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£700,000 Guide Price
Bedrooms
Bathrooms
Welcome to Goodmayes Lane, where a stunning three bedroom, two -bathroom double fronted house awaits its new owners. This beautiful property is nestled in a sought-after location, offering a perfect blend of comfort, convenience, and accessibility. This residence is an ideal family home for someone looking at the potential to extend as their family is growing or have parents that live with them.
Boasting a fitted kitchen, this property is designed for modern living, with a spacious driveway providing convenient off-road parking. Situated in proximity to an array of amenities, residents can enjoy the ease of having shops, supermarkets, and restaurants mere kilometres away. The closest bus stop, Seven Kings, Chester Road (0.62km), and the Goodmayes railway station (0.45km) offer seamless connectivity for commuters.
For families with young children, the proximity to renowned schools presents an unparalleled advantage. Additionally, the property is within close distance to colleges and universities,ensuring educational opportunities are within easy reach.
Furthermore, this residence is conveniently located near healthcare facilities, pharmacies and fitness clubs, providing a well-rounded lifestyle for its residents. The nearby attractions, parks, and recreational areas offer ample opportunities for leisure and relaxation.
With its close proximity to essential amenities and educational institutions, this property presents an exceptional opportunity for families and investors seeking a home in a vibrant and prosperous area. Dont miss the chance to embrace this fantastic offer and make this house your new home!
Ground Floor -
Through Lounge: 7.13m x 3.38m (234' x 111')
Reception Two/Bedroom Four: 4.83m x 3.43m (1510' x 113')
Kitchen: 3.47m x 3.10m (114' x 102')
Conservatory: 6.07m x 3.30m (1910' x 109')
Utility Room: 2.21m x .124m (73' x .469')
Bathroom:
Cellar:
First Floor -
Bedroom 1: 4.98m x 3.59m (164' x 119') leads to a walking in wardrobe/storage area
Bedroom 2: 4.57m x 3.42m (1411' x 112')
Bedroom 3: 3.43m x 2.99m (113' x 99')
Shower Room: 2.38m x 1.48m (79' x 410')
Stairs To Loft -
Loft Room: 7.53m x 3.14m (248' x 103')
Exterior -
Garden: Patio area leading to a laid lawn with mature shrubs and tree borders. The property also houses two brick built outbuildings to the rear.
Front: The drive is fully tarmacked offering off street parking for up to three cars
Please Note: All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply they are necessarily in working order or fit for the purpose. Buyers are advised to obtain verification from their solicitors as to the Freehold/Leasehold status of the property, the position regarding any fixtures and fittings and where the property has been extended/converted as to Planning Approval and Building Regulations compliance. These particulars do not constitute or form part of an offer or contract, nor may they be regarded as representations. All interested parties must themselves verify their accuracy. Where a room layout is included this is for general guidance only, it is not to scale and its accuracy cannot be confirmed This property comes with an allocated parking space via secure remote control sliding gates. Please note the Owners have secured a 2nd parking space within this building, and this might be available to you. Communal Outside Space This property has the benefit of access to a large open space which has some trees and mainly paved.
Map location is not available for this 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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