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1 The Green, E4 7ES
£270,000 Guide Price
Bedrooms
Bathrooms
Reception
This two-bedroom flat is situated on the second floor of a two storey building, offering a comfortable living space in a convenient location. The property features a spacious reception room, perfect for relaxation and entertainment. The separate modern kitchen is well-equipped, providing ample space for meal preparation.
The flat includes two well-sized bedrooms, offering plenty of natural light and space for storage. The bathroom is fitted with a bathtub and shower, ensuring convenience for daily routines. Double glazing throughout the property enhances energy efficiency and noise reduction, while gas central heating provides warmth during colder months.
Residents will appreciate the access to communal gardens, offering a pleasant outdoor space for leisure activities. There is also the added benefit of a car park space, accessed from the back of the building via gates. The property is located close to local amenities, ensuring that shops, restaurants, and services are within easy reach. Additionally, the flat benefits from excellent transport links, conveniently located between Ilford and Barking Station with access to Elizabeth line from Ilford Station and transport links to London Bridge and to central London from Barking Station making commuting straightforward and efficient.
Ilford is a vibrant area with a variety of amenities, including shopping centres, parks, and cultural attractions. The propertys location provides easy access to public transport, connecting residents to the wider London area.
This flat is an excellent opportunity for those seeking a well-located home with modern features and convenient access to both local amenities and transport options.
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.
1 The Green, E4 7ES
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