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£600,000
Bedrooms
Bathrooms
Welcome to Lowestoft Close, Hackney, E5, where an exceptional opportunity awaits you. Nestled in the vibrant heart of Hackney, this spacious three-bedroom mid-terraced townhouse offers a perfect blend of comfort and convenience. Spread over three levels, this property boasts a large separate reception room with direct access to a generous outdoor terrace facing Theydon Road, providing a tranquil retreat right at your doorstep. The front private garden adds a touch of greenery to your urban lifestyle, creating a delightful space for relaxation and outdoor entertaining.
Step inside to discover a principal bathroom suite with an additional WC, complemented by lovely wooden flooring that adds warmth and character to the interiors. This leasehold property comes with 90 years remaining and a ground rent of just 9 per year, making it an attractive investment opportunity. Whats more, the property is offered chain-free, ensuring a smooth and hassle-free purchase process.
With three double bedrooms, theres ample space for a growing family or the opportunity to create a home office or guest room. The separate large kitchen on the ground floor provides a functional and inviting space for culinary adventures.
Conveniently situated in E5 9NQ, this property offers easy access to a range of amenities. The annual service charge of 1600 covers the maintenance of communal areas, ensuring a well-kept and inviting environment for residents.
Education options abound with several popular schools within close proximity, including Al-falah Primary School (0.74km), Baden-powell School (0.77km), and Saint Scholasticas Catholic Primary School (0.88km). Additionally, the property is within easy reach of Comberton Childrens Centre (0.26km) and Williams College Foundation (0.78km), providing convenient options for further education.
When it comes to daily essentials, youll find M & A Express (0.41km), Fairdeal Foodstore (0.81km), and Tesco Express (0.89km) nearby, ensuring that grocery shopping is a breeze. For dining out, the vibrant culinary scene of Hackney awaits, with Perfect Fried Chicken (0.73km), Vicolo (0.77km), and Open Doors Baptist Church Community Projects (0.9km) just a stones throw away.
Whether its leisurely strolls, fitness pursuits, or cultural experiences, the area offers an array of options. Startford Westfield (0.96km) provides a shopping haven, while Newick Road (0.68km) and Healy Medical Centres (0.69km) cater to healthcare needs. The Clapton (0.39km), Lea Bridge (1.12km), Rectory Road (1.23km), and Stoke Newington (1.47km) railway stations ensure seamless connections to the rest of London.
Embrace this exceptional opportunity to own a beautiful home in a prosperous and vibrant area. Dont miss out on the chance to make Lowestoft Close your new address and experience the best of Hackney living.
The property is vacant and offered chain free and perfect for a first time buyer or buy to let investment offering great rental returns.
Council Tax Band C
Council Tax Annually 1,748.00
EPC rating C
Early viewings are highly recommended - please call our sales team today to book an appointment.
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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