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£525,000 Offers in excess of
Bedrooms
Bathrooms
Discover this beautifully presented two-bedroom ground-floor flat, ideally located on the popular Francis Road in Leyton.
As you step through the charmingly painted original internal doors, youll be greeted by an inviting open-plan reception room that exudes character. This delightful space boasts original floorboards and fireplace, intricate cornicing, and two elegant sash windows, creating a bright and airy atmosphere. The reception room flows seamlessly into the stylish kitchen, which also features original floorboards, a traditional Belfast sink, and chic open shelving. French doors from the kitchen provide direct access to the private rear garden, offering a peaceful escape with a charming studio and its patio area, perfect for al fresco dining.
Back inside, a unique feature of this home is the large basement, providing valuable additional space for storage or potential conversion. Continuing through the ground floor, youll find convenient built-in storage before reaching the two bedrooms. The larger of the two bedrooms also benefits from practical built-in storage solutions. Completing this exceptional home is a strikingly stylish wet room, featuring floor-to-ceiling Spanish terracotta tiles, underfloor heating, contemporary brass fixtures, a WC, and a sink, offering a luxurious and modern feel.
Situated in the vibrant Francis Road area, youll enjoy easy access to a host of local amenities, including the popular Yardarm, Marmelo, and Edie Rose. The renowned Northcote Arms Pub is also just a stones throw away. For commuters, Leyton Tube station is incredibly convenient, located just a short stroll from your doorstep, ensuring excellent transport links. On-street resident permit parking is also available.
Shall we take a look?
Entrance - Via own front door leading into:
Entrance Hallway - Door to basement & reception/kitchen.
Basement - 13.41m x 4.90m (440 x 161 ) -
Reception/Kitchen - 8.08m x 3.25m (266 x 108) - Doors to rear garden.
Bedroom One - 3.91m x 2.90m (1210 x 96) - Door to rear garden.
Bedroom Two - 2.11m x 1.85m (611 x 61) -
Bathroom - 2.01m x 1.80m (67 x 511) -
Rear Garden - 7.01m x 2.49m (230 x 82 ) - Access to:
Front Garden - 3.61m x 2.90m (1110 x 96) -
Studio - 2.31m x 2.24m (77 x 74) - Power & lighting.
On Street Resident Permit Parking -
Additional Information: - Head Lease Term: From 7 December 2022 to 31 July 2147
Head Lease Remaining: 122 years remaining
Ground Rent: 0 per annum
Service Charge: 0 per annum
Local Authority: London Borough Of Waltham Forest
Council Tax Band: B
Disclaimer: - We endeavour to ensure that our particulars are as accurate and reliable as possible; however, they do not constitute or form part of any offer or contract and should not be relied upon as statements or representations of fact. All measurements are approximate and provided as a guide only. Any systems, services, or appliances referred to have not been tested by us, and we are therefore unable to verify or guarantee their working condition. All photographs, floorplans and video tours are provided for guidance only. Tenants are advised to verify details relating to planning permissions, building regulations, and any works carried out at the property with their solicitor or conveyancer, as well as tenure and lease information where applicable.
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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