink for those extra cooking needs. To the impressive rear garden that is a good size and well maintained we find an outdoor kitchen, lovely seating area and out building that can be used for a gym, cinema room or whatever your needs are. Back inside and to the first floor we have five well sized bedrooms, three having en suite shower rooms and the main family bathroom all decorated to an impressive standard. Furthermore the property benefits from a new built in vacuum system throughout the house. Potential is to be considered here as this home is ideal to increase the living space by extending into the loft S.T.P.P. Location is always key and being located in the popular Emerson Park area and close to the local train station with links to London either via the TFL route or C2C. Excellent local schools are close by and local shops mean everything is at your fingertips. This property has to be viewed to really appreciate all it has to offer. Call the Lux Homes sales team today to book your viewing appointment.
Tenure: Freehold
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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