4 bedroom semi-detached for sale

£1,000,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

1350 SQ FT OF INTERNAL SPACE | LARGE OVERALL PLOT SIZE WITH SOUTH FACING GARDEN | 37 X 24 FOOT GARDEN | SEMI DETACHED WITH SIDE ACCESS | FOUR BEDROOMS & FIRST FLOOR BATHROOM | HUGE POTENTIAL TO EXTEND TO REAR, SIDE RETURN AND LOFT (STPP) | GORGEOUS WOODEN FLOORS TO ALL ROOMS | PERFECT FOR A BUYER LOOKING FOR A PROPERTY THEY CAN MAKE THEIR OWN ROOM BY ROOM |CHAIN FREE SALE

GUIDE PRICE 1,000,000 - 1,050,000

OPEN DAY SATURDAY 29TH MARCH BY APPOINTMENT ONLY

A charming, well-kept 1950s semi-detached home, complete with gorgeous original wooden floors, high ceilings and period charm, that will appeal to buyers looking for a substantially sized plot which is move-in-ready whilst having the opportunity to modernise and make it their own home, one room at a time, brilliantly located just a minutes walk from Clapton Station, Outstanding rated schools and Millfields Park.

With 1350 square foot of internal space and a larger than average garden for the area, the property has a large footprint whilst offering some lovely internal features and a fantastic location for both transport, schools and green open spaces.

Comprising a dual aspect through reception room with high ceilings, original thick wooden floors and a large bay window, a spacious kitchen with dual aspect windows facing South and East, a W/C and storage to the ground floor. The upper floor consists of two spacious double bedrooms, two good sized singles and a family bathroom. There is also a front porch and large loft space for storage, ripe to extend (STPP).

The wide and long garden provides a serene space to entertain guest or family to play with clear sight lines from the reception room and kitchen. Whilst being so close to Clapton Station and all of its amenities, the garden is quiet and as it faces south, attracts sunlight from morning to evening.

With the ground floor and first floor being all on one level (no half landings) there is huge potential to remodel the home into a new layout, if required, similar to the neighbours who have extended to the rear and side to create a huge open plan ground floor kitchen / diner / living room facing south with a front sitting room.

Further benefiting from recently installed double glazed windows with internal blinds, secure side access from the front to the garden (shared with neighbour), fully owned solar panels on the roof, a front garden and a 1950s beautiful brick faade. There is permit parking available to the front.

Located in the vibrant and highly desirable Clapton and less than a minutes walk to the nearest amenities the road is well loved by locals for its quick access to Clapton Station, Millfields Park and Outstanding rated schools.

Millfields Park, located at the bottom of the road and less than a minutes walk, offers a variety of amenities. A recently installed childrens play park with sand pit, sports courts, walking routes and conservation areas attract local residents whilst the Lea Canal and path is at the rear offering a real sense of tranquillity.

Nearby schools are rated Outstanding by Ofsted ranging from Primary up to final education including Southwold Primary (0.1miles) and Clapton Girls Academy (0.5miles).

Transportation is likewise excellent, with Clapton overground station providing access to Liverpool Street in approximately 15 minutes door to door.

A combination of the good size and character of the home and local open spaces, schools and excellent amenities are why this home will make an excellent purchase for an array of buyers.

GUIDE PRICE 1,000,000 - 1,050,000


VIEWINGS BY APPOINTMENT ONLY ON SATURDAY 29TH MARCH


FREEHOLD

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message