3 bedroom semi-detached for sale

£525,000

3

Bedrooms

1

Bathrooms

Floorplan

Nestled on the desirable Church Road in Ilford, this charming three-bedroom semi-detached house offers a perfect blend of comfort and convenience. Spanning an impressive 1,175 square feet, the property boasts two inviting reception rooms, ideal for both relaxation and entertaining. The spacious through lounge provides a warm and welcoming atmosphere, perfect for family gatherings or quiet evenings in.

The first-floor bathroom is well-appointed, serving the three generously sized bedrooms, which are perfect for families or those seeking extra space for guests or a home office. The property also features a garage, providing additional storage or parking options, along with a front and back garden that offers a delightful outdoor space for gardening or enjoying the fresh air.

This home is chain-free, making it an attractive option for those looking to move in without delay. Its location is particularly appealing, with easy access to Newbury Park Station and the A12, ensuring excellent transport links for commuters and easy reach to local amenities.

In summary, this semi-detached house on Church Road is a wonderful opportunity for anyone seeking a spacious and well-located family home in a popular area of Ilford. Dont miss the chance to make this delightful property your own.

Lounge - 3.86m x 3.76m (128 x 124) -

Dining Room - 4.50m x 3.76m (149 x 124) -

Kitchen - 3.28m x 2.54m (109 x 84) -

Bedroom One - 4.34m x 3.78m (143 x 125) -

Bedroom Two - 3.78m x 3.84m (125 x 127 ) -

Bedroom Three - 2.77m x 2.54m (91 x 84) -

Garden - 23.47m (77) -



Disclaimer:
All information provided in relation to this property does not constitute or form part of an offer or contract, nor may it be regarded as representations, they are to be used for marketing purposes only. All interested parties are responsible to verify accuracy and your solicitor must verify tenure/lease information, ground rent/service charges, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply they are tested and that they are necessarily in working order or fit for the purpose. Any costs occurred would be at the expense of the potential purchaser.



Features
  • Freehold

Map location is not available for this property.

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

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Cumulative Rental Profit

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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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