3 bedroom semi-detached for sale

£475,000 Guide Price

3

Bedrooms

Floorplan

FULL DESCRIPTION 'NEWLY BUILT' Nestled in a sought-after location, this beautifully presented three-bedroom semi-detached home offers modern living with excellent transport links. The property boasts a generous driveway with an electric charging point.

Upon entering, you are welcomed by a small entrance hall with a convenient WC. The spacious living room is bright and inviting, with stairs leading to the first floor and handy under-stairs storage. To the rear, the open-plan kitchen and dining area feature ample counter space, a built-in oven and hob, a dishwasher, and a washing machine. Additional storage includes a built-in fridge/freezer. French doors open onto the garden, which has a paved patio, a large lawn, and backs onto a scenic field. Side access leads to the front of the property.

Upstairs, the first floor comprises a versatile single bedroom-ideal as a study or childs room-a well-proportioned double bedroom, and a family bathroom with a bath/shower and ample storage. The spacious master bedroom benefits from an ensuite shower room. A hallway storage cupboard completes the upstairs.

Situated just a 7-minute drive from Benfleet Station, offering direct trains into London, and 9 minutes from Benfleet High Street, this fantastic home is perfect for families and commuters alike.

ENTRANCE HALL 3 4" x 7 0" (1.02m x 2.14m)

WC 2 9" x 5 9" (0.84m x 1.77m)

LOUNGE 14 5" x 16 1" (4.4m x 4.92m)

STORAGE UNDER THE STAIRS 2 7" x 7 7" (0.81m x 2.32m)

KITCHEN & DINER 14 4" x 17 10" (4.39m x 5.46m)

HALLWAY 6 3" x 17 9" (1.93m x 5.42m)

MASTER BEDROOM 14 5" x 11 3" (4.4m x 3.43m)

ENSUITE 2 10" x 7 9" (0.87m x 2.37m)

BATHROOM 7 10" x 6 2" (2.39m x 1.89m)

BEDROOM 1 7 7" x 16 2" (2.33m x 4.93m)

BEDROOM 2 6 7" x 11 6" (2.02m x 3.51m)

STORAGE 2 11" x 3 10" (0.9m x 1.18m)

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

£ 394575

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
    £ 11875
  • 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

£ 38325
  • 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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