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£900,000 Guide Price
Bedrooms
Bathrooms
Nestled in the Medway Conservation Area on the sought-after Arbery Road, this delightful three-bedroom Victorian house presents an exciting opportunity for those looking to create their dream home. Retaining much of its original character, this property is brimming with potential, requiring modernisation throughout to restore it to its former glory.
Offering generous living spaces across two floors, the house includes three well-proportioned bedrooms, providing ample room for a growing family or the flexibility to create a home office or guest room.
With scope to extend or reconfigure (subject to planning permission), the property offers the possibility to increase living space further.
The private rear garden provides a blank, perfect for creating an outdoor retreat.
Situated on Arbery Road, the property benefits from a quiet residential setting while being within easy reach of Bow Road and Mile End tube stations, offering excellent transport links to the City and beyond.
The vibrant neighbourhood of Bow offers a range of local amenities, including shops, cafes, and green spaces such as Victoria Park, all within walking distance.
This property is ideal for buyers with vision, looking to put their stamp on a characterful home in a prime East London location. With its potential for modernisation, this Victorian house could be transformed into a stunning residence that perfectly blends period elegance with modern living.
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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