4 bedroom detached for sale

£925,000

4

Bedrooms

2

Bathrooms

We have been favoured with instructions to offer for sale this deceptively spacious Four Bedroom Detached Property boasting a wealth of features set over two levels including impressive Entrance Hall with storage, Ground Floor Cloakroom, Lounge with separate Family Dining Room to rear with sliding patio doors overlooking Rear Garden, good size Utility Room, Four First Floor Bedrooms one with Ensuite Shower Room, Family Bathroom and W/C, Off Street Parking to front, being Extensively Double Glazed with Gas Central Heating together with a good sized Rear Garden. Being within access to Upminster Bridge District Line Station, Upminster C2C and District Line Station with schools for all ages, local shops and bus routes to neighbouring areas. An internal inspection of this property is thoroughly recommended to fully appreciate the accommodation on offer.

Double glazed obscure door with two obscure glazed side panels to front leading through to;

Hall: Walk in cloak cupboard, radiator, tiled floor, cupboard housing mega flow system and boiler

Ground Floor Cloakroom: Double glazed obscure window to front, white suite comprising of wash hand basin with central mixer tap with storage under, low level W/C, partially tiled walls and tiled floor, extractor, radiator

Lounge: Double glazed splay bay window to front, radiator, coved ceiling

Family Kitchen Room: Double glazed bi-fold doors to rear, skylight windows, tiled floor, two radiators, double glazed obscure door to side, inset spotlights to ceiling, Kitchen Area with single drainer stainless steel sink unit, storage areas, equipped with power and space for new kitchen to purchasers own waste

Utility Room: Double glazed obscure window to side, part bay obscure window to side, space for washing machine, tumble drier and fridge freezer, single drainer stainless steel sink unit, tiled floor, paneled bath, extractor

First Floor Landing: Storage cupboard, door leading through to;

Bedroom One: Double glazed splay bay window to front, radiator, coved ceiling, inset spotlights to ceiling

Bedroom Two: Double glazed window to rear, radiator, coved ceiling, inset spotlights

Bedroom Three: Double glazed window to front, radiator, a range of mirror fronted wardrobes to remain, inset spotlights

Ensuite Shower Room: Double glazed obscure window to front, glazed screen shower cubicle with off mains shower, wash hand basin with central mixer tap and pop up taste, cupboards under, low level W/C, partially tiled walls, tiled floor, extractor

Bedroom Four: Double glazed window to front, radiator, coved ceiling, inset spotlight

Bathroom: Double glazed obscure window to side, suite comprising paneled bath with mixer tap and shower attachment, contemporary wash hand basin with mixer tap and pop up waste with cupboards under, low level W/C, glazed screen shower cubicle with off mains shower, tiled walls and floor, heated towel rail, spotlights to ceiling, extractor

Exterior:

Front Garden: Shingled allowing for Off Street Parking with side access to;

Rear Garden: Commencing with patio area with remainder laid to lawn with mature trees and shrubs, 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

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  %

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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