3 bedroom semi-detached for sale

£425,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Welcome to this beautifully presented three-bedroom semi-detached home in Myrtle Grove, Aveley.

As you step through the front door, youll be greeted by a bright and welcoming entrance hallway, setting the tone for the rest of the property. The house features a brick-built construction, ensuring durability and quality for years to come.

One of the standout features of this property is the modern kitchen, complete with ample storage space for all your cooking essentials. The utility area is a fantastic addition, providing convenience and practicality.

The house also boasts a downstairs W.C, offering convenience for both residents and guests.

Upstairs, youll find three well-proportioned bedrooms, all ideal for both restful nights or potential for a home office. The modern bathroom is designed with comfort and style in mind, creating a tranquil space to unwind after a long day.

If outdoor living appeals to you, youll love the private rear garden, complete with a patio area. Its the perfect spot for hosting barbecues, enjoying a morning coffee, or simply basking in the sunshine on a lazy weekend afternoon.

In addition, this property comes with a driveway, offering ample parking for you and your family.

The location of this house is truly exceptional. With easy access to local schools, shops, and transport links, youll find everything you need within a short distance. Whether its commuting to work, doing the school run, or popping to the local shops, convenience will be at your doorstep.

Council Tax Band C means that you will enjoy reasonable property tax rates. The EPC rating of C ensures that youll have an energy-efficient home, helping you to reduce your carbon footprint and save on energy bills.

Dont miss out on this incredible opportunity to own a beautiful 3 bedroom semi-detached house in Myrtle Grove, Aveley. Contact us today to arrange a viewing and make this house your forever home.



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

£ 353325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 10625
  • 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

£ 34575
  • 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

Adjust these figures

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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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