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£1,750,000
Bedrooms
Bathrooms
OFFERS IN THE REGION OF 1,750,000 ...
QUIET CAMPAIGN TO FIND A BUYER PRIOR TO COMPLETION.
A fully refurbished Victorian Terraced house that has been completely remodelled and refurbished to provide 5 or 6 bedrooms, 1 or 2 large through reception rooms, bright kitchen/diner, utility room, three full bathrooms and masses of storage.
Full refurbishment to include new heating, roof, electrics, flooring, kitchen, bathroom, plastering, repointing, extensions and everything else.
It is located in a prestigious area of Clapton, located just a 20 second walk to Millfields Park well-loved for its mixed age play area, sports facilities and large open spaces ideal for family walks and picnics. Clapton Pond, with its beloved amenities is just a short walk in the opposite direction, great for grabbing a coffee or organic produce.
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 a 7 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. Get in touch to book your viewing prior to full launch with Aaron.
OFFERS IN THE REGION OF 1,750,000
VIEWINGS AVAILABLE NOW PRIOR TO FULL LAUNCH SEPTEMBER 2024
FREEHOLD
FULL VIDEO AND GUIDED TOUR TO BE RELEASED UPON FINISH EARLY SEPTEMBER
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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