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£1,200,000 Offers in excess of
Bedrooms
Bathrooms
Tucked away on a peaceful residential street between the iconic London Fields and the picturesque Victoria Park, this striking three-storey Victorian house is a true gem. Boasting 1,504 sqft of space, the property exudes potential. The ground floor greets you with two elegant reception rooms, perfect for both relaxed evenings and entertaining guests, while the separate kitchen offers ample space for culinary creativity. Upstairs, four generously sized bedrooms and two bathrooms provide flexibility for a growing family or home office needs.
At the rear, youll find a quaint courtyard garden, offering a private and serene outdoor retreat, ideal for al fresco dining or a peaceful escape from the city buzz. The homes prime location ensures youre just a stones throw away from the thriving cafs, eclectic bars, and gourmet restaurants of Broadway Market and Victoria Park Village. Whether its a leisurely weekend brunch or a night out with friends, youll be spoilt for choice.
Excellent transport links at Hackney Central, London Fields, and Bethnal Green are within easy walking distance, making commuting a breeze. With its unbeatable location and abundant space, this property offers an exciting opportunity to craft a stylish East London lifestyle.
Situated in the highly sought-after E9 area, this property also benefits from proximity to a variety of excellent schools, making it an ideal choice for families. The neighborhood is served by reputable primary schools such as Orchard Primary School and Lauriston School, both highly regarded for their strong academic results and nurturing environments.
For older students, secondary options like Mossbourne Community Academy and The City Academy are within easy reach, known for their excellent teaching standards and broad range of extracurricular activities. With a blend of outstanding educational institutions and easy access to green spaces like Victoria Park, this location offers the perfect balance for family life.
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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