4 bedroom semi-detached for sale

£575,000

4

Bedrooms

1

Bathrooms

Floorplan

Situated in a cul-de-sac location is this Four Bedroom semi-detached property. Having the benefit of ground floor cloakroom, lounge with separate dining room, fitted kitchen with utility room, four double bedrooms with family bathroom, off street parking to front, garage and car port and being within access to Upminster town centre with c2c and district line station, schools for all ages and shopping centre. An internal inspection of this property is thoroughly recommended to fully appreciate the size of accommodation on offer.

Obscure double glazed door to side leading through to;

Hall: Radiator, double glazed window to side and door leading through to;

Ground Floor Cloakroom: Obscure double glazed window to front, suite comprising of low level W.C, pedestal wash hand basin, radiator.

Lounge: Double glazed bow bay window to front, radiator, coved ceiling, feature fire surround with coal effect fire, coved ceiling, double opening doors leading through to;

Dining Room: Double glazed window and French style doors to rear overlooking garden, radiator, coved ceiling.

Kitchen: Double glazed window to side and double glazed door and window to rear, a range of units at eye and base level with roll top work surfaces, inset hob with built in oven to remain, one and a half bowl single drainer sink unit with mixer taps, dishwasher and fridge to remain.

Utility Room: Double glazed door to rear, double glazed window to side and rear elevations, boiler, washing machine, tumble dryer and freezer to remain, wall cupboards.

First Floor Landing: Trap to lift and doors leading through to;

Bedroom One: Two double glazed windows to front, radiator, built in wardrobes.

Bedroom Two: Two double glazed windows to front, radiator, built in wardrobe.

Bedroom Three: Double glazed window to rear, radiator, airing cupboard, corner glazed screen shower cubicle with electric shower.

Bedroom Four: Double glazed window to rear, radiator, coved ceiling, a range of built in wardrobes.

Bathroom/W.C: Obscure double glazed window to rear, suite comprising of panel bath with mixer taps and shower attachment, low level W.C, pedestal wash hand basin, airing cupboard, tiled walls.

Exterior: Front garden paved allowing for off street parking for several vehicles with car port to side and leading through to garage from own drive with up and over doors.

Rear Garden: Commencing with decked patio area, remainder laid to lawn with shrub borders.



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

£ 477075

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
    £ 14375
  • 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

£ 45825
  • 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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