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£1,250,000
Bedrooms
Bathrooms
LARGE THREE/FOUR DOUBLE BEDROOM DOUBLE FRONTED HOUSE | ONE/TWO LARGE & BRIGHT RECEPTION ROOMS | REFURBISHED THROUGHOUT | SPACIOUS ROOMS WITH HIGH CEILINGS | HIGH SPECIFICATION FINISHES | DUAL ASPECT KITCHEN DINER LEADING TO GARDEN | MASTER BEDROOM WITH EN-SUITE | ADDITIONAL FIRST FLOOR FAMILY BATHROOM | GROUND FLOOR W/C | CLOSE TO MILLFIELDS PARK & CLAPTON POND | CHAIN FREE SALE...
A double fronted Victorian house that has been refurbished in recent years to provide 3 or 4 bedrooms, 1 or 2 large reception rooms, separate kitchen/diner, ground floor W/C, two bathrooms (one of which is en-suite) and masses of storage. The garden currently features decking throughout, but is sizable to create different sections for entertaining and grass area if required.
Decorated in neutral tones, ready for the buyer to put their own mark on, the property is move in ready and available to purchase chain free. Other benefits include high ceilings, a gorgeous stained glass window, double glazing, gas central heating through a combi-boiler, kerb appeal and on street permit parking.
There is potential to extend to the rear and into the loft (STPP) to reflect which neighbours have done. With the property being on a wide plot, the additional space added can provide a few more bedrooms and bathrooms.
It is located in a prestigious area of Clapton, located between Hackney Downs and Millfields Park, both well-loved for their mixed age play areas, sports facilities and large open spaces ideal for family walks and picnics. Lower Clapton, with its diverse amenities is just a 10 second walk, great for grabbing a coffee, organic produce or eating at some of Hackneys finest spots such as Lucky and Joy or My Neighbours the Dumplings.
Liverpool Street is under 20 minutes away from leaving the door to getting to the station, with the Overground from Clapton taking just 9 minutes with an 8 minute walk.
There are numerous outstanding schools nearby from nursery ages all the way to sixth form/ college, ensuring this area is family friendly. The above open spaces, schools and excellent amenities are why this area has flourished into a hot spot for so many residents.
This home will suit an array of buyers looking for a move-in-ready home that is in a great location, of great proportions throughout and one that looks stunning whilst being practical and homely.
FREEHOLD
VIDEO TOUR AVAILABLE UPON REQUEST
COUNCIL TAX BAND D
Please note: Furnishings have been added to images.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £5,405.84
Total Interest: £696,100.89
Overall Total: £1,946,100.89
Amortization For Monthly Payment: £5,405.84 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £39,631.98 | £25,238.05 | £1,224,761.95 |
| 2026 | £38,812.41 | £26,057.62 | £1,198,704.33 |
| 2027 | £37,966.23 | £26,903.80 | £1,171,800.52 |
| 2028 | £37,092.56 | £27,777.47 | £1,144,023.06 |
| 2029 | £36,190.53 | £28,679.50 | £1,115,343.56 |
| 2030 | £35,259.21 | £29,610.82 | £1,085,732.74 |
| 2031 | £34,297.64 | £30,572.39 | £1,055,160.35 |
| 2032 | £33,304.85 | £31,565.18 | £1,023,595.17 |
| 2033 | £32,279.81 | £32,590.22 | £991,004.95 |
| 2034 | £31,221.49 | £33,648.54 | £957,356.41 |
| 2035 | £30,128.81 | £34,741.22 | £922,615.19 |
| 2036 | £29,000.64 | £35,869.39 | £886,745.80 |
| 2037 | £27,835.83 | £37,034.20 | £849,711.60 |
| 2038 | £26,633.20 | £38,236.83 | £811,474.77 |
| 2039 | £25,391.52 | £39,478.51 | £771,996.26 |
| 2040 | £24,109.51 | £40,760.52 | £731,235.73 |
| 2041 | £22,785.87 | £42,084.16 | £689,151.58 |
| 2042 | £21,419.25 | £43,450.78 | £645,700.80 |
| 2043 | £20,008.25 | £44,861.78 | £600,839.01 |
| 2044 | £18,551.43 | £46,318.60 | £554,520.41 |
| 2045 | £17,047.30 | £47,822.73 | £506,697.68 |
| 2046 | £15,494.33 | £49,375.70 | £457,321.98 |
| 2047 | £13,890.92 | £50,979.11 | £406,342.88 |
| 2048 | £12,235.45 | £52,634.58 | £353,708.30 |
| 2049 | £10,526.22 | £54,343.81 | £299,364.49 |
| 2050 | £8,761.49 | £56,108.54 | £243,255.95 |
| 2051 | £6,939.44 | £57,930.59 | £185,325.36 |
| 2052 | £5,058.23 | £59,811.80 | £125,513.57 |
| 2053 | £3,115.93 | £61,754.10 | £63,759.47 |
| 2054 | £1,110.56 | £63,759.47 | £0.00 |
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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Sun Jun 01 2025
All confirmed! We look forward to speaking with you.
Sun Jun 01 2025
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