3 bedroom terraced for sale

£600,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Guide Price 600,000 - 650,000.

Bairstow Eves Leytonstone is excited to present this charming residence on Harrow Road, East London.

Ground Floor: As you enter, youre greeted by a bright and spacious through lounge/dining room, complete with a lovely bay window that fills the space with natural light. The modern fitted kitchen features ample base and wall units, alongside integrated appliances, making it both functional and stylish. Additionally, youll find a convenient three-piece bathroom and useful under-stairs storage.

First Floor: Upstairs, the home boasts three generous double bedrooms, each offering plenty of space and comfort. Theres also a vast loft area that presents an excellent opportunity for future expansion, subject to the usual planning permissions and building regulations.

Outdoor Space: Enjoy a private, low-maintenance rear gardenperfect for relaxation or outdoor entertaining.

Additional Features: This home includes plantation shutters in both the lounge and main bedroom, gas central heating, and double glazing throughout, ensuring comfort year-round.

Location: Ideally situated, youre just a short walk from Leytonstone High Road, where youll find a variety of amenities including popular eateries, supermarkets, bars, and restaurants. Plus, the stunning Wanstead Flats is within walking distance, offering a picturesque setting for leisurely strolls, picnics, and outdoor activities, making it an ideal spot for families and nature lovers alike.

This property is a wonderful opportunity for those looking for a spacious family home in a vibrant and convenient location. Dont miss out!

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 497700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 47700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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