4 bedroom terraced for sale

£1,300,000

4

Bedrooms

1

Bathrooms

Floorplan

Castles Hackney are pleased to present this imposing period family home on Rushmore Road, a quiet and sought-after tree lined street close to Chatsworth Road. This spacious Victorian property spans three well-proportioned floors and offers four generous double bedrooms. Rich in character, it retains many original features including cornicing, fireplaces, balustrades, and Victorian wall panelling. There is excellent potential to extend into the loft or to the rear (subject to planning permission), while the large private garden provides ample space for outdoor living or further development. The entrance hall, with original wooden floors and panelling, offers a warm welcome. The upper ground floor features a twin reception room with high ceilings, decorative cornicing, a period-style fireplace, and large front and rear windows that flood the space with natural light. A few steps down lead to the spacious bespoke kitchen and dining area, complete with modern appliances, extensive worktops, ample storage, and a breakfast bar ideal for casual meals or morning coffee. This level also includes a conservatory opening onto the private garden and two guest bedrooms. Upstairs, the first floor offers a modern family bathroom fitted with a full-sized bath, walk-in shower, and generous built-in storage. The top floor comprises two further double bedrooms, including a bright principal bedroom and another with views over the garden. The generous rear garden is private and well maintained, providing a quiet space for outdoor relaxation, entertaining, or future extension (subject to planning). Rushmore Road is ideally situated moments from Millfields Park and within a short walk of Chatsworth Road, known for its independent shops, cafes, and popular Sunday market. Local favourites include Men ramen cafe, LEpicerie 56, Morgans Butchery, and Stone Bros coffee. Dining options nearby include Uchi, Lucky & Joy, and My Neighbours the Dumplings, alongside the well-loved P. Franco wine bar



Features
  • Freehold

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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

£ 1081450

Mortgage Loan to Value

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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
    £ 32500
  • 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

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£

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

£ 106450
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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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Final Property Value

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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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