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£760,000 Guide Price
Bedrooms
Bathrooms
''''''NO CHAIN''''''
A beautiful and rare to the market five-bedroom terraced house situated on Deanery Road in the heart of Stratford. This lovely home has been well maintained by the current owners and comprises of a spacious reception room with bay window, second reception room on the rear, large fitted kitchen and W.C on the ground floor. On the first floor you will find three spacious double bedrooms and bathroom with four piece suite. The second floor houses two further bedrooms and a separate shower room. There is a basement area which bristles with potential and is ripe for conversion subject to planning and usual consents. This home benefits from impressive high ceilings, generous garden and is offered to the market with no onwards chain.
Deanery Road is a quiet residential road in the heart of Stratford. Situated moments the Westfield Shopping complex with its array of shops, bars and eateries and Stratford and Maryland Stations which are now served by the new Elizabeth Line. A great location which lends itself to young professionals and families alike with various amenities to serve both groups equally such as cafs, bars and excellent local schools, both primary and secondary. A stones throw from the award winning West Ham Park which has an array of Tennis courts, Kids play areas and natural spaces. A great location which lends itself young professionals and families alike with various amenities to serve both groups equally such as cafs, bars and local schools.
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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