4 bedroom detached for sale

£600,000

4

Bedrooms

2

Bathrooms

Floorplan

Completion dates to be confirmed

Discover modern family living at its finest with this brand-new detached home tucked away in the sought-after corner of St. Josephs Close, Canvey Island.
Offering around 1,600 sq. ft. of well-planned space, this impressive home features four generous bedrooms and is finished throughout to a high specification.

At its heart, youll find a shaker-style kitchen/diner, fully fitted with premium appliancesoven, hob, microwave, fridge freezer, dishwasher, and washer/dryerall set off with stylish worktops and LED under-cabinet lighting.
The spacious reception room provides a welcoming retreat, while the landscaped rear garden offers both privacy and the perfect backdrop for summer entertaining.
Ideally located just a short stroll from the town centre shops and amenities, the property also comes with a new-build warranty for peace of mind

Please note: Photos are for guidance only. Sizes are approximate.

Brochures are available nowdont miss the virtual tour and see for yourself why this home is one of St. Josephs Closes finest!

Kitchen / Living Room - 6.9 x 5.4 (227' x 178') -

Utility Room - 1.7 x 3 (56' x 910') -

Garage - 7 x 3 (2211' x 910') -

Bedoom One - 3.2 x 4.4 (105' x 145') -

Ensuite -

Bedroom Two - 3.9 x 3.2 (129' x 105') -

Bedroom Three - 4.2 x 3.2 (139' x 105') -

Bedroom Four - 3.3 x 2.6 (109' x 86') -

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

£ 497700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 15000
  • 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

£ 47700
  • 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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