4 bedroom semi-detached for sale

£699,999 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

TO VIEW PLANS FOR GARAGE CONVERSION SEE EPPING FOREST DISTRICT COUNCIL PLANNING NUMBER EPF/2387/24

Rarely do we have the pleasure of marketing an extensively developed property which still offers potential for personalisation. This particular property has the capacity to offer so many different options to so many different family requirements.

The frontage extends to 42 and offers a double garage which could easily become further living accommodation and the potential to create a separate annexe is evident. Plans have now been passed in the respect see planning application EPF/2387/24

The ground floor offers two reception rooms, large fitted kitchen/breakfast room, utility room and guest cloakroom WC. Whilst the first floor offers a master suite with walk in wardrobe and en-suite shower room, two further double bedrooms and a good size single bedroom.

Externally the rear garden extends to approx. 60 in length with access to the double garage and the front garden provides easy parking for up to six vehicles.

Thaxted way is an attractive area with pleasant front aspect over an open green and the area is highly regarded locally.

This property is being offered chain free and therefore early viewing is highly recommended

ENTRANCE PORCH 8 4' x 3 2' (2.54m x 0.97m)

ENTRANCE HALL 10 9' x 6 05' (3.28m x 1.96m)

FRONT RECEPTION 14 2' x 10 88' (4.32m x 5.28m)

REAR RECEPTON 20 75' x 10 5' (8m x 3.18m)

KITCHEN/BREAKFAST ROOM 15 4' x 10 8' (4.67m x 3.25m)

UTILITY ROOM 6 15' x 6 13' (2.21m x 2.16m)

GROUND FLOOR WC 6 10' x 2 9' (2.08m x 0.84m)

FIRST FLOOR LANDING

BEDROOM ONE 13 42' x 10 69' (5.03m x 4.8m)

WALK IN WARDROBE 5 08' x 4 39' (1.73m x 2.21m)

EN-SUITE SHOWER ROOM 6 05' x 5 03' (1.96m x 1.6m)

BEDROOM TWO 11 24' x 10 63' (3.96m x 4.65m)

BEDROOM THREE 14 4' x 8 84' (4.37m x 4.57m)

BEDROOM FOUR 9 25' x 7 61' (3.38m x 3.68m)

FAMILY BATHROOM 9 4' x 5 7' (2.84m x 1.7m)

EXTERIOR

FRONT GARDEN Parking for approx. 4/5 cars

REAR GARDEN 60 (18.29m

DOUBLE GARGE 26 8' x 15 1' (8.13m x 4.6m)

TENURE AND CHARGES Freehold title
Council Tax - Band E Epping Forest

UTILITIES AND SERVICES Water - Mains supply Thames Water
Electricity and Gas - Mains supply with Eon

Flood Risk - Very Low

Broadband and mobile service. - EE, Vodaphone, 3 and 02
High speed broadband available 1800 mbps

POINTS TO NOTE The vendor does own two garages directly at the rear of the double garage. These could be available by separate negotiation.

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

£ 580199.175

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
    £ 17499.975
  • 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

£ 55199.925
  • 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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