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£650,000
Bedrooms
Bathrooms
Richard Poyntz & Company has the pleasure of offering for sale this truly stunning rarely available Five Bedroom Detached Chalet with one of the largest gardens available within Canvey Island. The property itself to the front has a superb-sized block paved driveway providing off-street parking for approximately five vehicles and leads to a detached larger-than-average garage. Internally you have a spacious hallway with access to three well-proportioned ground floor bedrooms, a four-piece family bathroom, a stunning kitchen/dining room with extensively fitted kitchen units at base and eye level which is open plan to a stunning lounge/diner with a partly vaulted ceiling plus bi-folding doors connecting to the huge park-like garden. On the first floor, you have two outstanding size double bedrooms, the main bedroom has a modern three-piece shower room, and the property boasts UPVC double-glazed windows and doors throughout, composite entrance door plus bi-folding double-glazed doors off the lounge/diner, the property also boasts gas fired central heating and viewing comes highly recommended to truly appreciate the standard of the accommodation on offer and also the potential within plus the potential to extend (subject to planning permission). The property is in a great location within Canvey being a short distance to Canvey Town Centre with schools, shops, bus routes, the paddocks, and the seafront all close by.
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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