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713 Cranbrook Rd, Ilford, IG2 6RJ
£545,000 Guide Price
Bedrooms
Bathrooms
Reception
***** CHAIN FREE *****
**** GUIDE PRICE 545,000 - 560,000 *****
Step inside and be greeted by a spacious and light-fillednliving area, perfect for relaxing with family or entertaining guests. Thensleek, open-plan layout seamlessly connects the living room to the kitchen,nequipped with appliances, ample storage space.
The master bedroom is a peaceful retreat, complete withngenerous closet space and large windows that bathe the room in natural light.nTwo additional bedrooms provide versatility and comfort, whether yourenaccommodating family members or transforming the space into a home office or hobby room.
The ground floor offers though Lounge, Home Office/Playroom,nExtended Kitchen Diner and Entrance Hall via separate Entrance Porch. Ground Floor also benefits from Additional toilet. The first floor boasts anMaster Bedroom, Bedroom Two, Bedroom Three and Bathroom/WC.
The interior is complimented by a quite superb maintainednRear Garden with porcelain Tiles and with Detached Garage at rear, and CarnParking Space to front for 2-3 cars.
Council tax Band D
EPC C
Outside, discover a well-maintained garden, ideal forndining, gardening, or simply soaking up the sunshine. With ample space fornoutdoor activities and gatherings, this backyard is sure to be the envy of yournfriends and family.
Located just moments away from local amenities, schools,nparks, and transportation links.
Don't miss your chance, this is a must-see property ofnextremely high standard, and we would recommend contacting our Sales team tonarrange a viewing.
DISCLAIMER: Cranbrook Lettings is the sellers agent for this property. Yournconveyancer is legally responsible for ensuring any purchase agreement fullynprotects your position. We make detailed enquiries of the seller to ensure theninformation provided is as accurate as possible. Please inform us if you becomenaware of any information being inaccurate.
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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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