5 bedroom semi-detached for sale

£950,000

5

Bedrooms

3

Bathrooms

Floorplan

Arbon & Miller Welcome you to Forest Road - This stunning semi-detached house on Forest Road, Barkingside! This property boasts 3 reception rooms, 5 bedrooms, and 3 bathrooms, providing ample space for comfortable living. One of the standout features of this home is the swimming pool, perfect for relaxing on sunny days or for hosting fun pool parties with friends and family. The large plot offers plenty of outdoor space for gardening, playing, or simply enjoying the fresh air. Convenience is key with parking available for multiple vehicles, making trips out or hosting guests a breeze. The propertys location is ideal, within walking distance to the station, ensuring easy access to transportation links for commuting or exploring the city. For nature lovers, Fairlop Waters is nearby, offering a picturesque escape for leisurely walks or outdoor activities. The propertys imposing presence adds to its charm and character, making it a truly desirable place to call home. Dont miss out on the opportunity to own this impressive property in a sought-after location. Contact us today to arrange a viewing and make this house your new dream home!

Entrance Porch - 1.88m x 1.12m (62 x 38) - UPVC double glazed leaded light style entrance door with intercom, storage cupboard, double glazed door with sidelight leading to:

Entrance Hall - 7.14m x 1.88m (235 x 62) - Stairs to first floor, door to communication cupboard housing fuse box, internet connections, CCTV. Control panel for intercom system, alarm panel. Wood strip flooring, wall mounted vertical radiator, doors to:

Family Room - 5.03m into bay x 3.56m (166 into bay x 118) - Four light leaded light style double glazed bay with leaded light style fanlights over, wood strip flooring, two wall mounted vertical radiators, inset spotlights to ceiling.

Play Room/Office - 3.35m x 2.54m (11 x 84) - Radiator.

Lounge - 5.72m x 4.39m (189 x 145) - Wood strip flooring, two vertical wall mounted radiators, inset spotlights to ceiling, open to:

Conservatory - 3.23m x 2.57m to extremes (107 x 85 to extremes) - Multiple double glazed windows with opening fanlights, double glazed door to rear garden, two wall light points, wood strip flooring, door to:

Kitchen - 5.54m x 3.23m (182 x 107) - Range of wall and base units, working surfaces, cupboards and drawers, integrated dishwasher and washing machine, one and half bowl stainless steel sink top unit with mixer tap, recess for American style fridge/freezer, glass splashbacks, recess for range oven with extractor hood over, inset spotlights to ceiling, tiled floor, double radiator, two light double glazed leaded light style window, UPVC leaded light style double glazed door to rear garden, door to:

Inner Lobby - Inset spotlights to ceiling, wood strip flooring, door to:

Utility Room - 2.03m x 1.55m (68 x 51) - Wood strip flooring, controls for Zoned heating system, plumbing for washing machine, water softener, inset spotlights to ceiling.

Dining Room - 5.56m x 3.28m (183 x 109 ) - Three light leaded light style double glazed oriel bay, two double radiators, inset spotlights to ceiling, wooden flooring.

Shower Room - 2.57m x 0.74m (85 x 25) - Glazed shower cubicle with hand held shower attachment and rainforest shower head over, inset shelving units, vanity unit with wash hand basin and mixer tap, close couple wc, tiled walls, tiled floor, extractor fan, inset spotlights to ceiling.

First Floor Landing - Glass balustrades, double radiator, access to loft, intercom control panel, doors to:

Bedroom One - 5.18m x 3.28m (17 x 109 ) - Three light leaded light style double glazed window with leaded light style fanlights over, fitted wardrobes to one wall with high level storage, double radiator, two wall light points, steps leading to:

Ensuite Shower Room - 2.51m x 1.75m (83 x 59) - Double walk-in shower units with glazed surround, mixer tap and shower attachment, vanity unit with wash hand basin and mixer tap, low level wc, heated towel rail, part tiled walls, double glazed leaded light style window with leaded light fanlights over, coved cornice, inset spotlights to ceiling.

Bedroom Two - 4.50m into bay x 3.73m (149 into bay x 123 ) - Four light leaded light style double glazed bay with leaded light style fanlights over, vertical double radiator, fitted wardrobes to one wall.

Bedroom Three - 4.98m x 2.95m (164 x 98 ) - Two double glazed two light leaded light style double glazed windows with fanlights over, two double radiators, fitted wardrobes to one wall.

Bedroom Four - 3.18m x 3.15m (105 x 104) - Two light leaded light style double glazed window with leaded light fanlights over, double radiator, fitted wardrobes to one wall.

Bedroom Five - 4.39m x 2.31m (145 x 77) - Two light double glazed leaded light style window, double radiator, fitted wardrobes.

Family Bathroom - 2.97m x 2.18m (99 x 72) - Panel enclosed Jacuzzi bath with mixer tap and electric shower over, vanity wash hand basin with mixer tap and tiled splashback, low level wc, part tiled walls, tiled floor, heated towel rail, storage cupboard, inset spotlights to ceiling, obscure leaded light style double glazed fanlight, inset spotlights to ceiling.

Rear Garden - approx 25.91mft (approx 85ft) - Paved patio area, lawn area, pathway leading to rear patio area. Swimming Pool (in need of attention). Outside lights, outside tap. STORAGE ROOM housing plumbing and controls for swimming pool, power and lighting.

Front Garden - Providing OFF STREET PARKING for multiple vehicles. Outside tap.

Council Tax - London Borough of Redbridge - Band F

Agents Note - Arbon & Miller inspected this property and will be only too pleased to provide any additional information as may be required. The information contained within these particulars should not be relied upon as statements or a representation of fact and photographs are for guidance purposes only. Services and appliances have not been tested and their condition will need to be verified. All guarantees need to be verified by the respective solicitors.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 775200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 23750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 62700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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