5 bedroom semi-detached for sale

£460,000 Guide Price

5

Bedrooms

1

Bathrooms

Floorplan

Stepney Road is home to this stunning Victorian FIVE BEDROOM semi-detached house that boasts PERIOD FEATURES and ample space for a large family. The SPACIOUS ROOMS throughout the house provide a sense of openness and the period features add CHARACTER and CHARM to the property, creating a warm and inviting atmosphere. This family home is also future ready with the recent installation of SOLAR PANELS. One of the highlights of this property is the STUNNING GARDEN where you can escape and relax. Located in a popular area and convenient location, youll have easy access to local amenities, schools, and transport links, making it a practical choice for families.

Entrance - Front door into vestibule with coving, picture rail, stain glass window, ceiling light and door into entrance hall. Entrance hall with picture rail, coving, ceiling light, radiator, stairs to first floor, understairs storage cupboards and inset ceiling spotlights.

Reception Room One - 5.99 x 5.09 (197' x 168') - Modern log burner, fire surround, cornicing, radiator, bay sash window and ceiling light.

Reception Room Two - 6.02 x 5.86 (199' x 192') - Box bay stained glass sash window, radiator, built in book cases, picture rail, cornicing, open fire and door out onto rear garden.

Dining Room - 4.07 x 4.08 (134' x 134') - Sash window, radiator, modern log burner with surround and storage alcove cupboard.

Kitchen - 5.16 x 4.06 (1611' x 133') - Four sash windows, barn door to garden, radiator, fitted kitchen with range of cupboards and drawers, space for American style fridge freezer, integrated double oven, integrated dishwasher, integrated washing machine, two stainless steel sinks, coving and inset ceiling spotlights.

Wc - 1.48 x 0.95 (410' x 31') - Sash frosted window, WC, hand basin, radiator and ceiling light.

First Floor Landing - Sky light, cornicing, inset ceiling spotlights, two ceiling lights, storage cupboard and loft access to two good sized loft spaces (one is partially boarded).

Bedroom One - 5.15 x 5.85 (1610' x 192') - Bay sash window, cornicing, ceiling light and radiator.

Bedroom Two - 5.17 x 4.11 (1611' x 135') - Two sash windows, built in wardrobes in alcoves, decorative fire surround, radiator, cornicing and ceiling light.

Bedroom Three - 3.85 x 4.11 (127' x 135') - Sash bay window, cornicing, ceiling light, decorative fire surround, radiator and storage cupboard.

Bedroom Four - 3.56 x 2.74 (118' x 811') - Sash window, radiator, coving and loft access.

Bedroom Five/Office - 3.11 x 2.44 (102' x 80') - Sash window, cornicing, ceiling light and radiator.

Bathroom - 2.71 x 2.35 (810' x 78') - Sash frosted window, tiled walls, bath with shower over, hand basin, two heated towel rails/radiators, storage cupboard, inset ceiling spotlights and extractor fan.

Wc - 1.53 x 0.96 (50' x 31') - WC, radiator, ceiling light, storage cupboard and frosted stained glass window.

Outside - To the front is a garden with steps and path leading to the front door and to the side is an access path. To the rear is large patio and lawn area, summer house, covered veranda and five outhouses.

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

£ 382200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11500
  • 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

Adjust these figures

£

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

£ 37200
  • 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.

£

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.

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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