5 bedroom semi-detached for sale

£450,000

5

Bedrooms

1

Bathrooms

Floorplan

Guide Price 450,000 to 475,000

Nestled in one of Canveys most coveted locations, within a short stroll of the vibrant town center and serene seafront, this enchanting 4/5-bedroom chalet unveils an impressive 130-foot garden. With no onward chain, it welcomes you with off-street parking and modern gas-fired heating paired with double-glazed windows.

The adaptable layout features a spacious lounge/diner at the rear that opens to the stunning garden, along with two ground-floor bedrooms that can transform into additional reception spaces, a stylish kitchen, and a contemporary wet room.

Ascend to the first floor to discover an exceptionally elegant main bedroom, complemented by two additional bedrooms and a modern bathroom.

Hallway - Double Glazed entrance door opening onto the lounge

Lounge / Diner - 6.10mft x 5.64m (20ft x 186) - A spacious lounge features a raised area perfect for a dining room table. It has laminate flooring, a large double-glazed window, and patio doors that open onto the garden. There is also a staircase leading to the first floor, and the lounge is open-plan to the hallway.





Kitchen - 3.28m x 2.84m (109 x 94) - Double Glazed door and window to the rear elevation, Light wood style units at base level with work surfaces over, Inset ceramic hob with oven under, stainless steel sink with mixer taps, tiling to splash backs and units at eye level and extractor unit

Ground Floor Wet Room - Double-glazed obscure window to the side. A spacious, stylish wet room features a white low-level WC, a pedestal wash hand basin, and a wet room area. Tiling on the walls and coving on the ceiling complete the look.

Ground Floor Bedroom Four - 3.45m x 3.23m (114 x 107) - Double Glazed bay window to the front and radiator

Second Lounge / Bedroom - 4.39m x 3.86m (145 x 128 ) - Double Glazed bay window to the front and radiator

First Floor Landing - Doors off to the accomdation

Bedroom One ( First Floor ) - 6.25m x 3.23m (206 x 107 ) - Experience the grandeur of a spacious main bedroom, featuring a thoughtfully designed cupboard that houses the boiler, alongside newly fitted wardrobes and luxurious carpets that elevate the ambience.Double glazed windows to the front and rear





Bedroom Two ( First Floor ) - 3.23m x 2.84m (107 x 94) - Double Glazed window and radiator

Bedroom Three - 2.92m x 2.18m ( first floor ) (97 x 72 ( first f - Double Glazed window and radiator

Bathroom - A stylish three-piece suite features a newly fitted white bath, a low-level WC, and a vanity unit with an inset wash hand basin. The walls and floors are tiled, with access to eaves storage.

Front - blocked paved parking

Garden - Exceptionally large rear garden measuring an impressive 130ft, mainly laid to lawn, begins with a patio area, fenced to the boundaries with sheds to remain.

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

£ 373950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11250
  • 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

£ 36450
  • 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.

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