6 bedroom detached for sale

£2,250,000 Guide Price

6

Bedrooms

5

Bathrooms

Floorplan

''' Guide Price - 2,250,000 - 2,350,000''' Lux Homes are honoured to bring to the market this luxurious detached six double bedroom detached family home situated on Parkstone Avenue in the highly sought after Emerson Park. Offering spacious living space in addition to being beautifully presented and tastefully decorated by the current owners makes this property a perfect purchase for the ever-growing family.

As we enter the property, we are greeted with a spacious hallway which leads us to the large show stopping family room which is placed towards the left of the property allowing for peaceful views over the garden via the French Doors, which has been designed in a neutral cream colour palette creating a cosy feel throughout. Continuing back through the hallway we are presented with a large formal dining room, allowing for those formal mealtimes at special celebration occasions with family and friends. At the heart of the property lies the kitchen. The kitchen is Clive Christian and is a classic Oak wood finish with complimentary granite worktops to match, with Oak coloured storage cupboards, finished with silver accents. There is also a seating area perfect for those evening meals, thus in turn creating an incredibly welcoming area to host family meals and take in the views over the garden via the bi fold doors after our working day. Leading from the reception we are greeted a utility area, finished with the same colour scheme, fitted with built in appliances and an abundance of storage. The garage is accessible from the utility room which is used for storage by the current owners. Heading back to the hallway we have a modern downstairs WC which you will find next to the utility room and storage area to complete the ground floor.

Taking the stairs to the first floor, we enter a generous landing, leading to six double bedrooms. All bedrooms have an ample amount of storage space and two of the bedrooms include private en suites. Also having breathtaking views over the garden creating a lovely back drop to wake up to each morning.

Externally the property offers a large private rear garden which is paved and turfed beautifully, being the perfect setting for entertaining friends and family alike during those warm summer evenings and BBQS. To the front of the property, we have a in and out driveway for numerous cars.
The property is not at its full footprint, as it allows for an extension to the rear of the property and into the loft space S.T.P.P.

Location is always key, and this property does not falter, with easy access to Hornchurch town centre with its bustling high street and plethora of shops, restaurants, pubs and coffee shops, you have everything you could possibly need at your fingertips! Parkstone Avenue is ideally located for Nelmes Primary School which currently boasts an outstanding Ofsted rating, Emerson Park Academy and The Campion school. All in all, this property must be seen to appreciate all that is on offer.

Call the Lux Homes sales team today to book a viewing appointment!

Tenure: Freehold



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

£ 1927700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 56250
  • 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

Adjust these figures

£

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

£ 240200
  • 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

£

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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