Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£625,000 Offers in excess of
Bedrooms
Bathrooms
Guide Price 625,000 - 650,000
Impressive 4-Bedroom Detached Home on the sought after road - Folly Lane.
Situated in a quiet and family-friendly location of Hockley, this beautifully presented four-bedroom detached home offers an abundance of space, modern design, and excellent curb appeal. A large driveway provides ample parking for at least three cars, with side access leading to the rear of the property.
Upon entering, the bright hallway welcomes you into the home, leading to a versatile reception room at the frontideal as a snug or home office. There is also a substantial 5m x 4m internal garage, offering excellent storage or potential for conversion.
At the heart of the home is the extensive recently refurbished open-plan family room with Bi-fold doors across the back of the property, a stylish kitchen island with bar seating and a skylight flooding the space with natural light. This is the perfect entertaining area for family gatherings, separate utility room ensures practicality and a downstairs toilet off the hallway adds convenience for family life.
Upstairs, a light-filled hallway leads to four spacious double bedrooms, two of which feature built-in wardrobes. The master bedroom benefits from a private ensuite with shower, while the large family bathroom boasts a four-piece suite with a separate bath and shower, catering perfectly to family life.
Outside, the large rear garden provides a fantastic space for relaxation or entertaining with a patio area to the front and greenery leading to the back of the garden.
This great property is a 5-minute drive to Hockley Train Station, offering easy access to London Liverpool Street. Close to Greensward Academy and Hockley Primary School, making it an excellent choice for families.
Hockley Woods and The Bull Inn a popular local pub and restaurant are walking perfect for countryside walks and outdoor activities.
This fantastic home perfectly balances modern living, practicality, and style.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
