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£650,000 Offers over
Bedrooms
Bathrooms
Carter & Willow offer for sale this beautifully presented circa 1862 sq ft 5 bedroom end of terrace house which has been extended and recently modernised to a very high standard. There is an additional one-bedroom annex which is integrated within the main dwelling to include a separate entrance, open plan kitchen/reception and shower room/WC. There is an approx 225 x 155 private rear garden with Pergola, approx 789 x 1410 driveway which allows parking for multiple vehicles and electric charging point. In addition to the integrated annex there is an additional modern style kitchen area, dining room, conservatory, en suite shower room/WC, first floor bathroom, separate W/C, gas central heating and a 7.5KW/h solar plant with a substantial battery making the house self-sustainable for most of the year. The property is located within close walking distance of Barking (District Line) underground station which allows direct access into the city and Barking town centre with all its range of shops and amenities. Three very good Ofsted rated schools are located close by. EPC rating: C. council tax band: C.
Driveway approx 24.00m (78 9') x 4.50m (14 10')
Open plan Kitchen/ living 8.40m (27 8') x 7.30m (24 1')
Conservatory
First floor landing
Bedroom one 5.60m (18 4') x 4.20m (13 9')
En suite shower room/WC
Bedroom two 4.80m (15 9') x 2.80m (9 2')
Bedroom three 4.80m (15 9') x 2.70m (8 9')
Bedroom four 2.80m (9 3') x 2.50m (8 2')
Bathroom
W/C
Annex open plan kitchen/reception 4.80m (15 9') x 2.70m (8 9')
Annex shower room/WC 2.80m (9 2') x 2.50m (8 2')
Private rear garden approx 6.80m (22 5') x 4.70m (15 5')
Consumer Protection
Carter & Willow Estate Agents is the sellers agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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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