4 bedroom detached for sale

£650,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 650,000 - 700,000 ' No Onward Chain!

Step into your dream home with this newly renovated and extended 4/5 bedroom detached family home!
Nestled in a prime location close to Hockley Station, Plumberow Primary, Greensward Academy and Hockley Village are just a short walk away, this property offers versitile living space to suit your famlies needs.

As you step through the front door, be mesmerised by the spacious interior featuring an extended open plan kitchen, lounge, and dining room and separate utility room. With bi-fold doors leading out to the side and rear garden and coffered ceiling lighting, this area is the heart of the home - perfect for entertaining guests or enjoying family dinners under the atmospheric skylight windows.

The kitchen/dining area is a chefs delight, boasting modern amenities and ample space for culinary creations. The utility room adds practicality to the layout, ensuring chores are a breeze. Family bathrooms and showers are conveniently located on both floors, catering to busy mornings and soothing evening routines.

The layout of the property provides 2 double bedrooms and a family bathroom downstairs, and 3 double bedrooms upstairs with another family bathroom including separate shower, ideal for larger families or when you have guests stay.

Renovated throughout, every corner of this abode exudes luxury and style. The large patio area is an extension of the indoor living space, offering a tranquil spot for al fresco dining or morning coffees. With parking for 4/5 cars, youll never have to worry about finding a space for your vehicles.

Imagine coming home to this sanctuary after a long days work, unwinding in the warmth and comfort that this property exudes. The location adds to the appeal, with easy access to transport links, reputable schools for the little ones, and the vibrant village atmosphere just a stones throw away.

With a guide price of 650,000 - 700,000, this 4/5-bedroom detached house is not just a home, but a lifestyle upgrade waiting to be embraced. Dont miss the chance to make this property your own - schedule a visit today and prepare to be captivated by the charm and convenience it offers. Welcome home!


EPC Rating: C

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

£ 538950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16250
  • 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

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£

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

£ 51450
  • 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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