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298 Heathway, Dagenham
£400,000
Bedrooms
Bathrooms
Steps have great pleasure in being able to offer for sale this CHAIN FREE two double bedroom family home located in the popular turning of Longbridge Road. To the ground floor the property consists of a lounge with a modern fitted kitchen, with the two double bedrooms and modern bathroom suite to the first floor. With added benefits of gas fired central heating, double glazing and an easy to maintain rear garden with summer house to rear. An early viewing is highly advised to fully appreciate all that is on offer.
Entrance - Via uPVC door to porch
Porch - 1.98 x 0.93 (65' x 30') - Duel aspect uPVC windows to side. Further door to
Lounge - 5.87 x 3.26 (193' x 108') - uPVC windows to front and rear. Laminate effect wood flooring. Double radiator.
Kitchen - 3.97 x 2.30 (130' x 76') - Range of fitted wall and base units with roll top work surfaces. One and a half bowl single drainer sink unit with mixer taps. Tiled splash backs. Spaces for washing machine, fridge freezer, cooker, tumble dryer and dishwasher. Understairs storage area. uPVC window to rear. uPVC door to garden.
Landing - Access to loft. Built in storage cupboard. uPVC window to front. Doors to
Bedroom One - 4.00 x 3.23 (131' x 107') - uPVC window to rear. Double radiator. Fitted wardrobes.
Bedroom Two - 4.00 x 2.39 (131' x 710') - uPVC window to rear. Double radiator.
Bathroom - 2.62 x 1.78 max (87' x 510' max ) - L-Shaped suite comprising of. Panel enclosed bath with mixer taps and shower. Wash hand basin with mixer taps and storage under. Low level WC. Chrome effect heated towel rail. Tiled walls. Extractor fan. Two obscure glazed uPVC windows to front.
Rear Garden - 9.54 approx (313' approx) - Commencing with a decking area. Artificial lawn. Wooden summer house to rear.
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.
298 Heathway, Dagenham
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