4 bedroom detached bungalow for sale

£950,000

4

Bedrooms

2

Bathrooms

Floorplan

We have been favoured with instructions to offer for sale this deceptively spacious Four/Five Bedroom Detached property boasting a wealth of features. Accommodation comprises of Two Reception Areas, Kitchen/Dining Room, Utility Room, Study and Ground Floor Cloakroom, Four First Floor Bedrooms and Family Bathroom with Principal Bedroom having Ensuite Shower Room. With impressive side plot with potential for further development subject to planning permission. Extensively Double Glazed, Gas Centrally Heated and being within access to local shops and Upminster Town Centre with C2C / District Line Station, with schools for all ages and bus routes to neighbouring areas. An internal inspection of this property is full recommended to fully appreciate the accommodation on offer.

Double glazed door to side leading to;

Impressive Entrance Hall: Double glazed arched window to side, coved ceiling, double glazed window to front, radiator, wood flooring, understairs storage cupboard, door leading to;

Lounge: Double glazed French style doors and window to side, two radiators, wood effect flooring, feature chimney with opening leading through to;

Kitchen/Dining Room: Double glazed bi-fold doors to rear overlooking the garden, a range of units at eye and base level with, complimentary work surfaces with inset single sink unit with mixer tap over, inset hob with extractor above and built in double oven/microwave, central island with storage under, bespoke attached dining table, wood effect flooring, inset spotlights to ceiling, utility cupboard, door to;

Utility Room: Double glazed obscure door to side, a range of units at eye and base level with space for tumble drier, washing machine, fridge freezer, extractor

Bedroom Five/Reception: Double glazed window to front, wood effect flooring, radiator

Study: Double glazed window to side, radiator

Ground Floor Cloakroom: Suite comprising of low level W/C, wash hand basin, extractor

First Floor Landing: Built in storage, airing cupboard, door leading to;

Bedroom One: Double glazed window to rear, radiator, a range of built in wardrobes to remain, door leading to;

Ensuite Shower Room: Double glazed skylight window to side, suite comprising of glazed screen shower cubicle with double head off mains shower, low level W/C, wash hand basin with mixer tap and pop up waste, heated towel rail, shaver point

Bedroom Two: Double glazed window to front, eaves storage, built in shelving, radiator

Bedroom Three: Double glazed window to side, radiator, inset spotlights to ceiling

Bedroom Four: Double glazed window to side, radiator, walk in wardrobe

Family Bathroom: Double glazed sash window to side, suite comprising of corner paneled bath with mixer tap and shower attachment, wash hand basin with mixer tap and pop up waste, low level W/C, shaver point, radiator

Exterior:

Front Garden: Paved allowing for Off Street Parking with remainder laid to lawn with personal side gate and own driveway to Garage with up and over doors

Rear Garden: Commencing with patio area with remainder laid to lawn with flowers and shrubs to borders, Summer House to remain, impressive side plot with huge potential for further development subject to planning permission

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

£ 775200

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
    £ 23750
  • 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

£ 62700
  • 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

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message