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£600,000
Bedrooms
Bathrooms
Available to view now is this well maintained 3 Bedroom Mid Terrace Home in a popular road in close proximity to Ilford Town Centre.
The property itself is comprised of 2 adjoining reception rooms with doors between offering the ability to open up the space, a separate kitchen and dining room as well as a lean to side extension/utility room including a WC.
The 2nd floor offerings 2 double bedrooms, 1 single bedroom and a family bathroom. The master bedrooms has a partitioned/ multifunction space which could be used an office/study/nursey room. There is also a generously sized garden as well as driveway.
This home is well presented throughout and has been lovingly maintained, it would be a perfect home for a family or an ideal investment in the local area.
By the sellers request, the property will be sold with the entirety of its contents minus a few personal items, any unwanted items will be the buyers responsibility to dispose of.
Ilford Town Centre and Ilford Lane present a diverse array of shopping and dining options, while the nearby green spaces of Barking Park, South Park, and Loxford Park provide ideal retreats for outdoor enjoyment. Families will also benefit from close proximity to the renowned Loxford School of Science and Technology.
Call today to secure a viewing.
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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