3 bedroom terraced for sale

£1,250,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

Originally named Essex House, this stunning Victorian villa is situated on one on Walthamstows most sought-after streets, and the 80ft rear garden is a thing of beauty! Youll be greeted by the entrance hall with the original covings, and which gives access to both the basement and a ground floor shower room. Moving to the lounge, the first thing that youll notice is how much wider this property is when compared to a standard Victorian terrace, the double-glazed sash windows and original covings create a characterful feel, and the stripped wooden floors bring the room together perfectly. Just behind youll find the second reception room which is currently used as fourth bedroom due to the vendors mobility issues, and a fully fitted kitchen/diner to the rear. We loved the fully fitted modern cabinetry, integrated appliances and solid wood worksurfaces, and the room leads seamlessly into a snug at the rear with doors leading to the garden. Moving to the first floor youll have three generously sized bedrooms and a large family bathroom, along with access to the loft where many along the street have converted the space into two further bedrooms and an additional bathroom, which is again shown in the revised floorplan. Externally, the mature 80ft rear garden is something to behold. Its in full sun for the majority of the day as it comes over the top of the house and makes it a great place to unwind after a hard day at work. Youll step out onto a large patio area with the rest mainly laid to lawn, the handpicked selection of shrubs, plants and flowers give a burst of colour all year round, and the position secludes it from the surrounding houses.

You are perfectly perched in Walthamstow Village, just minutes away from the bustling Orford Road, the main stretch in Walthamstow Village, whether it be a few drinks in The Queens or meal at Ruffs, youll never be lost options, and wed highly recommend a visit to the Ravenswood Industrial Estate for a great night out. Walthamstow Central Station is just one street away with easy access to both the Victoria line and Overground trains into Liverpool Street, and with the vast open spaces of Epping Forest and fantastic school catchment area, this property is ideal for young families looking for their forever home.

Council Tax Band D
EPC Rating D

Map location is not available for this property.

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

£ 1037700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 31250
  • 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

£ 100200
  • 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

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  %

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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