2 bedroom terraced for sale

£525,000 Offers in excess of

2

Bedrooms

1

Bathrooms

Floorplan

Lovely 2 bedroom home in a great location with a private garden and bags of character.
All the rooms in this property are well planned and beautifully finished, beginning with the large, open plan, dual aspect reception room. The exposed brick brings a cosiness and character to the space, and the windows at both ends make it feel open and spacious, with room for dining near the window and a snug lounge area to the front.

The sleek kitchen with solid wood worktops is also well laid out with plenty of light from the window overlooking the sunny courtyard garden, which has lots of potential and a garden shed, giving you extra storage space.

The ground floor, first floor bathroom and master bedroom all feature original hardwood flooring. The family sized bathroom also features a roll top bath and Burlington fixtures. Also upstairs, the main double bedroom and the smaller bedroom.

This area of Leyton has all the things we need close by. Theres several Ofsted outstanding primary schools and great local shops you can walk to. And with Leyton Jubilee Park to the south, and the County Ground and Jack Cornwell Park to the North, theres an abundance of green spaces to explore, with only a short trip to Hackney Marshes and Epping Forest for bigger adventures.
Nearby Francis Road is pedestrianised and famous for its delicatessens and bakeries. Do try Deeneys, Yardarm, Marmelo or Perky Blenders when you come to view. Therere also great pubs and craft beer breweries nearby, and restaurants including local favourite Burnt.

Leyton has easy transport links with Leyton Central Line, Leyton High Road Overground station and plenty of buses a short walk from home. And being close to Stratford means youre also close to mega shopping at Westfield and further transport links like the Elizabeth line.

Shall we take a look?

Entrance - Via front door leading directly into:

Reception Room - 6.53m x 3.66m (215 x 120) - Staircase leading to first floor. Open to:

Kitchen - 2.16m x 2.13m (71 x 70) - Door to rear garden.

First Floor Landing - Door to all first floor rooms

Bedroom One - 3.71m x 3.18m (122 x 105) -

Bedroom Two - 3.30m x 1.88m (1010 x 62) -

First Floor Bathroom -

Rear Garden - 5.99m x 3.71m (198 x 122) -

Additional Information: - Local Authority: London Borough Of Waltham Forest
Council Tax Band: B

Disclaimer: - The information provided about this property does not constitute or form part of any offer or contract, nor may it be relied upon as representations or statements of fact. All measurements are approximate and should be used as a guide only. Any systems, services or appliances listed herein have not been tested by us and therefore we cannot verify or guarantee they are in working order. Details of planning and building regulations for any works carried out on the property should be specifically verified by the purchasers conveyancer or solicitor, as should tenure/lease information (where appropriate).



Features
  • Freehold

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

£ 435825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 13125
  • 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

Adjust these figures

£

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

£ 42075
  • Mortgage Interest
    £

    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)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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