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£550,000 Guide Price
Bedrooms
Bathrooms
Discover a wonderful family home in the sought-after location of South Ockendon. This spacious end-of-terrace brick built house is perfect for those seeking ample space, excellent amenities, and a convenient location. With five generously sized bedrooms, including one with an en-suite bathroom, this property offers space and comfort for the whole family.
Situated over three levels, this house provides a versatile layout that caters to various living arrangements. The open-plan kitchen and living room creates a modern and sociable space, perfect for family gatherings and entertaining guests. The kitchen is well-appointed with all the necessary appliances and offers ample storage space for all your culinary needs.
Convenience is key, and this property includes a downstairs cloakroom, eliminating the need to climb stairs for a quick visit. The two additional well-appointed bathrooms further enhance functionality and ensure that there is no waiting time during the morning rush.
One of the standout features of this house is the presence of solar panels, a sustainable addition that helps reduce energy costs while being environmentally friendly. Embrace sustainability and enjoy lower utility bills with this eco-conscious feature.
Parking will never be an issue with space for two cars available, meaning no more struggles to find a parking spot on busy streets. This provides peace of mind and convenience for households with multiple vehicles.
Location is key, and this property certainly doesnt disappoint. Situated just 0.4 miles from Ockendon Station, commuting to London or other nearby towns becomes effortless. The excellent transport links make it perfect for professionals seeking an easy commute or families needing easy access to nearby schools, shops, and other amenities.
The property falls within Council Tax Band E, ensuring competitive rates within the area. This is an added advantage for potential buyers seeking affordability combined with great value for money.
Dont miss the opportunity to make this spacious five-bedroom house your next family home. With its sought-after location, versatile layout, and energy-efficient features, this property checks all the boxes for comfortable family living. Schedule a viewing and discover the endless possibilities this house has to offer.
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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