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£850,000
Bedrooms
Bathrooms
Key features:
Detached House
Four Bedrooms
Lounge/Diner
Two Bathrooms
Off Street Parking
Integral Garage
Viewing Advised
Close to Redbridge and Ilford Station
Offered with No Onward Chain
Quite Residential Area
Full description
Tenure: Freehold
Bairstow Eves are pleased to offer this fully detached residence within this popular turning in North Ilford bordering the Cathedral Estate.
The property is offered CHAIN-FREE and offers lounge/diner, cloakroom and kitchen on the ground floor.
On the first floor there are four bedrooms, one bedroom with en-suite shower room and family bathroom.
Externally there is a private rear garden and to the front there is access to integral garage and off-street parking.
Situated in North Ilford, within walking distance to Highlands Junior School and Wanstead Park.
The location is prime for excellent Primary / Secondary Schools and transport links with Redbridge, Gants Hill and Ilford Stations all within easy access, making this a perfect property for all the family.
In addition to easy access to A12 & the A406.
Ilford Station is within 1.1 mile of this property & Redbridge Station is within 0.5 miles.
Please call our Sales Team 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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