5 bedroom detached for sale

£640,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Welcome to your dream home on Juniper Drive, Brandon Groves South Ockendon. This stunning 5 bedroom detached house is sure to impress with its exceptional features and modern design. Offering a spacious and comfortable living space, this property is perfect for families or those seeking a versatile and stylish home.

Upon entering, you will be greeted by a bright and airy atmosphere, with large windows allowing plenty of natural light to fill the rooms. The ground floor encompasses two reception rooms, providing versatile spaces that can be transformed to suit your needs. Whether you prefer a formal dining area, a home office, or a family room, these rooms offer endless possibilities.

The heart of the home is the modern kitchen and breakfast room. This space is perfect for preparing delicious meals or hosting gatherings. The open-plan layout creates a seamless flow between the kitchen and the dining area, ideal for entertaining guests.

The property boasts five generously sized bedrooms, offering ample space for your family and guests. Each bedroom is elegantly designed and features large windows, allowing natural light to flood in. Bedroom 1 is a true sanctuary, complete with an en-suite bathroom for added privacy and convenience. The remaining bedrooms share a well-appointed family bathroom, ensuring everyones needs are met.

One of the standout features of this property is the detached cabin and garage conversion. This space can be used as a hobby room, home gym, or even an extra bedroom - the choice is yours. The versatility of this additional dwelling provides endless possibilities for creating your ideal living space.

A private driveway ensures ample parking for you and your guests. The bright and airy conservatory adds an extra touch of luxury, creating the perfect spot for relaxation and enjoying the views of the well-maintained garden.

Conveniently located in South Ockendon, this property benefits from a range of nearby amenities, including schools, shops, and transport links. With easy access to major road systems, commuting to nearby towns and cities is a breeze.

Dont miss the opportunity to make this exceptional property your own. With no onward chain and a Council Tax Band F, this house is ready for you to move in and make it a home. Call now to arrange a viewing before its too late!



Features
  • Freehold

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

£ 530700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16000
  • 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

£ 50700
  • 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

Adjust these figures

  %

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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