3 bedroom terraced for sale

£550,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Property Description: Chain-Free Three-Bedroom House on South Well Grove Road, Leytonstone

Welcome to this charming chain-free three-bedroom family home, ideally located on the peaceful South Well Grove Road in Leytonstone, East London. This inviting property offers a perfect blend of modern comforts and classic character, making it an ideal choice for families and professionals alike.

Key Features:

Spacious Layout: The property features a well-designed layout with a modern kitchen positioned at the front, offering ample storage and workspace. The generous reception/lounge area at the rear is perfect for relaxing and entertaining, seamlessly leading onto a delightful rear garden.

Outdoor Oasis: Step outside to your private garden, which includes side access and a brick shed, providing excellent storage options. The garden is an ideal space for outdoor gatherings, gardening, or enjoying peaceful moments in nature.

Three Well-Proportioned Bedrooms: This home boasts three comfortable bedrooms, each with its own charm. The master bedroom offers plenty of natural light, while the additional bedrooms are perfect for children, guests, or as a home office.

Modern Bathroom: The stylish family bathroom features modern fixtures, creating a relaxing space to unwind.

Convenient Location: Situated in a vibrant community, this property is within walking distance of local shops, cafes, and parks. Excellent transport links are available, with Leytonstone Underground Station just a short stroll away, providing easy access to Central London and beyond.

Family-Friendly Environment: The neighborhood is known for its friendly atmosphere and is home to several reputable schools, making it a great choice for families.

With a guide price of 550,000 to 600,000, this lovely three-bedroom house on South Well Grove Road presents an excellent opportunity for anyone looking to settle in the heart of Leytonstone. Dont miss your chance to make this charming property your new home! Contact us today to arrange a viewing.

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

£ 456450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 13750
  • 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

£ 43950
  • 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

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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.

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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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