4 bedroom detached for sale

£888,850

4

Bedrooms

FULL DESCRIPTION Welcome to this expansive 4-bedroom house in the desirable area of Shoeburyness. This impressive property features a large annex at the back, perfect for versatile living options.

As you enter, youre greeted by a split-level living room that offers a generous space for relaxation and entertaining. Adjoining this is a spacious dining room with French doors that open onto the garden, creating a seamless indoor-outdoor flow. The ground floor also includes a well-appointed kitchen, complete with an annex that once served as a self-contained 1-bedroom flat.A convenient W/C is also located on the ground floor.

The highlight of the first floor is the large master bedroom, which benefits from an attached shower room. Additionally, there is a smaller double bedroom with built-in wardrobes, the second bedroom is substantial with a huge ensuite, featuring eve storage,a shower and accommodates perfect space for guest comfort.

The first floor provides loft access, presenting an opportunity for conversion into an additional bedroom. Outside, the property offers a garage at the rear, with an adjacent parking spot. At the front, there is both on-road parking and a driveway accommodating up to two cars.

Situated just an 18-minute walk from Shoeburyness station on the C2C line, offering direct routes to London, a 17-minute walk from Shoeburyness High Street, and a 10-minute walk to Shoebury Common Beach this property perfectly balances convenience and comfort.


LIVING ROOM 16 4" x 26 3" (5m x 8.01m)

ENTRANCE HALL 6 0" x 17 7" (1.84m x 5.38m)

DINING ROOM 11 9" x 14 4" (3.59m x 4.39m)

RECEPTION ROOM 10 4" x 13 10" (3.16m x 4.24m)

DOWNSTAIRS TOILET 4 4" x 4 0" (1.33m x 1.22m)

KITCHEN/ DINING ROOM 10 3" x 10 9" (3.13m x 3.3m)

KITCHEN 5 2" x 11 6" (1.6m x 3.51m)

ANNEX ROOM 1 5 4" x 7 7" (1.65m x 2.33m)

ANNEX ROOM 2 12 8" x 13 4" (3.87m x 4.07m)

ANNEX ROOM 3 12 6" x 18 3" (3.83m x 5.58m)

MAIN BATHROOM 5 11" x 8 5" (1.82m x 2.57m)

HALLWAY 10 5" x 7 8" (3.18m x 2.35m)

MASTER BEDROOM 16 5" x 16 5" (5.01m x 5.02m)

BEDROOM 1 7 11" x 10 9" (2.43m x 3.3m)

BEDROOM 2 11 11" x 12 10" (3.65m x 3.93m)

ENSUITE 13 11" x 11 1" (4.26m x 3.4m)

ENSUITE SHOWER ROOM 7 10" x 2 11" (2.39m x 0.89m)

GARAGE 9 11" x 15 4" (3.04m x 4.69m)

LOFT 22 2" x 11 11" (6.78m x 3.64m)

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

£ 736001.25

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
    £ 22221.25
  • 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

£ 69363.75
  • 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

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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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