4 bedroom semi-detached for sale

£1,200,000

4

Bedrooms

2

Bathrooms

Floorplan

Having been extended to just under 2,000 square feet, only the finest materials have been used during this project and the results are breath taking! The fully restored brick facade and double glazed sash windows create epic kerb appeal and internally, this four bedroom Victorian house certainly doesnt disappoint. Youll have just shy of 700 square feet of prime entertaining space; flooded by natural light courtesy of the large bay window, oversized skylights and Crittall style doors to the rear, the exposed brickwork and steel beams are lovely finishing touches, and the solid Herringbone floor brings the room together perfectly. Moving to the first floor, the master bedroom to the front has bespoke fitted wardrobes, the second double bedroom is just behind along with a large and luxurious family bathroom where the finish quality, is of that you would find in a top London hotel. Having extended into the loft, they have been able to create two further bedrooms along with an additional bathroom. Externally, youre in for a real treat with a 60ft South facing garden, the black slate patio is an ideal place to host a Summer BBQ, the fully insulated home office has both lighting and power, and the side access is particularly handy if you have bikes.

Situated just half a mile from Walthamstow Central station, youll have easy access to both the Victoria line and the overground trains that will whisk you into London Liverpool Street in around twenty minutes. The bustling Orford Road is on your doorstep; the main stretch of Walthamstow Village which is peppered with a whole host of cafes and restaurants, wed highly recommend a visit to Eat17, the food is amazing and a few drinks in The Queens is always a great shout. Couple this with the fantastic school catchment area and you have the perfect forever home and with no ongoing chain, you could be moving in sooner than you think.


EPC D
Council Tax Band 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

£ 993950

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
    £ 30000
  • 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

£ 93950
  • 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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