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£400,000 Guide Price
Bedrooms
Bathrooms
Are you looking for a charming three-bedroom home in South Ockendon that offers modern features and a great location? Look no further! This Wimpey-built property on Foyle Drive is sure to impress.
Featuring Wimpeys renowned no-fines construction, this house offers both durability and character. Step inside to find a tastefully designed modern kitchen and dining area, perfect for family meals or entertaining guests. The open-concept layout creates a seamless flow, making it easy to move from the kitchen to the dining area.
Convenience is key in this property, as it boasts a downstairs W.C., eliminating the need to climb stairs for quick visits. The elegant living room provides a cosy space to relax and unwind, while the rear garden offers ample room for outdoor activities or simply enjoying some fresh air.
Parking will never be an issue with the driveway and garage, providing secure storage space for your vehicle and additional belongings.
Location-wise, this property truly excels. South Ockendon is known for its abundance of local parks and amenities, making it an ideal choice for families or those who enjoy outdoor pursuits. Take leisurely strolls or engage in various activities at a nearby park - the choice is yours. With local shops, schools, and other essentials within easy reach, everything you need is at your fingertips.
Council Tax Band C ensures that property taxes are reasonable, while the EPC Rating C indicates the propertys energy efficiency. This means you can enjoy comfort and affordability throughout the year, without compromising on quality.
Dont miss out on your chance to own this wonderful home in a sought-after location. Contact us today to arrange a viewing and see for yourself why this property on Foyle Drive is the ideal place to call home.
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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