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£485,000
Bedrooms
Bathrooms
Richard Poyntz and Company have the pleasure of offering for sale this truly stunning and charming three-bedroom semi-detached cottage situated on a semi-rural position within the outskirts of Canvey Island. The property provides excellent access on and off Canvey and is a short distance to Benfleet Railway Station which is situated on the C2C train line giving direct access to Londons Fenchurch Street. To the front of the front of the property is a superb-sized driveway providing off-street parking for several vehicles, to the rear of the property is a much larger than average rear garden with established flowers and shrubs, there is a superb-sized paved seating area and to the rear of the garden is a further decked area with vast views over open farmland to the rear. Internally the property has a porch, a hallway that gives access to a superb-sized lounge that could easily accommodate a table and chairs if required, off of the lounge is an outstanding Bespoke fitted kitchen which has extensively fitted units at base and eye level along with a vaulted ceiling, off of the kitchen and can also be accessed via the lounge is a stunning large UPVC double glazed conservatory, there is a ground floor cloakroom and a ground floor third bedroom which gives access to a second conservatory. To the first floor, there is a good-sized landing that gives access to well-proportioned bedrooms both of which have built-in wardrobes, and completing the upstairs accommodation is a truly stunning four-piece family bathroom.
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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