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£495,000 Offers over
Bedrooms
Bathrooms
'''Mansion Flat - 89.8 Sqm(966 Sq.Ft) of Wanstead Village Living - 0.2 Miles To Wanstead Tube Station(Central Line) - 287 Reception/Kitchen - High Ceilings -Double Glazed Windows - 2 Double Bedrooms - Communal Gardens - Secure, Gated Underground, Residents Only Parking'''
Welcome to this luxurious, two bedroom ground floor, mansion flat set within quiet and serene, St Marys Lodge, Wanstead Village, E11, located 2 minutes walk to Wanstead Tube Station (Central Line), 2 minutes walk to Wanstead High Street, E11
This 966 Sq.Ft home, offers a blend of classic elegance and modern convenience. Boasting spacious living spaces, high ceilings and access to fantastic communal amenities, this property is a true rare gem, the property is ideally located opposite The Green E11 and Draycott Road, Wanstead, E11,
St. Marys Lodge is situated in the sought-after area of Wanstead, E11. It offers a tranquil and family-friendly environment while being well-connected to local amenities and green spaces.
The property benefits from 2 double bedrooms, 287 x 1411 reception room, modern bathroom suite, several internal storage cupboards, secure entry phone system, underground parking, large communal gardens
Accommodation comprises:
Front door opening to large, long hall, door to reception room/ Kitchen, bedroom 1, bedroom 2, bathroom, access to several storage areas,
Reception Room/ Kitchen: 287 x 1411
Bedroom 1: 1411 130
Bedroom 2: 150 x 116
Bathroom: 119 x 65
Communal Gardens to front and rear of building.
Secure underground, parking space.
Lifts to all flood, including the underground parking.
A truly rarely available property, in a fantastic, prime location, corner of St Marys Avenue, E11 and Redbridge Lane West, E11
Contact Bairstow Eves Wanstead to arrange a viewing.
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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