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£475,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 475,000-500,000 Well presented extended property benefitting from off street parking and shared driveway approximately 1.5 miles to Romford Station and 0.7 miles to Queens Hospital with Rush Green Primary School and Eastbrookend Country Park just a stones throw away.
Looking for a great sized, well-presented property that features a ground floor WC and first floor bathroom?
Then this property will tick many of your boxes with lots of features to please including a summer house that is fully electric along with plenty of space to put your own stamp on.
Coming up to the property you are greeted by a dropped curb that leads to off street parking with a gated shared driveway that to the side that gives access to and from the rear garden. There is then a double-glazed obscured glass leaded feature entrance door that brings you into the hallway.
The hallway is a fantastic size and features wooden flooring with a carpeted staircase to the side that has an understairs cupboard that houses gas and electric meters. There are glass panelled wooden doors to the other side that open into the vast open plan living/dining room.
The living room/dining room space is instantly flooded with natural light thanks to the large double glazed bay window to the front. This light shows off the wooden flooring that flows through from the hallway which also flows through into the dining space. To the rear of this space there are double glazed double doors that lead out onto the rear garden.
The kitchen is also a brilliant size and has a range of eye and base level fitted high gloss units with black marble effect worktops. There is a fitted oven hob and extractor fan as well as an integrated washing machine and dishwasher and a stainless-steel sink which has a mixer tap. To complete the space there are double glazed leaded feature windows to the side and rear along with a door that leads into the ground floor WC.
The ground floor WC also has the wooden flooring that covers the whole of the ground floor as well as painted walls, a sink that has a mixer tap and a WC.
Heading up the carpeted staircase onto the first-floor landing there is a loft that has a loft hatch and four wooden doors, three of which open into all three bedrooms leaving the final door to open into the first-floor bathroom.
The first-floor bathroom is also a brilliant space and has part tiled, part painted walls and wooden effect laminate flooring. There is a bath to the rear that has a hand shower unit along with a sink that has an under-vanity unit and WC. All of this is finished off with obscured glass double glazed windows to the side and rear.
All three bedrooms are a great size and all feature double glazed windows and plenty of wardrobe and cupboard space for extra storage needs. Bedrooms one and two have carpeted flooring with bedroom three having wooden effect laminate flooring.
The rear garden measures approximately 90ft and commences with a large patio area to the front that has established trees and shrubs to either side. There is a path that has laid lawn to either side that leads to a further hard standing area which houses a summer house 6 metre squared that is currently being used as a gym and is fully electric.
On the whole this property is a real gem and comes highly recommended by the agent. Early viewing is advised to avoid disappointment.
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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