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£1,200,000
Bedrooms
Bathrooms
A Charming Double Fronted Five Double Bedroom Semi-Detached Period Home.
Prepare to be impressed by this beautifully characterful five double bedroom period property, ideally located on the highly sought-after Sprowston Road in the heart of Forest Gate. Bursting with original features and offering a wealth of space and potential, this impressive home is perfect for families and buyers looking to create their dream home in one of E7s most desirable neighbourhoods.
The property boasts five extremely large bedroom, five reception rooms. Kitchen area with conservatory, which leads directly onto a large private garden, ideal for relaxing or entertaining which offers further development potential.
While the expansive cellar offers fantastic potential for development, storage, or conversion (subject to planning). Upstairs, youll find Five spacious double bedrooms, a family bathroom and an additional a sizable utility/kitchen area, all retaining the period charm that runs throughout the home including beautiful fireplaces, high ceilings, and original detailing. Additionally, there is a first-floor bathroom, ground floor shower and w.cs on each floor. Theres also excellent scope to extend or reconfigure with a sizable loft room which is ripe for conversion, making this a rare opportunity to tailor a home to your exact needs.
Situated just a short walk from Forest Gates excellent transport links (including the Elizabeth Line), local shops, cafes, parks, and outstanding schools, this is a truly enviable location for family life and commuter convenience.
Key Features:
' Five generous double bedrooms
' Five reception rooms
' Conservatory leading to large private rear garden
' Kitchen and separate utility room
' Substantial development potential
' Period features throughout, including original fireplaces
' Prime Forest Gate location close to amenities and transport
' Excellent potential to extend (STPP)
' Off Street Parking
' Sizable Loft Area
Early viewing is highly recommended to fully appreciate the charm, space, and future potential of this beautiful period home.
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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