3 bedroom semi-detached for sale

£800,000

3

Bedrooms

1

Bathrooms

Floorplan

Situated in one of Upminsters premier turnings South of the Station is this Three Bedroom Tudor Style property boasting a well of features set over two levels including spacious Entrance Hall, Two Reception Rooms, Conservatory, Fitted Kitchen, Three First Floor Bedrooms and Bath/Shower room W/C. Off Street Parking to front, own driveway to Garage, well presented and maintained Rear Garden and being within access to Upminster Town Centre with C2C and District Line Station, local shops and schools for all ages, buses to neighbouring areas. An internal inspection of this property is thoroughly recommended to fully appreciate the accommodation on offer.

Hardwood door to front leading to;

Hall: Double glazed lead light windows to front, built in storage cupboard, wood effect flooring, door leading to;

Lounge: Double glazed sliding patio doors to rear, feature fire surround with coal effect fire, plate rail, radiator, leading to;

Conservatory: Double glazed with double opening doors to rear garden with window to side, tiled floor

Dining Room: Double glazed window to rear, radiator, coved ceiling, wood effect flooring

Kitchen: Double glazed lead light window to both side and front elevations, double glazed door also to side, a range of units at eye and base level with roll top work surfaces, one and a half bowl single drainer sink unit with mixer tap, integrated fridge, dishwasher, inset hob with built-in oven and extractor over, space for washing machine, radiator, understairs storage cupboard

First Floor Landing: Trap to loft and door leading to;

Bedroom One: Double glazed lead light window to front, radiator, a range of built in wardrobes with central dressing table and cupboards above to remain, radiator

Bedroom Two: Double glazed window to rear, radiator

Bedroom Three: Double glazed window to rear, radiator, built in wardrobes to remain

Bath/ Shower Room: Two double glazed obscure windows to side, suite comprising of paneled bath with mixer tap and shower attachment, low level W/C, wash hand basin with cupboards under, corner glazed screen shower cubicle with off mains shower, inset spotlights to ceiling, radiator

Exterior:

Front Garden: Block paved allowing for Off Street Parking with garden border and own driveway leading through to Garage with electric doors

Rear Garden: Commencing with patio area, remainder laid to well established boarders with two sheds to remain, westerly aspect



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

£ 662700

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
    £ 20000
  • 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

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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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