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742 High Road, London
£700,000 Offers over
Bedrooms
Bathrooms
Nestled in a sought-after location, this stunning 5 bedroom semi-detached house offers an exceptional living experience. Boasting 5 generously sized bedrooms, two modern bathrooms, and a convenient downstairs WC, this property is perfect for families seeking space and comfort. The thoughtful addition of an outbuilding that can serve as a home gym or studio provides endless possibilities for customisation. The well-maintained garden offers a tranquil retreat, ideal for outdoor dining and relaxation. With a garage, off-street parking, and CCTV security system in place, convenience and safety are guaranteed.
Step outside to discover the enchanting outside space that this property has to offer. Embrace the allure of the lush garden with its vibrant flora, a perfect setting for outdoor gatherings or a peaceful escape from the hustle and bustle of every-day life. The garage provides ample storage space for all your necessities, while off-street parking ensures that you never have to worry about finding a spot for your vehicles. Located within walking distance to popular schools and the esteemed Ilford Grammar School, this property offers a harmonious balance of tranquillity and convenience, making it a truly exceptional find in the heart of the community.
EPC Rating: D
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.
742 High Road, London
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