1 bedroom flat for sale

£375,000 Offers in excess of

1

Bedrooms

1

Bathrooms

Floorplan

This delightful one-bedroom ground floor flat presents an excellent opportunity for first-time buyers, downsizers, or investors alike. Offering approximately 563 sq. ft of well-designed living space, the property combines comfort, practicality, and charm in equal measure. The bright and generously sized reception room is ideal for both relaxing and entertaining, with large windows that allow natural light to flood in, creating a warm and inviting atmosphere. The spacious double bedroom benefits from high ceilings and a peaceful ambience an ideal retreat after a busy day. A modern bathroom features sleek grey tiling and a stylish glass-enclosed shower, perfectly blending form and function. To the rear, the well-proportioned kitchen leads directly out to a private garden, a rare and highly sought-after bonus, perfect for enjoying your morning coffee or hosting summer BBQs. Offered with no onward chain, this fantastic home is ready for its new owners to move straight in. Dont miss out contact us today to arrange your viewing!

Situated in the heart of vibrant Walthamstow, Brighton Road is a neighbourhood that convincingly blends historic charm with modern amenities. The area boasts one of the longest street markets in Europe, offering everything from fresh produce to eclectic crafts, while independent cafs, gastropubs, and galleries radiate down charming Orford Road and into Walthamstow Village. Culture thrives here too with standout attractions like the William Morris Gallery, the vast Walthamstow Wetlands nature reserve, and the 960 seat Soho Theatre breathing life and creativity into the community. Excellent transport links via the Victoria Line and Overground deliver swift journeys to Central London, while green retreats like Lloyd Park and Epping Forest offer a peaceful escape just moments away. Walthamstows cultural dynamism, strong sense of community, and blend of urban convenience with leafy surroundings make it a truly exceptional place to call home.

Leasehold 107 Years
Ground Rent 100 p/a
Council Tax Band B
EPC Rating D

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

£ 312075

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
    £ 9375
  • 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

£ 30825
  • 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

Adjust these figures

  %
  %
£
  %

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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