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£875,000
Bedrooms
Bathrooms
A rare opportunity to purchase this charming and beautifully presented detached house in the heart of South Woodford!
This stunning home comprises of a welcoming entrance hall leading onto an open-plan living area modern kitchen, utility room, study/bedroom and newly refurbished rear section with underfloor heating comprised of two bedrooms and a shower room. First floor comprises a great size bedroom with walk-in wardrobe, second smaller bedroom and a family bathroom.
Additional benefits include outbuilding that can be used as an additional storage, a gym, or a studio workspace as well as a rear garden, driveway, and EV charging point.
Would suit a family with exceptional schools nearby or city-based couple with easy commute. Property benefits from excellent location, being only 0.4 miles from South Woodford Station (Central Line),Woodford Station
0.8 miles; Snaresbrook Station -1.2 miles and popular George Lane with wide range of shops, cafes, and restaurants as well as within easy reach to A406 and M11 providing easy access out of London for weekend trips. It is exceptionally well located for number of outstanding schools- Woodbridge High School (0.3 miles); Churchfields Infants School (0.3 miles); Churchfields Junior School (0.4 miles); Bancrofts Private School (1.6 miles) and number of other schools. A variety of recreational facilities and Epping Forest are nearby.
Viewing is highly recommended!
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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