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£475,000
Bedrooms
Bathrooms
'' WALTHAMSTOW VILLAGE '' FOR SALE '' - Clarke Hillyer are delighted to offer for sale this Newly Refurbished Two Bedroom First Floor Flat, located in the popular Village area of Walthamstow. This property is well positioned for Walthamstow Central Station (Victoria and Overground), the market, High Street and all local amenities. Other benefits include spacious accommodation, double glazing, gas central heating (untested), a share of freehold and the property is being offered chain free. For further information or to arrange an internal viewing please call Clarke Hillyer on (RES).
Entrance - Entrance via communal door to:
Communal entrance hall, own door, stairs to first floor landing - loft access, smoke alarm, radiator, laminate floor, doors to...
Lounge - 165 x 112 - Measured into bay window.
Double glazed bay window to front aspect, radiator, power points, newly laid carpet.
Bedroom One - 128 x 1110 - Double glazed window to rear aspect, power point, newly laid carpet.
Bedroom Two - 113 x 79 - Double glazed window to front aspect, radiator, newly laid carpet.
Bathroom - Obscure glass double glazed window to side aspect, white suite comprising panel bath, mixer taps with shower attachment, vanity wash basin with mixer tap, low level w.c., part-tiled walls.
Kitchen - 102 x 90 - Double glazed window to rear aspect. Fitted wall and base units, single drainer stainless steel sink unit, mixer taps, wall-mounted combination boiler (untested). Built-in oven, gas hob, extractor fan, power points, fitted washing machine, radiator and part-tiled walls.
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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