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713 Cranbrook Rd, Ilford, IG2 6RJ
£675,000 Guide Price
Bedrooms
Bathrooms
Reception
GUIDE PRICE - 675,000 to 725,000.
A spacious and well-presentedFive-Bedroom family homelocated on a popular residential road inClayhall.
The property comprises of open plan dining area, large kitchen, additional reception room providing flexible living and entertaining areas, along with a fitted kitchen that opens onto a well-maintained private rear garden, perfect for family use and outdoor entertaining.
Accommodation includes five well-sized bedrooms and two bathrooms, offering ample space and comfort for larger households. Additional benefits include off-street parking to the front of the property, ensuring convenience and ease of access.
Ideally located close to a range of local amenities, reputable schools, parks, and excellent transport links, this home combines space, location, and practicality.
Council Tax Band D & EPC Rating D. Possible Loft Extension (STPP).
No Forward Chain.
All information is provided in good faith byCranbrook Lettingsand is believed to be accurate at the time of publication. However, no representation or warranty is made as to the accuracy, completeness, availability, or condition of the property. Prospective tenants are advised to conduct their own independent enquiries prior to entering into any agreement.
Property Disclaimers: The images above or video sent may not be a true likeness of the House / apartment and are for illustration purposes only. Even though you can view a property virtually or via video, we highly recommend that you actually view the property in person.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. Please note that a sale cannot be formally agreed, and a memorandum of sale cannot be issued, until all parties have provided valid identification and the verification process has been successfully completed.
An internal viewing is highly recommended. Contact us to arrange a viewing.
https://vr.photoplan360.com/751a034d-7126-417c-b97a-4fa625a2d4ea?type=compact
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.
713 Cranbrook Rd, Ilford, IG2 6RJ
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