4 bedroom semi-detached for sale

£950,000 Guide Price

4

Bedrooms

2

Bathrooms

Guide Price: 950,000 - 975,000

Occupying an impressive plot and being located in one of Upminsters most sought after residential turnings, we have been favoured with instructions to offer for sale this Three Bedroom Halls Adjoining Semi Detached Family Home. Providing versatile and spacious living accommodation with the added feature of additional Ground Floor accommodation currently used as a One Bedroom Annexe which offers Bedroom, Dressing Room and contemporary style Shower room/W.C. The main house boasts a wealth of fine features including generous size Lounge, Dining Room, Fitted Kitchen and separate Utility Room. To the First Floor there are Three equally generous size Bedrooms served by a Family Bathroom and separate W/C. All this plus Extensive Double Glazing, Gas Central Heating, Off Street Parking with Own Drive to Garage. Situated close to Parklands Open space yet still within access to Upminster Town Centre and C2C and District Line Station plus local shops and schools for all ages, means an inspection is thoroughly recommended and indeed essential, in order to fully appreciate the scale and continued potential of the accommodation on offer.

Period Style hardwood door with lead light insets and complimentary side panel to;

Hall: Dog leg stair case to first floor, picture rail, radiator, further wall mounted fan radiator, cloaks/storage cupboard, further storage cupboard with obscure lead light window to flank aspect, doors to;

Cloakroom/W/C: Obscure double glazed lead light feature window to flank, suite comprising of low level W/C with wall mounted wash hand basin, part paneling and complimentary tiling to walls

Dining/Sitting Room: Six lead light bay window with coloured transoms over to front aspect, two obscure glazed lead light coloured feature windows to flank aspect, feature fireplace with complimentary hearth and gas fire, radiator, paneling to ceiling

Lounge/Sitting Room: Double glazed sliding patio doors to rear aspect overlooking and leading to rear garden, clay gate feature fireplace with complimentary tiled heath, beam effect to walls and ceiling incorporating plaque display rail, two radiators, door to Breakfast Room

Fitted Kitchen: Obscure double glazed lead light window to flank aspect, fitted with a range of units with work surfaces incorporating sink unit, integrated oven with separate four ring gas hob with extractor canopy over, space for appliances, inset spotlights and coved cornicing to ceiling, complimentary tiling to walls and floor, archway to;

Lobby Area: Obscure lead light door and complimentary side panel leading to driveway, obscure double glazed lead light window to front aspect, fitted storage cupboard and shelving, complimentary tiling to floor

Breakfast Room: Double glazed door and complimentary side panel to flank aspect leading to rear garden, access to loft storage space, covered radiator, open to Inner Hallway and archway to;

Inner Hallway:

Leading to annexe accommodation: Obscure double glazed lead light window to flank aspect, radiator, coved cornicing and inset spotlights to ceiling

Utility Room/Kitchen: Obscure double glazed lead light window to flank aspect, wall mounted gas boiler, roll top work surfaces incorporating sink unit with storage below, space for appliances

Dressing Room: Double glazed window to flank aspect overlooking rear garden, radiator, range of fitted wardrobes providing hanging and storage space to one wall, door to

Shower Room/W/C: Obscure double glazed window to flank aspect, suite comprising of W/C with concealed cistern, oversized walk-in shower featuring dual head shower attachment and wall mounted seat, wash hand basin inset into vanity unit, complimentary tiling to walls, heated towel rail

Bedroom: Double glazed window to flank aspect, radiator, double glazed French doors to rear aspect overlooking and leading to rear garden, coved cornicing to ceiling

First Floor Half Landing: Obscure double glazed lead light feature window to flank aspect, radiator, stairs continue to;

First Floor: Picture rail, doors to;

Bedroom One: Double glazed lead light window with coloured lead light transoms above to front aspect, picture rail, radiator, range of storage/display shelving

Bedroom Two: Double glazed window to rear aspect, fitted wardrobes providing hanging and storage space with accompanying display shelving to one wall, coved corning to ceiling, inset spotlights

Bedroom Three: Double glazed lead light oriel style bay window to front aspect with lead light coloured transoms over, picture rail, radiator

Separate W/C: Obscure glazed louvre window to flank aspect, suite comprising of low level W/C, coved cornicing to ceiling, storage cupboard housing hot water tank, storage shelves over

Bathroom: Obscure double glazed window to rear aspect, two further obscure double glazed windows to flank aspect, radiator, suite comprising of paneled bath with mixer tap and shower attachment, wash hand basin set into work surfaces, complimentary tiling to walls, coved cornicing to ceiling, extractor fan

Exterior:

Front Garden: Mainly paved to provide hard standing partly retained by ornamental wall and own drive leading to Garage with double opening doors

Rear Garden: Commencing with paved patio area with remainder being laid to lawn with greenhouse, separate summer house/storage shed, doors to Breakfast Room, Garage and annexe Bedroom



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

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£

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

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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

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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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