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£1,200,000 Offers in excess of
Bedrooms
Bathrooms
Situated on one of North Chingfords premier roads, is this semi-detached five bedroom house set over three floors that has been tastefully decorated and finished to a high standard, occupying 2082sqft (193.4sqm). The ground floor benefits from two spacious reception rooms, a contemporary fitted kitchen with separate dining area, a utility room, a ground floor guest WC. The first floor offers four well proportioned bedrooms with an en-suite shower room to the main bedroom along with a modern fitted family bathroom. Stairs from the landing lead to the second floor/loft conversion, where you will find the spacious fifth bedroom with built in wardrobes, an additional chic bathroom and an office area. Externally, the rear garden is approximately 80ft in length with a decked patio area, pergola and glass balustrade. Steps lead down to a path and lawn area and at the rear of the garden you will find a modern built summer house with bi-fold doors and a hot tub to the side. Further benefits include a garage with a roller shutter, off street parking and EV charger.
Eglington Road is just around the corner from Station Road in North Chingford with plenty of independent retailers, bars, coffee shops and restaurants offering a vast array of cuisines for dining out. You will also find supermarkets such as Amazon Fresh, Co-op, and Tesco Express. Public transport includes local bus routes and Chingford Overground Station with direct access into Liverpool Street. You can also inter-change onto the Underground at Walthamstow Central (Victoria Line - Zone 3). A happy middle ground between city and country life, youll find vast green scenic spaces of Epping Forest to explore for when you fancy a tranquil walk. For families the property is conveniently located within easy reach of several schools both public and private.
In our opinion this property will make an amazing family home and be great for entertaining. Viewing is a must to fully appreciate this stunning house.
Map location is not available for this property.
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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