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£179,995
Bedrooms
Bathrooms
'''NO ONWARD CHAIN'''A TWO DOUBLE BEDROOM EXTENDED TERRACED HOUSE located in the heart of the popular seaside town of Walton-on-the-Naze and a short walk from the beach, High Street and Walton Pier. This older style property offers a lounge, dining room, kitchen and bathroom on the ground floor and two double bedrooms on the first floor. The private rear garden has gated access to the rear which leads to a bridleway, from there steps lead up to the sea wall with STUNNING VIEWS over the Walton Mere Backwaters, Walton & Frinton Yacht Club and the old boating lake. Walton-on-the-Naze is a busy seaside town with beautiful beaches, historical Naze Tower and visitor centre, leisure centre and train services to Colchester and London. The property would be perfect for a FIRST TIME BUYER or as a HOLIDAY HOME. Call Paveys today to arrange a viewing.
Porch - Double glazed entrance door to front aspect, double glazed windows to side.
Lounge - 3.40m x 2.77m (112 x 91) - Glazed entrance door, double glazed window to the front, laminate wood effect flooring, coved and textured ceiling, radiator.
Dining Room - 3.40m x 2.46m (112 x 81) - Double glazed window to rear with views over the garden, laminate wood effect flooring, under stairs storage cupboard, stair flight to First Floor, coved and textured ceiling, radiator.
Kitchen - 4.93m x 2.46m (162 x 81) - Matching white high gloss over and under counter units, black roll edge work tops, tiled splash back, stainless steel sink and drainer, built in oven and ceramic hob, space and plumbing for washing machine, space for tumble dryer, space for fridge/freezer. Two double glazed windows to side, double glazed door to side, laminate flooring.
Shower Room - White suite comprising low level WC, pedestal wash hand basin and enclosed shower cubicle. Double glazed window to the rear, laminate tile effect flooring, part tiled walls, extractor fan.
Master Bedroom - 3.40m x 2.72m (112 x 811) - Double glazed window to the front, laminate flooring, coved ceiling, radiator.
Bedroom Two - 2.57m x 2.49m (85 x 82) - Double glazed window to the rear with stunning views over the Walton Mere and Walton & Frinton Yacht Club, laminate flooring, coved and textured ceiling, cupboard housing wall mounted boiler (not tested by Agent), access to the boarded loft, radiator.
Outside Front - On street parking which we have been advised by the vendors that there is never any issues parking always spaces.
Outside Rear - Enclosed with panel fencing, commencing paved patio with the remainder laid to lawn, paved pathway, shingled borders, trees and shrubs. Gated access to rear leading to a bridleway and steps leading up to the sea wall with stunning views over the Walton Mere, Walton and Frinton Yacht club and the old boating lake.
Agents Notes - We are advised by the Vendor that the property has its own 'Mooring Rights' to the rear.
Important Information - Council Tax Band: A
Tenure: Freehold
Energy Performance Certificate (EPC) rating: D
The property is connected to electric, gas, mains water and sewerage.
Disclaimer - These particulars are intended to give a fair description of the property and are in no way guaranteed, nor do they form part of any contract. All room measurements are approximate and a laser measurer has been used. Paveys Estate Agents have not tested any apparatus, equipment, fixtures & fittings or all services, so we can not verify if they are in working order or fit for purpose. Any potential buyer is advised to obtain verification via their solicitor or surveyor. Please Note: the floor plans are not to scale and are for illustration purposes only.
Money Laundering Regulations 2003 - Paveys Estate Agents will require all potential purchasers to provide photographic identification, alongside proof of residence when entering into negotiations regarding one of our properties. This is in order for Paveys Estate Agents to comply with current Legislation.
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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