3 bedroom terraced for sale

£795,000 Offers in excess of

3

Bedrooms

1

Bathrooms

Floorplan

Situated in the heart of the sought-after Leytonstone area, this elegant Edwardian residence showcases impeccable charm and character throughout. This property has been meticulously maintained to preserve its original period features, offering a glimpse into the past while providing all the modern comforts for contemporary living.

As you step inside, you are greeted by the warmth of authentic wooden flooring that runs seamlessly throughout the home, complementing the high ceilings that create an airy and spacious ambience. The main floor of the house boasts a well-designed layout, with a generously sized living room, ideal for relaxing or entertaining guests. The separate dining area provides a perfect setting for intimate gatherings and family meals.

The residence comprises three spacious bedrooms, each offering a tranquil retreat from the hustle and bustle of daily life. The family bathroom is a sophisticated haven, featuring ample natural light and a free-standing cast iron bath-tub, adding a touch of luxury to your daily routine.

One of the standout features of this property is the expansive loft space, presenting the opportunity for further development, subject to planning permission. This versatile area could be transformed into a home office, additional living space, or even a guest suite, offering endless possibilities to customise the home to suit your needs.

Outside, the property benefits from a private rear garden, providing a secluded outdoor space to enjoy al fresco dining, gardening, or simply basking in the sunshine. The garden is a peaceful oasis in the heart of the city, offering a tranquil escape from urban life.

Conveniently located near Leytonstone Tube Station, commuting to central London and beyond is a breeze, making this property ideal for those who require easy access to transport links. Additionally, the proximity to local amenities, reputable schools, and a variety of shops and restaurants ensures that all your daily needs are met within easy reach.

In summary, this Edwardian residence is a rare gem that seamlessly blends timeless elegance with modern convenience. With its preserved original features, spacious living areas, and endless potential for customisation, this property offers a unique opportunity to create the home of your dreams in a prime location.

Viewings are highly recommended to fully appreciate all that this property has to offer.
EPC Rating: C

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

£ 658575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 19875
  • 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

£ 62325
  • 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

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£
  %

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

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  %

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

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