Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£650,000
Bedrooms
Bathrooms
STUNNING TWO BEDROOM FREEHOLD HOUSE IN GATED MEWS WITH PRIVATE GARDEN.
A sought after location in gated development, a beautiful modern, freehold two-bedroom house with ample storage, set in a gated mews close to the green spaces of Mile End and Victoria Park and the well-connected Mile End Station.
The open plan bottom floor offers an open plan lounge, kitchen-dining area the perfect space for entertaining. Especially in the Summer months when you want to wine and dine your friends Alfresco! The upstairs consists of two good sized bedrooms and a bathroom, well decorated so you can move straight in and relax!
The property offer a private front garden area where you can relax and entertain with family or friends.
The current owners says:
'This home has been a true sanctuary for usa calm and peaceful space that offers welcome relief from the fast pace of city life. Nestled so close to the energy of Central London, its been the perfect place to unwind and recharge.
Weve especially loved having Tower Hamlets Cemetery Park right on our doorstep. Its a unique green space thats become part of our daily routinewhether its walking the dog, chatting with other local dog owners, or attending one of the many community events like guided tours, childrens workshops or summer fairs. Its a real hidden gem.
The location couldnt be better, with an abundance of great places nearby. Victoria Park Village, Broadway Market, Wapping, Columbia Road Flower Market, Brick Lane and Hackney Wick are all just a short walk or cycle away. Whether youre into food, culture, or simply enjoying a weekend stroll, theres always something to do.
What makes this home truly special, though, is the sense of community. The neighbours are incredibly friendly and supportivesomething thats hard to come by in London. Its a place where people look out for each other and make you feel genuinely welcome.
Although were excited about our next chapter, well deeply miss this warm and characterful home, along with the wonderful neighbourhood that surrounds it. Were certain the next owners will fall in love with it just as we didand will create many happy memories here for years to come.'
Mile End Underground Station is 0.4 miles and the local transport routes are close by.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
