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£1,500,000 Guide Price
Bedrooms
Bathrooms
Sought after location | Chain Free | Three bedrooms | First floor bathroom | Double Reception room | Kitchen/Diner | Cellar | Secluded Garden | Side Access | Rare Opportunity | Close Stations | Close Parkland
A rare opportunity to acquire an end of terrace Victorian home, set in one of London Fields most sought after turnings. Offering excellent accommodation and retaining some of its original charm & character. The property offers a superb opportunity to extend subject to usual planning consent, and remodel to create a wonderful home. Currently offering an inviting entrance hall, double reception rooms and kitchen/diner to the ground floor, whilst also benefiting from a cellar with full head height to part and restricted access to the remainder. To the first floor the property enjoys three good sized bedrooms and a shower room/wc. Externally the property enjoys a secluded rear garden having the benefit of personal side access
Conveniently set within close proximity of the leafy green spaces of London Fields Park and the Lido, Broadway Market, with its weekly organic farmers market, gastro pubs, restaurants and shops. Victoria Park Village is also within easy reach. Haggerston, Dalston Junction & London Fields Stations are also close at hand and there is an excellent choice of outstanding primary and secondary schools.
If you are looking for a forever home in a wonderful location to make your own, then your search is over, this is definitely an opportunity not to be missed.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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