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£1,250,000 Guide Price
Bedrooms
Bathrooms
This charming extended four-bedroom Edwardian semi-detached house is located in the highly sought-after Monkhams Estate, directly opposite Woodford Wells Cricket Club, offering fantastic views of lush greenery from all aspects.
Boasting an abundance of natural light and spacious accommodation throughout, this property blends period character with modern conveniences.
Upon entering, you are greeted by a welcoming entrance hall that leads to two generous reception areas and an extended kitchen breakfast room, complete with a ground-floor cloakroom/Utility room.
The first floor features four double bedrooms, including a master with an en-suite shower, as well as a separate family bathroom.
This home retains many original character features while being thoughtfully modernised throughout with an additional benefit of a cellar.
The Southerly facing rear garden begins with a paved patio leading to an area neatly laid to lawn with mature shrub borders measuring approximately 130ft from the French doors.
There is additional off street parking for two cars to the front aspect.
Conveniently located within walking distance to Woodford Station and the vibrant Woodford High Road and Broadway, this property also benefits from excellent local schooling options, both state and private, as well as easy access to Epping Forest. The property is offered chain-free, viewings are highly recommended to avoid disappointment!
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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