1 bedroom flat for sale

£425,000

1

Bedrooms

1

Bathrooms

Floorplan

On the doorstep of Francis Roads thriving pedestrianised community, this beautifully finished ground-floor period flat with a versatile layout blends Victorian and modern features with calming Lick paintwork and original pine floorboards. Double-column radiators (fitted in 2022) warm the spacious, light-filled rooms, served by a new combi-boiler and smart meter installed in 2024.

In 2021, the current owners had full architectural drawings and planning permission granted for a side return extension on the rear of the property, alongside building control and party wall agreements. These have now expired, but they demonstrate a possibility to extend if desired.

STEP INSIDE

From the front, the exterior is typical of the period, framed by white-painted mouldings around the bay window and recessed entrance. Behind the wall and hedgerow screening the front patio from the street, youll find a storage shed belonging to the property. Cross the traditional tiled pathway, opening a bright red front door with a numbered transom above, into the hallway where you will find your own private entrance.

Inside, original pine floorboards (which flow throughout) lead into the living room where they complement the peach-hued coved walls creating a fresh, breezy feel. Bespoke premium shutter blinds and architraves fitted on the bay window filter the sunbeams. The cast-iron fireplace and chequered tiled hearth pop against the colour-matched mantelpiece to focus attention. Wooden shelves echoing the floorboards fill the alcoves, including an area in the corner just the right size for a desk. The flexible layout of the property offers the option to use the front living space as a primary bedroom, making it a two-bedroom home with a living area at the back of the property.

Follow the hallway along to find the second bedroom. Decorated in a relaxing, rich olive green, its an oasis of calm with a garden view through a tall window fitted with premium shutters and new architraves. The original terracotta tiles by the chimney breast provide a charming character detail. Just beside these is an open wardrobe area tucked out of the way.

Lit by an antique copper pendant bulb, the hall passes a useful storage cupboard before meeting the kitchen, which is brightened by pendant bulbs, a large side window, and French doors. A great range of white cabinetry has been finished with chrome handles, real oak tops, and a tonal blue-green tiled splashback, continuing the natural, minimalist aesthetic found throughout.

On hand, you have an integrated Bosch oven, a Bosch gas cooktop with cast-iron pan supports and extractor hood above, and a built-in dishwasher. Theres also a recess for a fridge-freezer next to a full-height wine rack and a washing machine by the 1.5-bowl sink.

Just off the kitchen, theres a fully tiled shower room with a shower enclosure, a vanity basin unit with a shelf and mirror above, and a modern toilet. Beyond this a living/dining area enjoys a lot of sunshine, which streams through the French doors and is reflected by the white walls to create a cheerful mealtime atmosphere.

OUTDOORS

Open the doors in the summer for an instant breeze and a fabulous flow for parties and barbeques as you step out into the landscaped rear garden. Enclosed by timber privacy fence panels (fitted in 2022) to match the timber-framed planters, it has been laid with Cotswold buff cream stone chipping, with two seating areas for dining or relaxing in the morning and afternoon sun. The left-hand corner is a particularly lovely sun trap, where you can sit and admire the climbing jasmine, cherry laurel, red Japanese maple, white hydrangeas, and rosemary and mint.

A NOTE FROM THE OWNERS

We have loved living in our home on Scotts Road for the last five years as the quick access into London is brilliant and the pedestrianised Francis Road has a unique village feel and sense of community. We have lots of fond memories hosting family and friends, cooking together in the kitchen/dining room. In summer, we often open the doorswide, relax in the sunny garden, and fire up the barbecue.

GETTING AROUND

The Overground at Leyton Midland Road is just a nine-minute stroll away and has a swift change to the Victoria line at Blackhorse Road. The Tube at either Leytonstone or Leyton is a 20-minute walk, making light work of getting into the City, the West End, Canary Wharf and South Bank, with Stratford just one stop away.

IN THE NEIGHBOURHOOD

Just moments from Francis Road, Scotts Road is situated in one of Leytons most constantly in-demand locations, thanks to its urban village of independent local businesses. Firm favourites include Yardarm wine bar, Phlox bookstore, Dreamhouse Records, Edie Rose florist, Marmelo Kitchen, and Pause yoga studio.

Our local sellers particularly recommend the Filly Brook craft beer hall, Gravity Well Taproom brewery and bar, and Yardarm wine bar. Also nearby are Heathcote & Star and Coach & Horses, which serves a fantastic Sunday roast.

Just around the corner is Leyton County Cricket Ground with its wonderful Edwardian pavilion, while Coronation Gardens is a 15-minute walk. The location is perfectly placed to enjoy the beautiful green spaces of Olympic Park, Wanstead Flats, and Hollow Ponds all within around 30 minutes walk (or a short cycle ride).

You can reach Stratford by foot, with Hackney Marshes and Queen Elizabeth Olympic Park nearby. Here, youll also find the Lea Valley Hockey and Tennis Centre, VeloPark, and London Aquatics, which are easily accessible along with the Westfield shopping centre. The development around the park is on the rise, with the new East Bank cultural hub including world-class experiences, including Sadlers Wells East theatre, the BBC, UALs London College of Fashion and the V&A East Museum.

SCHOOLS

Popular and well-performing schools with an Ofsted rating of Good or above include two local primaries, Dawlish (four minutes walk) and Newport (seven minutes), Norlington Secondary & 6th Form for Boys (six minutes), and Connaught School for Girls (14 minutes).


EPC Rating: D

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 353325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 10625
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 34575
  • Mortgage Interest
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    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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