4 bedroom semi-detached for sale

£800,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE 800,000-825,000 Stunning extended semi-detached property offered with no ongoing chain benefiting from off street parking located in a prime location approximately 0.8 miles from Gidea Park Station (Elizabeth Line)

We are pleased to offer to market this very well presented and extended four-bedroom semi-detached property located 0.8 miles to Gidea Park Station (Elizabeth Line) and convenient road links to the A12, A127 and M25. Theres also Raphael Park and David Lloyd centre nearby

The front of the property has a gravel driveway providing ample parking, the property itself is accessed via a composite double-glazed door that leads into a spacious hallway with polished wooden flooring and carpeted staircase to first floor. There are attractive internal doors to all rooms.

The integrated fitted kitchen boasts cream high gloss units with co-ordinated worktops, breakfast bar and feature lighting with the polished wood flooring that flows through from the hallway.

The front reception is an impressive dining room with large double glazed bay windows to the front and polished stone fireplace.

The spacious, comfortable lounge is to the rear of the property providing a comfortable family area and leads through to the double-glazed conservatory.

The conservatory has a glass vaulted roof with wooden flooring and double-glazed French doors that lead onto the rear garden.

Also off the hallway is a superb shower room in a contemporary style.

There is an integral garage that is currently being used as a utility room with plumbing for a washing machine. This space also houses a Vaillant combi-boiler.

On the first floor are four spacious bedrooms and a family bathroom which also boasts a corner shower cubicle plus a bath, WC and wash hand basin.

From the landing is a further carpeted staircase which leads up to the loft room that has two Velux style windows and built in storage. There is also the benefit of a further separate WC.

The rear garden measures approximately 70ft in length and mainly laid to lawn with two designated seating areas for al-fresco dining and spacious outbuilding with a pitched roof.

All in all a great spacious family home situated in this sought after area which also has the major benefit of being offered with NO ONGOING CHAIN!!

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

£ 662700

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
    £ 20000
  • 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

£ 62700
  • 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

Adjust these figures

  %

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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