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298 Heathway, Dagenham
£400,000 Offers in excess of
Bedrooms
Bathrooms
Steps are delighted to have the chance to offer for sale this extended two double bedroom family home located in this popular turning of Porters Avenue, and therefore within easy access of local shopping, transport facilities and Parsloes Park. To the ground floor the property consists of a reception room, living room, extended kitchen/diner and utility room. With the two double bedrooms and bathroom to the first floor. With further benefits to include gas fired central heating, double glazing and off street parking. An early viewing is highly advised to fully appreciate all that is on offer.
Entrance - Via uPVC door to hallway
Hallway - Radiator. Built in cupboard housing boiler. Staircase to first floor. Doors to
Reception Room - 3.27 x 2.71 (108' x 810') - uPVC bay window to front. Laminate effect wood flooring. Double radiator. Leading to
Living Room - 4.09 x 3.25 (135' x 107') - Laminate effect wood flooring. Double radiator. Opening up to
Kitchen/Diner - 4.15 x 3.42 (137' x 112') - Range of fitted wall and base units with roll top work surfaces. One and a half bowl stainless steel single drainer sink unit with mixer taps and tiled splash backs. Space for cooker. Cupboard housing fridge and freezer. Radiator. uPVC window to rear. Patio doors to garden.
Utility Room - 2.96 x 1.76 (98' x 59') - Roll top work surface with sink and mixer taps. Tiled splash backs. Space for washing machine. Radiator. Understairs storage cupboard. uPVC window to rear.
Landing - Access to loft. Doors to
Bedroom One - 5.14 x 3.36 max (1610' x 110' max) - Two uPVC windows to front. Radiator. Built in cupboard.
Bedroom Two - 3.53 2.61 to wardrobes (116' 86' to wardrobes) - uPVC window to rear. Radiator. Fitted wardrobes. Built in airing cupboard.
Bathroom - 1.84 x 1.71 (60' x 57') - Panel enclosed bath with mixer taps and shower. Pedestal wash hand basin. Low level WC. Tiled walls and flooring. Heated towel rail. Obscure glazed uPVC window to rear.
Rear Garden - 19.81m approx (65 approx) - Crazy paved patio leading to lawn
Front Garden - Providing off street parking.
We routinely refer potential purchasers to Move with Us Ltd. It is your decision whether you choose to deal with Move with Us Ltd. In making that decision, you should know that we receive an annual payment benefits from Move with Us Ltd, equating to approximately 314.48 per referral.
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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