5 bedroom detached for sale

£700,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

This stunning five bedroom, three bathroom executive style family home is situated in a desirable location off Rawreth Lane, within short walking distance of Sweyne Park, close proximity of Rayleigh Leisure Centre and easy reach of local schools and shops.

This immaculate property has been maintained to a high specification by the current owners, with accommodation spread over three floors, and benefits from having a spacious open plan kitchen/diner and further sun room, both with underfloor heating; lounge measuring 19 7'; utility room with built in tall broom cupboard; ensuite to bedroom one; double garage, with off street parking for numerous vehicles and an unoverlooked rear garden measuring 45 . EPC rating - TBC. Our ref: 16526

Accommodation comprises:

Entrance via obscure composite door to:

RECEPTION HALL 11 9' x 9 5' (3.58m x 2.87m) Coved and skimmed ceiling. Stairs to FIRST FLOOR ACCOMMODATION with understairs storage cupboard. Amtico flooring. Doors to:

LOUNGE 19 7' x 11 5' (5.97m x 3.48m) Coved and skimmed ceiling. UPVC double glazed sash window, with plantation shutters, to front aspect. UPVC double glazed French style doors to SUN ROOM. Two radiators. Amtico flooring.

SUN ROOM 11 3' x 9 4' (3.43m x 2.84m) Part brick, part uPVC double glazed room with bi-folding door to rear aspect. UPVC double glazed window to side aspect. Obscure uPVC double glazed door to side aspect. Tiled floor with underfloor heating.

GROUND FLOOR CLOAKROOM 5 2' x 3 5' (1.57m x 1.04m) Skimmed ceiling. Obscure window to front aspect. Two piece white suite comprising close coupled w/c and vanity mounted hand wash basin with chrome mixer tap. Part tiled walls. Radiator. Amtico flooring.

KITCHEN/DINER 23 6' x 12 1' reducing to 9 5' (7.16m x 3.68m > 2.87m) Skimmed ceiling with spotlight insets. Obscure uPVC double glazed window to rear aspect. Further uPVC double glazed window, with plantation shutters, to front aspect. Range of base, eye level and floor to ceiling units with quartz working surfaces and matching upstands. Glass splashbacks. Inset ceramic one and a half bowl sink with free standing mixer tap. Inset Neff electric hob with extractor hood over. Built in twin Neff electric ovens. Two integrated fridge/freezers. Integrated microwave. Matching island with storage cupboards under and wine fridge to remain. Tiled floor with underfloor heating.

UTILITY ROOM 8 9' x 6 3' (2.67m x 1.91m) Skimmed ceiling with spotlight insets. Range of base and eye level units including tall, built in broom cupboard, with quartz working surfaces. Inset stainless steel sink with chrome mixer tap. Space for washing machine. Space for tumble dryer. Radiator. Tiled floor.

FIRST FLOOR LANDING Coved and skimmed ceiling. UPVC double glazed window, with plantation shutter, to front aspect. Stairs to SECOND FLOOR ACCOMMODATION. Radiator. Doors to:

BEDROOM ONE 11 8' x 11 4' (3.56m x 3.45m) Coved and skimmed ceiling. UPVC double glazed window, with plantation shutter, to front aspect. Built in mirror fronted wardrobes. Radiator. Door to:

ENSUITE 8 3' x 5 8' (2.51m x 1.73m) Skimmed ceiling with spotlight insets. Obscure uPVC double glazed window to side aspect. Three piece white suite comprising close coupled w/c, wall mounted hand wash basin and double shower cubicle. Two built in storage cupboards. Tiled walls. Tiled floor.

BEDROOM TWO 9 9' x 9 4' (2.97m x 2.84m) Skimmed ceiling. UPVC double glazed window, with plantation shutters, to rear aspect. Built in storage cupboard. Radiator.

BEDROOM THREE 9 4' x 7 7' (2.84m x 2.31m) Coved and skimmed ceiling. UPVC double glazed window, with plantation shutters, to front aspect. Built in storage cupboard. Radiator.

FAMILY BATHROOM 9 2' x 4 8' (2.79m x 1.42m) Skimmed ceiling with spotlight insets. Obscure uPVC double glazed window, with plantation shutters, to rear aspect. Three piece white suite comprising close coupled w/c, wall mounted hand wash basin and panelled bath with shower over. Designer towel rail. Tiled walls. Tiled floor.

SECOND FLOOR LANDING Skimmed ceiling with loft access hatch. Built in eaves storage cupboard. Radiator. Door to:

BEDROOM FOUR 12 4' x 11 9' (3.76m x 3.58m) Skimmed ceiling. Velux double glazed window to front aspect. Two eaves storage cupboards. Radiator.

BEDROOM FIVE/STUDY 12 7' x 6 8' (3.84m x 2.03m) Skimmed ceiling. UPVC double glazed window, with plantation shutters, to front aspect. Two eaves storage cupboards. Radiator.

SNUG 10 3' x 4 5' (3.12m x 1.35m) Skimmed ceiling. Two eaves storage cupboards running full length on both sides. Currently used as a gaming room.

SHOWER ROOM 8 1' x 5 4' (2.46m x 1.63m) Skimmed ceiling with spotlight insets. Obscure Velux window to rear aspect. Three piece white suite comprising close coupled w/c, pedestal mounted hand wash basin and shower cubicle. Chrome heated towel rail. Tiled floor.

OUTSIDE OF PROPERTY: To the FRONT of the property is a garden area with established flower beds, hedging and pathway to front door. Independent driveway providing off street parking for numerous vehicles and access to DOUBLE GARAGE.

The private REAR GARDEN measures approx. 45 and commences with paved terrace leading to lawn with mature borders and nature strip backdrop to the side.

DOUBLE GARAGE 18 7' x 16 8' (5.66m x 5.08m) Two up and over doors. Power and lighting. Door to side providing access to REAR GARDEN.

Features
  • Freehold

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 580200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 17500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 55200
  • Mortgage Interest
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    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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Final Property Value

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