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£429,995 Guide Price
Bedrooms
Bathrooms
Welcome to Deepdene Avenue where we have for sale this extended 3 bedroom semi detached bungalow, which offers much scope and potential to provide a super family home.
The area is well-served by public transportation, with Rayleigh railway station located about a 15-minute walk away, providing convenient access to London Liverpool Street and Southend. Families in this neighborhood benefit from proximity to reputable educational institutions. Down Hall Primary School, rated Good by Ofsted, is a quick 2-3 minute walk, making it a convenient choice for younger children. For secondary education, The Sweyne Park School, also rated Good, is about a 7-minute walk and offers specialized provision for hearing-impaired pupils.
Rayleigh High Street, a bustling hub of activity, is just a 20 minute walk from Deepdene Avenue. The High Street offers a variety of amenities, including supermarkets, boutique shops, cafs, restaurants, and pubs, along with essential services such as banks, a post office, and medical practices. Additionally, the weekly Rayleigh Market adds charm and convenience to the area.
This charming three-bedroom semi-detached home offers an exciting opportunity for those looking to create their dream space. Extended at the rear, the property boasts a generously sized living area, perfect for family gatherings or entertaining guests. While it does require modernisation, it offers an excellent blank canvas for new owners to add their personal touch.
The layout includes two well-proportioned double bedrooms, a cozy single bedroom, and a family bathroom. The extended ground floor incorporates a spacious lounge, dining area, kitchen, and conservatory offering versatility for reconfiguration to suit modern living.
The highlight of this property is its expansive garden, ideal for gardening enthusiasts or families seeking outdoor space to play, relax, or even grow their own vegetables. The gardens size and potential make it a rare find, providing endless opportunities for landscaping or creating a serene outdoor haven. There parking for 3-4 cars and a garage. At the end of the 190 foot garden, is another area with a workshop/summerhouse.
I welcome you to view this property as soon as you can to appreciate the potential of the living space and the size of the garden. It also has the benefit of no onward chain!
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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