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£475,000 Offers in excess of
Bedrooms
Bathrooms
Discover an exceptional opportunity with this charming 3-bedroom semi-detached house nestled in the picturesque Oak Place, North Weald, Epping. This inviting property, available with no upward chain, presents an ideal choice for families seeking a comfortable home or investors looking for a promising venture.
The ground floor boasts a thoughtfully designed layout, featuring a spacious walk-through living room that seamlessly connects the various areas of the home. The heart of this property is undoubtedly the modern fitted kitchen, which not only offers ample space for food preparation but also comfortably accommodates a dining table and chairs, perfect for family meals and entertaining guests. Adding to the convenience is a well-appointed utility room and a practical shower room on this level.
Ascend to the first floor to find three generously sized bedrooms, each offering a tranquil retreat for family members or guests. The family shower room on this level ensures morning routines run smoothly, even during the busiest times.
Step outside to enjoy the private rear garden, where a delightful patio area awaits, ideal for alfresco dining, summer barbecues, or simply relaxing in the open air. The property also benefits from a driveway, providing convenient off-street parking for residents and visitors alike.
Situated in the charming civil parish of North Weald, this home offers the perfect blend of rural tranquillity and urban accessibility. A leisurely 15-minute stroll brings you to the local pub, village hall, and convenience store, embodying the essence of village life. For commuters, Epping Underground Station is a mere 10-minute drive away, offering direct services to London and making city access a breeze.
Viewing is highly recommended to appreciate the opportunity on offer.
Please note this property is being sold by a connected person to Sold.co.uk.
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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