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644/646 Mile End Road, London
£650,000 Guide Price
Bedrooms
Bathrooms
Guide Price: 650,000 - 700,000
Nestled in the desirable Chilcot Close, this beautifully presented three-bedroom end-of-terrace townhouse offers a fantastic opportunity to acquire a rare freehold property in a highly sought-after location. Situated over three well-proportioned stories, this home provides comfortable and modern living within a short stroll of the vibrant heart of Canary Wharf.
Step inside and be greeted by a property that has been tastefully refurbished throughout, boasting a brand new bathroom, kitchen, and bespoke windows, all finished to an exceptional standard. This home is truly ready to move straight into, allowing you to enjoy the benefits of contemporary living from day one.
Beyond the stylish interiors, this townhouse features a well-spaced garden, perfect for relaxing, entertaining, or enjoying some outdoor space. Practicality is also key, with the added benefit of loft storage providing ample room for your belongings.
Commuting is a breeze with various transport links readily available, offering easy access into the City and the extensive amenities of Canary Wharf.
Adding to the appeal, this property is offered chain-free, streamlining the buying process and allowing for a quicker completion.
Location is paramount, and this home enjoys a prime position moments from the bustling Chrisp Street Market. This area is currently undergoing an exciting regeneration, with a significant injection of investment promising a vibrant future. The proposed new market will feature a bowling alley, cinema, and much more, further enhancing the already thriving local community.
Dont miss out on this exceptional opportunity to secure a rare freehold townhouse in a prime location with exciting future prospects. Contact us today to arrange a viewing!
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.
644/646 Mile End Road, London
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