4 bedroom detached for sale

£800,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Guide price 800,000-850,000 | Newly Refurbished | Stunning Throughout | Four Bedrooms | Two Bathrooms | Cosy Lounge | Spacious Fully Fitted Kitchen/ Living/Dining Space | Bi-Fold Doors | Cloakroom/wc | Generous size Garden | New Gas Central Heating | New Double Glazed Sash Style Windows | New Warner Style Front Door | Herringbone wooden flooring to Ground Floor | Chain Free | Close The Winns Primary School | Close Lloyd Park | Accessible Walthamstow Central & Blackhorse Road Stations | Must be Seen.

This wonderful home is located on Elphinstone Road being just a short stroll of The Winns Primary School & Lloyd Park, making this a great Family location. This newly refurbished home boasts a cosy lounge, ground floor cloakroom/wc and a generous well planned and fitted living/dining/kitchen area having bi-fold doors leading onto the generous 80ft South West facing rear garden, to the upper floors there are three double bedrooms as well as an Office/4th bedroom, in addition there is a family bathroom to the first floor and further en-suite shower room/wc to the top floor and Master bedroom.

The current vendors have whilst modernising the property, ensured that the original charm & character has not been lost, they have in fact enhanced the property features with a custom made Warner Style Entrance Door, double glazed Sash Windows, black & white quarry style tiled path and front step, as well as restored brickwork to the front faade.

This delightful family home, will be the envy of your friends and family and is ideal for those looking for a blend of traditional charm and modern convenience, with nothing to do but move in your furniture.

Not one to be missed, make this wonderful property your new home!

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

£ 662700

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 20000
  • 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

£ 62700
  • 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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