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£955,000 Offers in excess of
Bedrooms
Bathrooms
Rarely available CHAIN-FREE three double bedroom Grade II Listed semi-detached house available for sale in a well-sought-after Victorian conversion development formerly part of Wanstead Hospital and the Royal Merchant Seamans Orphanage, dating back to circa 1860s. Many original features such as floor to ceiling sash windows allowing abundance of natural daylight and high vaulted ceilings in bedrooms adding additional character and airiness to the rooms.
This stunning property welcomes you with a large entrance hall, spacious L-shaped lounge and dining area with five massive windows, modern spacious kitchen with integrated Neff appliances, wine cooler, induction hob, quartz worktops and downstairs WC as well as under-the-stairs storage space. First floor comprises of three double bedrooms one of them being En-Suite, spacious family bathroom and additional loft space.
Additional benefits include gas central heating, freehold ownership of the expansive and well-tented South west facing garden shared with adjoining residents and an allocated off-street parking space.
This gorgeous property is ideally positioned within walking distance to Snaresbrook (0.5 miles) and South Woodford (0.6 miles) stations (Central Line) connecting you to Central London, along with the popular Wanstead High Street (0.4 miles) with an array of amenities ranging from local bakeries, boutique shops, cafes, bars and popular Christchurch Green.
Viewing is highly recommended!
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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