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£490,000 Guide Price
Bedrooms
Bathrooms
Alex Crown are delighted to present for sale this spacious three-bedroom terraced house located on St. Stephens Road, E6. Offering generous proportions throughout and excellent potential, this property is an ideal opportunity for buyers looking to create a family home or investment in a sought-after East London location.
The ground floor comprises a bright and inviting reception room with bay windows, providing ample natural light and a versatile living space. To the rear is a large fitted kitchen with space for dining, leading directly onto a private garden. A basement level offers additional storage or utility potential.
Upstairs, the property offers three well-sized bedrooms, including a spacious master bedroom with bay windows and built-in wardrobes. The family bathroom is positioned on the first floor and features a distinctive corner bath with matching suite.
Externally, the property benefits from a private rear garden, providing an excellent outdoor space for family use, entertaining, or further landscaping.
The property is situated within a residential street close to a variety of local amenities, schools, and excellent transport links, offering easy access into the City and across London.
This house presents an excellent blank canvas for refurbishment and personalisation, with the potential to add significant value.
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.
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