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£350,000 Guide Price
Bedrooms
Bathrooms
'' GUIDE PRICE 350,000 - 365,000 '' Located in the village of Brantham within a 1.5 miles of Manningtree train station. This spacious and well presented property offers two inviting reception rooms, a convenient ground floor WC and an en-suite to the master bedroom. The property also benefits from off-road parking and a pleasant, enclosed rear garden.
Location - The property is nestled in the popular village of Brantham in the Stour Valley located on the Essex/Suffolk border approximately 2 miles from Manningtree town offering a range of amenities including boutique shops, pubs & eateries. Manningtree train station is less than 1.5 miles away and offers direct trains to the capital in as little as 56 minutes. The area offers plenty to do outdoors with Alton Water, Constable Park & Dedham Vale all within easy each. The larger towns of Ipswich and Colchester are both within a 25 minute drive.
Accommodation comprises with approximate room sizes as follows:
Entrance door to:
Entrance Hallway -
Kitchen - 3.66m x 2.18m (120 x 72) -
Dining Room - 3.78m x 2.36m (125 x 79) -
Wc - 1.83m x 0.91m (60 x 30) -
Lounge - 5.79m x 3.71m (190 x 122) -
First Floor -
Bathroom - 2.16m x 1.96m (71 x 65) -
Bedroom Two - 3.68m x 2.54m (121 x 84) -
Bedroom One - 3.35m x 3.05m (110 x 100) -
En Suite - 2.64m x 1.37m (88 x 46) -
Bedroom Three - 2.64m x 2.31m (88 x 77) -
Outside -
Outside Rear -
Material Information - Council Tax Band: C
Heating: Gas central heating via radiators
Services: Mains electricity, gas, water & drainage
Broadband: Ultrafast Fibre (upto 1,000mbps)
Mobile Coverage: O2 - Likely. EE, Three, Vodafone - Limited
Construction: Conventional
Restrictions: None
Rights & Easements: None
Flood Risk: Surface Water - Very Low | Rivers & Sea - Very Low
Additional Charges: N/A
Sellers Position: Purchasing onwards
Garden Facing: North
Agents Note Sales - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.
Aml - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.
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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