4 bedroom semi-detached for sale

£1,000,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

Guide Price: 1,000,000 - 1,100,000

We have been favoured with instructions to offer for sale this Four Bedroom Semi Detached property with NO ONWARD CHAIN. Boasting a wealth of features set over two levels including Lounge, Dining Room, Fitted Kitchen, Ground Floor Cloakroom, Utility Room, Four First Floor Bedrooms, Bathroom with Separate W/C, Garage from own driveway, Extensively Double Glazed and Gas Central Heating. Being with close proximity to Upminster Town Centre with C2C and District Line Station, local shops and well performing schools for all ages. An internal inspection of this property is thoroughly recommended to fully appreciate the accommodation on offer.

Double glazed door to front leading through to;

Entrance Hall: Radiator, coved ceiling, understairs storage cupboard, door leading through to;

Lounge: Double glazed Georgian style bay window to front and further double glazed window to side, wall mounted gas fire, coved ceiling, radiator

Dining Room: Double glazed sliding patio doors overlooking rear garden, radiator, coved ceiling

Kitchen: Double glazed bow bay window to rear, a range of units at eye and base level with complimentary work surfaces, single drainer stainless steel sink with mixer taps, space for fridge, integrated dishwasher, inset hob and double oven to remain, door leading to;

Utility Room: Obscure window to side, a range of units with space for washing machine, tumble drier and fridge freezer, door to Garden and Garage

Ground Floor Cloakroom: Obscure glazed window, suite comprising of low level W/C, wash hand basin with cupboards under, radiator, tiled walls

First Floor Landing: Double glazed window to side, coved ceiling, airing cupboard, radiator, access to loft area part boarded

Bedroom One: Double glazed round bay window to front, radiator

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

Bedroom Three: Double glazed window to front and rear elevations, two radiators, built in wardrobes to remain

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

Bathroom: Double glazed Georgian Style window to rear, suite comprising of paneled bath, wash hand basin with mixer taps with cupboards under, tiled walls

Separate W/C: Double glazed obscure window to rear, suite comprising of low level W/C, radiator

Exterior:

Front Garden: Long own driveway to front allowing for Off Street Parking for several vehicles, remainder laid to lawn with flowers and shrubs to borders, leading to;

Garage: with electric up and over doors and door to Utility Room

Rear Garden: Commencing with patio area, remainder laid to lawn with flowers and shrubs to borders, shed to remain

Features
  • Freehold

Map location is not available for this property.

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

£ 818950

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
    £ 25000
  • 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

£ 68950
  • 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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