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£650,000
Bedrooms
Bathrooms
Substantial freehold building set in a prime Leyton location, perfectly positioned for transport links and the vibrant amenities of Capworth Street. This versatile mixed use property provides an exceptional opportunity for both investors and owner occupiers seeking multiple income streams under one title.
The ground floor features a prominent shop front currently arranged as a well established barbers, offering strong visibility and footfall. To the rear sits a self contained studio flat with shower room, ideal for rental or staff accommodation. The upper floor comprises of a spacious two bedroom apartment benefitting from a bright kitchen, well proportioned bedrooms and additional loft space with storage.
The location is one of the propertys strongest assets. Positioned between Leyton and Walthamstow, Capworth Street enjoys a vibrant community atmosphere with a mix of independent shops, cafs, amenities and services right on the doorstep. Abbotts Park and Jack Cornwall Park are moments away, offering green open spaces for recreation, while transport links are exceptional. Leyton Station (Central Line), Leyton Midland Road (London Overground) and excellent bus routes provide fast connections into Stratford, the City and beyond, making this an attractive location for both residents and tenants. Local schools, everyday conveniences and the popular Leyton High Road are all within easy reach.This is a superb opportunity to secure a freehold building with excellent potential in a sought after E10 location.
Viewings are highly recommended, call Bairstow Eves today to book your slot.
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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