4 bedroom semi-detached for sale

£875,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

GUIDE PRICE ''' 875,000 - 925,000 ''' Nestled on the prestigious Lord Avenue in Clayhall, this charming semi-detached family home offers a perfect blend of comfort and potential. With three spacious reception rooms, this property provides ample space for both relaxation and entertaining. The four well-proportioned bedrooms ensure plenty of room for family members or guests, while the two modern bathrooms add convenience to daily living. Situated in a desirable location, the home is just a stones throw away from the beautiful Clayhall Park, making it an ideal spot for families who enjoy outdoor activities. The property is also within the catchment areas for Park Hill Primary and Beal High School, which are highly regarded educational institutions, adding to the appeal for families with children. Moreover, this semi-detached house presents further potential for extension, allowing you to tailor the space to your specific needs and preferences. The possibilities are endless, whether you envision expanding your living area or creating a dream kitchen. In summary, this property on Lord Avenue is not just a house; it is a family home with the potential to grow and adapt to your lifestyle. Its prime location, spacious interiors, and excellent local schools make it a fantastic opportunity for those looking to settle in a vibrant community.

Entrance Porch - 2.36m x 0.81m (79 x 28) - UPVC double glazed leaded light style doors with fixed sidelights and fanlights, tiled floor, double glazed window to flank, obscure multi glazed wooden door with obscure fixed sidelights and fanlight to:

Entrance Hall - 5.61m x 2.03m (185 x 68) - Stairs to first floor with storage cupboard under, double radiator, spotlights to ceiling, wood strip flooring, doors to:

Cloakroom - 1.68m x 0.76m (56 x 26) - Close coupled wc with hand held spray, wash hand basin with mixer tap, heated towel rail, tiled floor, spotlights to ceiling, extractor fan.

Reception One - 5.31m into bay x 3.56m (175 into bay x 118) - Five light leaded light style double glazed bay with fanlights over, wood strip flooring, feature fireplace surround, coved cornice, double radiator.

Extended Reception Two - 7.06m x 4.04m to extremes (232 x 133 to extremes - Wood strip flooring, coved cornice, two double radiators, two wall light points, double glazed double doors with fixed sidelights to rear garden, door to:

Extended Kitchen/Diner - 5.18m x 4.09m (17 x 135) - Range of wall and base units, Quartz working surfaces, cupboards and drawers, feature island with Quartz working surface, inset sink unit with mixer tap, two double ovens with extractor hood over, integrated microwave and coffee machine, integrated fridge/freezer, washing machine and dishwasher, concealed lighting, spotlights to ceiling, feature hanging lights, tiled floor, vertical wall mounted radiator, double glazed bi folding doors leading to rear garden.

Additional Reception Room/Office - 4.67m x 2.49m (154 x 82) - Three light leaded light style bay with fanlights over, double radiator, wood strip flooring, spotlights to ceiling.

First Floor Landing - Wood strip flooring, spotlights to ceiling, access to loft, airing cupboard housing boiler, doors to:

Bedroom One - 5.03m into bay x 3.51m (166 into bay x 116) - Five light leaded light style bay with fanlights over, fitted wardrobes to one wall with high level storage and concealed lighting.

Bedroom Two - 4.78m into bay x 3.58m (158 into bay x 119) - Five light double glazed bay with fanlights over, wood strip flooring, spotlights to ceiling, double radiator, door to:

Ensuite Shower Room - 2.03m x 2.03m (68 x 68) - Double walk-in shower cubicle with mixer tap, hand held shower unit, shower attachment, rainforest shower head and glazed doors, vanity unit with wash hand basin and mixer tap, close coupled wc with hand held spray, tiled walls, tiled floor, heated towel rail, spotlights to ceiling, extractor fan, obscure double glazed window with fanlight over.

Bedroom Three - 3.96m x 2.49m (13 x 82) - Three light leaded light style double glazed bay with fanlights over, double radiator, wood strip flooring, spotlights to ceiling.

Bedroom Four - 2.97m x 2.03m (99 x 68) - Three light leaded light style double glazed window with fanlights over, wood strip flooring, double radiator.

Bathroom/Wc - 2.34m x 1.96m (78 x 65) - Panel enclosed bath with mixer tap and hand held shower attachment, low level wc, bidet, vanity unit with wash hand basin and mixer tap, double radiator, tiled walls, tiled floor, obscure double glazed window with fanlight over, coved cornice.

Rear Garden - Patio area, outside light, outside tap, shed on handstand, remainder laid to lawn, pedestrian side access.

Front Garden - Providing OFF STREET PARKING for multiple vehicles.

Council Tax - London Borough of Redbridge - Band G

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

£ 724575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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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
    £ 21875
  • 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

£ 68325
  • 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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