4 bedroom detached for sale

£925,000

4

Bedrooms

2

Bathrooms

Floorplan

Guide Price 925,000 - 950,000 We have been favoured with instructions to offer for sale this deceptively spacious Four Bedroom Detached Property in an enviable position within access to Upminster Town Centre with C2C and District Line Station, local shops, schools and buses to neighbouring areas available. This well presented property has many saleable features including spacious Hallway, Ground Floor Cloakroom, Lounge, Open-plan Kitchen/Diner and Sitting Room, Utility Room, Four First Floor Bedrooms, Family Bathroom and separate Shower Room, Garage from own drive. The generous and well kept L Shaped Rear Garden completes the fine features.

Leaded light door to front leading to;

Enclosed Porch Entrance: Hardwood leaded light door and windows leading to;

Hallway: Stairs to first floor, ceramic tiled floor, coved ceiling and door leading to;

Ground Floor Cloakroom: Suite comprising of low level WC and wash hand basin

Lounge: Double glazed leaded light splay bay window to front, feature fire surround with coal effect fire, wood flooring, picture rail, coved ceiling, radiator

Sitting Room: Ceramic tiled flooring, feature fire surround with log burner and slate hearth, opening leading to;

Kitchen/ Diner: Two sets of French style doors overlooking rear garden, ceramic tiled floor, two skylight windows, range of units at eye and base level with granite effect work surfaces, central island with storage under, breakfast bar, complimentary work surfaces, radiator, single bowl sink unit with mixer tap over, Range style cooker with splash back and canopy extractor over, glazed display, integrated dishwasher, space for American Style Fridge Freezer, inset spotlights to ceiling

Utility Room: Double glazed door to rear, range of units at eye and base level, wall mounted boiler, space for washing machine and tumble dryer, roll top work surfaces, ceramic tiled flooring

First Floor Landing: Access to loft Study area with skylight window and power and light

Bedroom One: Double glazed splay bay leaded light window to front, radiator, a range of built in wardrobes to remain

Bedroom Two: Double glazed leaded light window to front, a range of wardrobes and desk area with storage and cupboards over

Bedroom Three: Double glazed window to rear, radiator, a range of built in wardrobes, picture rail, coved ceiling

Bedroom Four: Double glazed leaded light window to front, radiator, a range of freestanding wardrobes to remain, picture rail, coved ceiling

Bathroom: Double glazed obscure window to rear, suite comprising of paneled bath with central mixer tap, off mains shower over with double head shower, wash hand basin, mixer tap and pop up waste, cupboards under, low level WC, radiator, tiled walls and floor

Shower Room: Double glazed window to rear, suite comprising of glazed screen walk in screen cubicle with off mains shower, wash hand basin with mixer tap and pop up waste, cupboards under, low level WC, partially tiled walls, radiator, heated towel rail, inset spotlights to ceiling

Exterior:

Front Garden: Paved allowing for Off Street Parking for several vehicles and own driveway to Garage

Rear Garden: Commencing with patio area, remainder laid to extensive lawn with Cabin and two sheds to remain

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

£ 765825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 23125
  • 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

£ 72075
  • 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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