3 bedroom end of terrace for sale

£450,000

3

Bedrooms

FULL DESCRIPTION Welcome to this charming 3-bedroom end-terrace house in the heart of Shoeburyness, offering an abundance of space and character. With two car spaces on the driveway, this property is ideal for families and professionals alike.

As you enter, youll find a spacious study, perfect for use as a home office or an additional bedroom. The kitchen boasts ample counter and cupboard space, seamlessly flowing into an open-plan dining room and lounge. The lounge features exposed brick, a fireplace, and exposed beams, giving the house a delightful cottage feel.

Adjacent to the kitchen is a practical laundry room with additional counter and cupboard space, as well as space for a fridge. This room also includes a small toilet for convenience.

The dining room opens up to a massive garden through French doors. At the end of the garden, youll find a large shed/workshop and an entertainment room, ideal for hobbies or hosting guests.

Upstairs, the property offers three generously sized bedrooms, each with built-in wardrobes and storage space. The main bathroom is equipped with both a shower and a bath. The master bedroom benefits from an en-suite shower room for added privacy.

This property is exceptionally energy-efficient, featuring solar panels to help reduce energy costs.

Location wise, you can take advantage of being a short walk from East Beach where you can meet friends and enjoy long walks along the stunning seafront, a 5 minute walk from the high street with local shops, cafes and pubs, easy access onto the A13, bus connections providing multiple routes and only a 10 minute walk from Shoeburyness station which is ideal for any commuters in the family.

Dont miss the opportunity to make this unique and spacious home yours. Arrange a viewing today to fully appreciate all it has to offer.

Tenure: Freehold
Council Tax Band: C

KITCHEN 12 9" x 15 9" (3.89m x 4.82m)

DINNING ROOM AND LOUNGE 23 7" x 12 8" (7.19m x 3.87m)

UTILITY ROOM 10 9" x 7 5" (3.28m x 2.27m)

STUDY 10 7" x 8 9" (3.23m x 2.67m)

LARGE WEST FACING GARDEN Approx 89ft

ENTERTAINMENT ROOM 17 0" x 11 4" (5.2m x 3.47m)

SHED/WORKSHOP 6 2" x 20 4" (1.9m x 6.2m)

BEDROOM 1 9 7" x 10 5" (2.94m x 3.19m)

BEDROOM 2 10 8" x 7 8" (3.26 m x 2.34m)

MASTER BEDROOM 10 10" x 16 5" (3.31m x 5.02m)

BATHROOM 6 6" x 9 0" (2m x 2.75m)

DOWNSTAIRS TOILET 4 0" x 2 7" (1.22m x 0.81m)

ENSUITE SHOWER ROOM 4 3" x 5 11" (1.32m x 1.82m)

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

£ 373950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 11250
  • 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

£ 36450
  • 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

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  • 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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