Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
728a Green Lane, London, RM8 1YX
£425,000 Offers in excess of
Bedrooms
Bathrooms
Reception
Fabulous opportunity to purchase an EXTENDED 3 bedroom family home on the ever popular Mayfair development in Beacontree Heath. The house is located close to local schools, shops and sports centre and is only a short bus journey from Chadwell Heath main line station and high street.
The property has been maintained to a good standard by the current vendors and warrants an early viewing inspection to avoid disappointment.
Sold with NO CHAIN
Property Accommodation and room sizes
Ground Floor
Fully enclosed entrance lobby
Hallway
Lounge /diner 24' x 11'1
Extended kitchen breakfast room 16'5 x 8'6 with further area of 9'1 x 5'7
First Floor
Landing with loft access
Bedroom 1. 12'6 x 10'6
Bedroom 2. 11' x 10'7
Bedroom 3. 6'5 x 6
Bathroom
Exterior
Block paved frontage
Rear garden 46'
Points to note
Gas central heating
Double glazing
Newly fitted Extended kitchen
Solid Wood flooring
Fitted wardrobes
Plumbing installed for ground floor shower room and WC
Block paved frotage giving potential for off road parking ( subject to local authority consent)
Fee applies
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.
728a Green Lane, London, RM8 1YX
The Property has been saved to your favorites
/ 5
It's quick and easy
