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£975,000
Bedrooms
'EARLY VACANT POSSESSION AVAILABLE'
'PRIME LOCATION ON MARINE PARADE WITH ESTUARY VIEWS'
'WALKIING DISTANCE OF LEIGH STATION & LEIGH BROADWAY'
'WESTLEIGH SCHOOL CATCHMENT AREA'
'46 X 84 ESTABLISHED REAR GARDEN'
'DOUBLE LENGTH GARAGE'
' FOUR DOUBLE BEDROOMS'
'EN-SUITE SHOWER ROOM TO BEDROOM THREE'
'25 X 12 LOUNGE'
'186 X 119 DINING ROOM'
'136 X 13 BREAKFAST ROOM/STUDY'
'OLDER STYLE FITTED KITCHEN' 'GAS CENTRAL HEATING'
'BATHROOM/W.C'
'MODERNISTAION AND IMPROVEMENT REQUIRED HENCE PRICE'
'EARLY VIEWING ADVISED'
'KEYS AVAILABLE FOR VIEWING'
Upvc double glazed entrance door to uPVC double glazed entrance porch with Quarry tiled floor. Arched leadlight stained glass double opening doors to:
Reception Hall
Stairs to first floor, radiator, thermostat for central heating, understairs storage cupboard with stained glass window, double opening stained glass arched doors to lounge.
Lounge 25 x 12 (7.62m x 3.66m)
Bay window to front with lovely views across the Maine Parade Gardens and over the Estuary, bay window seat, double glazed sliding patio doors to rear, stained glass internal window to side, two radiators, panelled and coved ceiling. Cast iron fireplace with ceramic tiled inserts, ceramic tiled hearth, wood surround and mantel, four wall light points.
Dining Room 186 x 119 (5.64m x 3.58m)
Bay window to front with views across the Marine Parade Gardens and Estuary, radiator, four wall light points.
Breakfast Room/Study 136 x 13 (4.11m x 3.96m)
Window to rear, radiator, extensive fitted book shelving, door to kitchen.
Kitchen 14 x 8 (4.27m x 2.44m)
uPVC double glazed windows and door to garden, two and a half bowl sink unit with base cupboard under, range of old style fitted kitchen units, fitted breakfast bar, built-in oven, separate split level hob with extractor above, radiator, plumbing for dishwasher, serving hatch to dining room. Utility cupboard with uPVC double glazed window to rear, modern wall mounted gas boiler, plumbing for washing machine.
First Floor
Landing
A Spacious Landing 147 x 8 (4.45m x 2.44m)
Window to front with views through the enclosed balcony. Linen cupboard, loft access with ladder.
Bedroom One 196 x 12 (5.94m x 3.66m)
uPVC double glazed bay window to front with exceptional views, mirror fronted L-shaped wardrobes, radiator, picture rails.
Bedroom Two 162 x 154 (4.93m x 4.67m)
Incorporating enclosed balcony, double glazed sliding windows to front with fitted roller blinds, stunning views of the Estuary towards the Kent coastline, further bay window to side with fitted bench seat, radiator.
Bedroom Three 132 x 93 (4.01m x 2.82m)
uPVC double glazed square bay window to rear, stained glass window to side, radiator. Mirror fronted wardrobe, door to en-suite shower room.
En-Suite Shower Room
Window to rear, suite comprising shower cubicle, wash hand basin with mirror and light above, low flushing w.c, radiator, electric towel rail, additional door from the landing.
Bedroom Four 13 x 11 (3.96m x 3.35m)
UPVC double glazed window to rear, double wardrobe with adjacent vanity wash hand basin and cupboard under, mirror and light, radiator.
Bathroom/W.C
uPVC double glazed window to rear, ceramic tiled walls, radiator, suite comprising bath with shower, pedestal wash hand basin and low flushing w.c.
Outside
The Front Garden has a walled front boundary, double gates and drive to garage, two lawned areas, pedestrian gate and pathway.
Garage
A double length garage, internal measurement 8 x 30 (2.44m x 9.14m) window to rear, up and over door, power and lighting.
Rear Garden
A surprisingly large garden for a Marine Parade property measuring 46 wide by 84 deep, laid to lawn with established shrubs and trees. Full width patio with steps leading down to the lawn. Door to garage, outside w.c with high flush w.c and sink unit adjoining original leadlight glazed potting shed. Side entrance with gate to the front garden, two water taps.
Agents Notes:
This property does require modernisation and improvement and the realistic asking price has been set to reflect this.
Council Tax Band - G
EPC Rating - D
All mains services connected
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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