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294 Heathway, RM10 8LU
£800,000 Guide Price
Bedrooms
Bathrooms
Reception
Preston Road SS0 7NB
Ramsey Moore of Westcliff-On-Sea are very excited to offer for sale this truly incredible four bedroom detached family home situated in the heart of Westcliff-On-Sea. This stunning home has been beautifully maintained by the current owners. Offering: five reception rooms, bathroom, shower room , cloakroom plus a large loft room with potential for a further bedroom and en-suite (subject to planning and building regulations). With its grand landing and staircase you will be blown away with the true beauty of this property. The current owners have landscaped the rear garden making it the perfect outdoor retreat. The property also has dual heating circuits for separate control of the ground and first floors together with a mains fed hot water tank providing mains pressure hot water throughout the property.
Please see a note from the current owner.
Our move to Westcliff on Sea was driven by a desire to be close to the sea whilst still having an easy commute into London. The property has met that requirement and so many more
We are less than a 5 minute walk to Westcliff station (about 50 minutes into Fenchurch Street station) and just around the corner from the many cafes, restaurants, bars and shops on Hamlet Court Road. Its a 10 minutes walk to two excellent theatres (Cliffs Pavilion and the Palace Theatre) with a fantastic selection of shows and concerts (including many top names) and less than 20 minutes walk into Southend on Sea providing a good range of shops, restaurants, a cinema and of course, the longest pleasure pier in the world! Its lovely to have a base with so much on the doorstep and all of it so easily accessible on foot.
Guide Price 800,000 to 820,000 SOLD OFF MARKET. PLEASE CALL RAMSEY MOORE FOR A FREE VALUATION.
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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