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£700,000 Guide Price
Bedrooms
Bathrooms
Nestled in the sought-after area of Hillington Gardens, Woodford Green, this charming three-bedroom semi-detached home offers many character features, spacious, light-filled living accommodation and excellent potential for future development (subject to planning permission).
The ground floor welcomes you with an entrance porch leading into a central hallway with stairs to the first floor. Two generous reception rooms provide flexible living and dining spaces, complemented by a practical galley kitchen and a convenient ground floor cloakroom.
Upstairs, the property boasts two well-proportioned double bedrooms, and a single bedroom, a family bathroom, and a separate WCperfect for busy households.
Externally, the home benefits from an attached garage to the side, an enclosed area beyond, and off-street parking to the front. The rear garden features a charming crazy-paved patio area leading to a well-maintained lawn with a garden shed, ideal for outdoor entertaining or family relaxation.
Ideally located within walking distance of South Woodford Station and benefiting from excellent transport links via the A406 and M11, this home also sits within the catchment for reputable primary and secondary schoolsmaking it perfect for families and commuters alike.
Viewings are highly recommended to appreciate the size, potential, and location this property has to offer.
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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