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£750,000
Bedrooms
Bathrooms
This bright and meticulously designed three-bedroom house spans three floors and offers an impressive 1224 sq. ft. of living space. It showcases a high-end finish and boasts a delightful private rooftop terrace, perfect for year-round entertainment.
Inside, the property features a spacious open-plan living and kitchen area that provides ample room for dining. The well-appointed designer kitchen is equipped with generous storage, extensive worktop space, and a range of integrated kitchen appliances. Upstairs, youll find three double bedrooms, each offering abundant wardrobe space and a pleasing view.
Nestled near the picturesque Malmesbury Road Park and within a short stroll to the high street, this development enjoys a prime location. It offers an array of outstanding dining options, shops, and supermarkets. Canning Town station, just a stones throw away, provides swift access to Canary Wharf, only two stops away. Furthermore, the Elizabeth Line offers a quick route to Liverpool Street in under 10 minutes. This dynamic and sought-after corner of East London is a favourite among first-time buyers and savvy investors, offering the potential for excellent rental yields and capital growth.
Additional Information
€ Leasehold: 999 years
€ Service Charge: TBC
€ Ground Rent for New Homes: 0
€ Council Tax for New Homes: Awaiting Banding
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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