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644/646 Mile End Road, London
£700,000 Guide Price
Bedrooms
Bathrooms
Guide Price: 700,000 - 750,000
Presenting a truly stunning three-bedroom terraced house on Abbott Road, E14. This period property, in immaculate condition, is the perfect opportunity for a first-time buyer looking for a home that combines period charm with contemporary convenience. With over 1,150 sq ft of internal space, this residence is a rare find in such a sought-after location.
The moment you step inside, the tasteful finish and spacious layout are immediately apparent. The heart of the home is a fully integrated kitchen, designed for both style and functionality, which seamlessly leads out to a beautifully landscaped private garden. This urban oasis is a perfect escape, offering a peaceful retreat for al fresco dining, entertaining, or simply unwinding after a long day. A valuable basement area provides additional storage space, adding to the propertys practical appeal.
This home also offers significant potential for future growth. The generous internal square footage and versatile layout provide a blank canvas for a new owner to further develop the property, subject to planning permissions, ensuring it can evolve to meet changing needs.
The location is a key highlight, offering an ideal lifestyle for those who work in the City or Canary Wharf. The area is renowned for its excellent transport links, with the DLR network and Jubilee Line providing a quick and easy commute to both major financial hubs. Beyond the convenience, the area is a haven of green spaces and waterways. Residents can enjoy scenic walks or cycles along the Limehouse Cut and the River Thames, or visit nearby Bartlett Park and Mile End Park for a breath of fresh air. The vibrant Canary Wharf Estate is just a short journey away, offering an array of world-class shops, restaurants, bars, and cultural attractions, from the Crossrail Place Rooftop Garden to the Museum of London Docklands.
This property offers a unique blend of a peaceful, character-filled home with the vibrant, cosmopolitan lifestyle of one of Londons most desirable postcodes.
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.
644/646 Mile End Road, London
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