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£2,200,000
Bedrooms
Bathrooms
''' Stunning ''' Lux homes are proud to bring to market this beautiful six bedroom detached family home. Located on one of the premier roads in Emerson Park the property certainly has curb appeal with gated driveway and a smooth rendered finish. Inside and to the ground floor we are greeted with a very grand entrance hall with stairs to the first floor and leading off to the five reception rooms including spacious lounge, exquisite dining room, separate sitting/tv room, gorgeous kitchen with own utility room, study and gym. Also access to large garage and ground floor WC. From the lounge we have access to the good sized well maintained garden mostly laid to lawn with patio area to relax on those lazy summer days or for entertaining with a family party/BBQ. To the first floor we have six double bedrooms five of which have en suite shower rooms and modern family bathroom taking modern family living to the next level. As well as being on a premier road in Emerson Park the property is within walking distance to Offsted rated outstanding schools, Train station and local shops. This property has to be viewed to truly realise all it has to offer so do not miss out 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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