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£600,000
Bedrooms
Bathrooms
Carter & Willow offer sale this circa 1875 sq ft 4 bedroom townhouse which was built by L&Q and offers an allocated parking space. On the ground floor there is a separate study, ground floor WC, storage cupboard, contemporary kitchen/dining area which leads to an approx 533 x 167 private rear garden with shed and on the first floor there is a family bathroom/WC ,1411 x 123 living room and double bedroom. On the second floor there are 2 double bedrooms both with en-suite shower room/WCs and on the third floor there is a 810 x 81 walk in wardrobe, 810 x 66 bathroom/WC and a spacious 226 x 15 primary bedroom. The property also offers high performance glazing and an Envac automated waste collection system which reduces waste vehicle related carbon emissions by at least 90%. Set alongside 2km of stunning Thames River frontage, Barking Riverside is one of the UKs largest and most significant new developments. A joint venture between L&Q and The Mayor of London, Barking Riverside will grow to house 30,000 people with 10,800 new homes and 65,000 square metres of commercial space set to be built on the 443 acre site, creating a brand new destination in East London. Barking Riverside residents have Central London on their doorstep, with C2C trains running from nearby Dagenham Dock to London Fenchurch Street in 24 minutes and regular bus services running between the development and both Dagenham Dock and Barking station. The property is also a short walk to Barking Riverside (Suffragette Line) Station and Little Bees Park. Uber Boat by Thames Clippers is also close by which runs from Barking Riverside Pier to central London. NHBC warranty in place. EPC rating: B Council tax band: E.
Allocated parking space approx 7.40m (24 3') x 5.10m (16 7')
Hall
Kitchen / diner 4.60m (15 1') x 3.70m (12 2')
Ground floor study currently arranged as bedroom
Ground floor W/C
First floor landing
First floor Reception Room 4.70m (15 5') x 4.60m (15 ')
Bedroom Four 4.60m (15 ') x 2.70m (8 9')
First floor Bathroom/WC
Second floor landing
Bedroom Three 4.60m (15 1') x 2.70m (10 11')
En suite Shower room/ WC
Bedroom Two 4.60m (15 1') x 3.30m (10 11')
En suite shower room/WC
Third Floor landing
Bedroom One 6.70m (22 6') x 4.60m (15 ')
Walk in Wardrobe 2.70m (8 10') x 2.50m (8 1')
En suite Bathroom/WC
Private rear garden approx 16.20m (53 3') x 5.10m (16 7')
Sellers infromation
Annual ground rent peppercorn
Annual estate charge 1060 approx.
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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