4 bedroom semi-detached for sale

£850,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

''' Guide Price 850,000 - 875,000 ''' Welcome to Hamilton Avenue, Barkingside - A stunning semi-detached house with immense potential! This property boasts 2 reception rooms, 4 bedrooms, and 2 bathrooms, providing ample space for comfortable living. Situated on a substantial corner sited plot, this home offers over 2000sqft of living space, ensuring plenty of room for all your needs. The parking space for multiple vehicles is a rare find in this superb location, making it convenient for you and your guests. One of the most exciting features of this property is the potential to develop further (subject to planning permission), allowing you to customise and expand the house to suit your preferences. Located in a sought-after area, this chain-free property is perfect for those looking to settle in a vibrant community with easy access to amenities and transport links. Dont miss out on this fantastic opportunity to purchase this substantial family home.

Entrance Porch - 2.34m x 0.94m (78 x 31) - Double glazed double doors with sidelights and fanlights over, two wall light points, wood panelled entrance door with obscure sidelight leading to:

Large Entrance Hall - 4.90m x 2.34m (161 x 78) - Wood strip flooring, stairs to first floor, understairs storage cupboard, double radiator, doors to:

Through Lounge - 9.27m into bay x 3.96m (305 into bay x 13 ) - Five light double glazed bay with fanlights over, two double radiators, dado rail, coved cornice, spotlights to ceiling, wood strip flooring, six wall light points, double glazed sliding door with fixed sidelight leading to rear garden.

Extended Kitchen - 6.45m x 4.47m (212 x 148) - Range of wall and base units, working surfaces, cupboards and drawers, one and half bowl stainless steel sink top unit with mixer tap, eye level double oven, electric hob with extractor fan over, plumbing for washing machine, recess for fridge/freezer, tiled walls, tiled floor, spotlights to ceiling, double radiator, double glazed window with fixed sidelight, further two light double glazed window with fanlight over, obscure double glazed door with fanlight over leading to rear garden, bi folding doors leading to reception room.

Cloakroom - 1.85m x 1.68m (61 x 56) - Marble counter tops to vanity unit with wash hand basin and mixer tap, low level wc, double radiator, tiled walls, extractor fan, obscure double glazed window with fanlight over, spotlights to ceiling, marble floor.

Reception Room - 5.61m into bay x 3.78m (185 into bay x 125) - UPVC double glazed door to front garden, three light double glazed oriel bay with fanlights over, double radiator, spotlights to ceiling. Potential to install a staircase to first floor to utilise an Annexe.

First Floor Landing - Doors to:

Bedroom One - 4.88m into bay x 3.43m (16 into bay x 113) - Five light double glazed bay with fanlights over, double radiator, fitted wardrobes to one wall, coved cornice.

Bedroom Two - 3.73m into wardrobe recess x 3.51m (123 into ward - Double glazed window with fanlight over, fitted wardrobes to one wall, double radiator, vanity unit with wash hand basin.

Bedroom Three - 2.49m x 2.36m (82 x 79) - Two light double glazed oriel bay with fanlights over, double radiator, fitted wardrobes, wall light point.

Family Bathroom - 2.44m x 2.44m (8 x 8) - Panel enclosed bath with mixer tap, shower attachment and glazed side screen, vanity unit with wash hand basin and mixer tap, low level wc, storage cupboard, access to loft, double radiator, tiled walls, spotlights to ceiling, obscure double glazed window with fanlight over.

Bedroom Four - 8.03m into bay x 3.76m max (264 into bay x 124 m - Three light double glazed oriel bay with fanlights over, three light double glazed window with fanlights over, two light double glazed window with fanlight over, fitted wardrobes to one wall, spotlights to ceiling, double radiator, door to:

Ensuite Shower Room - 2.46m x 1.47m (81 x 410) - Marble counter tops to vanity wash hand basin with mixer tap, low level wc, shower cubicle with glazed door and electric shower unit, tiled walls, radiator, obscure double glazed window with fanlight over, extractor fan.

Rear Garden - Paved patio area, remainder laid to lawn, mature tree and shrub borders, brick wall surround, outside light, outside tap, pedestrian side access, pedestrian rear access to garage.

Boiler Room - Housing Worcester boiler and gas meters, door to:

Large Attached Garage - 6.55m x 2.87m (216 x 95) - Up and over door, power and lighting.

Front Garden - Paved front garden providing OFF STREET PARKING.

Council Tax - London Borough of Redbridge - Band E

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

£ 703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 21250
  • 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

£ 66450
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message