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£550,000
Bedrooms
Bathrooms
Welcome to the absolutely stunning three-bedroom lower ground floor period flat for sale on Kenninghall Road, Hackney, E5. This charming property forms part of a Victorian building and offers a unique blend of modern convenience and classic elegance. Boasting a separate large reception room, this flat provides ample space for comfortable living and entertaining. The property includes a convenient car parking space to the rear, accommodating one car, ensuring hassle-free parking in this vibrant area.
Step inside to discover a spacious interior featuring one large double bedroom and two medium-sized double bedrooms, providing versatile living arrangements for families or professionals. The lovely fitted kitchen comes complete with working appliances, making it a delightful space for culinary enthusiasts. Hardwood flooring throughout adds a touch of sophistication and warmth to the living spaces. This property is offered with a long lease of 162 years remaining and is chain-free, presenting an excellent investment opportunity.
With a price of 550,000, this flat represents a fantastic chance to secure a beautiful home in a sought-after location. The principal bathroom suite offers a relaxing retreat, providing both style and practicality. Situated in E5 8BS, this property is conveniently located near an array of amenities, making it a highly desirable place to call home.
For families seeking the best education for their children, Al-falah Primary School (0.06km), Baden-powell School (0.18km), and Saint Scholasticas Catholic Primary School (0.21km) are all within a short distance, ensuring quality education is easily accessible. Additionally, the property is within close proximity to Fairdeal Foodstore (0.36km), Tesco Express (0.51km), and a variety of popular restaurants, providing convenience and culinary delights at your doorstep.
Transport links are also excellent, with Clapton (0.38km), Rectory Road (0.6km), and Hackney Downs (1.1km) railway stations nearby, ensuring easy access to the rest of the city. Furthermore, the property is surrounded by a range of amenities including hospitals, doctors surgeries, pharmacies, fitness clubs, nightlife spots, parks, and more, offering a vibrant and well-connected lifestyle.
Dont miss this exceptional opportunity to embrace the vibrant and prosperous lifestyle offered by this remarkable property. Arrange a viewing today and experience the unique charm and convenience of living in this delightful period flat in Hackney.
Price - 550,000
This property is offered with a Long Lease of 162 Years and Chain Free.
Service Charge 135.00 pcm
Ground Rent - Peppercorn
Council Tax Band D - 1,967.00 (Annual Council Tax)
EPC Rating E
Please call our sales team for more information and an appointment to view.
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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