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£1,400,000
Bedrooms
Bathrooms
Castles Hackney present this imposing five-bedroom Victorian mid-terraced home, offering over 2,250 sq. ft. of versatile living space in the heart of vibrant Stoke Newington. Beautifully arranged over four floors, the property retains much of its period charm while offering fantastic potential for modernisation. The ground floor features an elegant through-lounge with high ceilings and large bay windows, leading down into an extended kitchen and dining space that opens directly onto a generous south facing rear garden, perfect for entertaining or family living. The first half-landing hosts two fully fitted bathrooms, while the upper floors comprise five well-proportioned double bedrooms, two of which benefit from en-suite facilities. A substantial cellar provides excellent storage options and the potential for further enhancement, subject to planning.
Ideally situated moments from Stoke Newington High Street and the ever-popular Church Street, residents will enjoy an abundance of independent cafs, restaurants, and boutique shops right on their doorstep. The area is known for its strong sense of community and green open spaces, including the nearby Stoke Newington Common and Clissold Park. Transport links are exceptional, with Rectory Road Station less than five minutes away, offering fast and convenient connections into the City and beyond. Numerous bus routes also serve the area, providing access to the broader parts of London. Families are particularly well catered for, with a selection of outstanding local schools such as William Patten Primary and Mossbourne Community Academy all within close proximity.
Map location is not available for this property.
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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