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£550,000 Offers in excess of
Bedrooms
Bathrooms
Chain Free | Potential to remodel & extend (STPP) | Two double bedrooms | first Floor family bathroom | easy access to Wood Street Weaver Line Station | Wood Street shops & Eateries | gentle Stroll to Epping forest | Ground floor wc |
Nestled on the charming Woodend Road in Walthamstow, this delightful terraced house presents an excellent opportunity for those seeking a comfortable and convenient home. Spanning an impressive 833 square feet, the property boasts two spacious reception rooms, perfect for both relaxation and entertaining.
The house features two well-proportioned double bedrooms, providing ample space for rest and privacy. A family bathroom is conveniently located on the first floor, ensuring easy access for all. This property is offered on a chain-free basis, allowing for a smooth transition for prospective buyers. Ground floor WC
One of the standout features of this home is its potential for remodelling, allowing you to personalise the space to suit your tastes and lifestyle. The location is equally appealing, with easy access to the vibrant Wood Street shops and eateries, where you can enjoy a variety of dining and shopping experiences. Additionally, the property is just a short walk from the beautiful Epping Forest, offering a perfect escape into nature for leisurely strolls or outdoor activities.
This terraced house on Woodend Road is an ideal choice for those looking to invest in a property with both character and potential in a sought-after area. Dont miss the chance to make this charming house your new home.
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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