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£475,000 Offers in excess of
Bedrooms
Bathrooms
This impressive five-bedroom detached house on The Street, Takeley, presents an excellent opportunity for a growing family seeking a spacious, recently refurbished property. The home has been thoughtfully renovated throughout, offering a move-in ready residence in a desirable Essex location.
The propertys layout includes a generous lounge, separate dining room, modern kitchen, and a bright conservatory overlooking the garden. Upstairs features five well-proportioned bedrooms, with the primary bedroom benefiting from an en-suite, plus a family bathroom. Outside, the property boasts a private rear garden with patio area perfect for outdoor entertaining, complemented by convenient off-street parking.
Located in the popular village of Takeley, this home is within easy reach of local amenities including shops, pubs and restaurants. Commuters will appreciate being just a stones throw away from Stansted Airport and the M11 motorway, while Bishops Stortford town centre with its additional shopping and leisure facilities is approximately 10 minutes drive away.
Available with no onward chain, this substantial family home offers the perfect blend of space, comfort and convenience. With its recent refurbishment, the property requires minimal updating and is ready for new owners to simply move in and enjoy. We strongly recommend early viewing to fully appreciate all this exceptional property has to 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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