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£625,000
Bedrooms
Bathrooms
Nestled in the charming Havering Gardens, Chadwell Heath, this delightful end-terrace house offers a perfect blend of comfort and convenience. With a generous living space of 1,355 square feet, this property is ideal for families seeking a welcoming home in a vibrant community.
The house boasts five well-proportioned bedrooms, providing ample space for relaxation and privacy. The large living room serves as the heart of the home, perfect for family gatherings or entertaining guests. The property features a well-appointed bathroom, ensuring that daily routines are both comfortable and efficient.
Built in 1930, this residence retains a sense of character while offering modern living conveniences. The exterior includes parking for two vehicles, a valuable asset in this bustling area. Additionally, the property benefits from a garage, providing extra storage or potential for a workshop.
Situated within the London Borough of Redbridge, this home is conveniently located near local amenities, schools, and transport links, making it an excellent choice for those commuting to central London or exploring the surrounding areas.
This property is not just a house; it is a family home, ready to create lasting memories. With its spacious layout and prime location, it presents a wonderful opportunity for anyone looking to settle in a friendly neighbourhood. Do not miss the chance to make this charming residence your own.
Living Room - 3.57 x 4.73 (118' x 156') -
Dining Room - 3.26 x 4.33 (108' x 142') -
Kitchen - 4.41 x 2.88 (145' x 95') -
Garage - 2.29 x 4.28 (76' x 140') -
Primary Bedroom (With En-Suite) - 2.14 x 5.19 (70' x 170') -
Bedroom - 1.89 x 2.59 (62' x 85') -
Bedroom - 2.69 x 4.67 (89' x 153') -
Bedroom - 3.33 x 4.21 (1011' x 139') -
Bathroom - 1.89 x 1.61 (62' x 53') -
Bedroom (Loft) - 3.00 x 3.49 (910' x 115') -
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.
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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