Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
272 Barking Road, Plaistow, London
£275,000 Guide Price
Bedrooms
Bathrooms
Guide Price 275,000- 300,000
This charming one-bedroom first floor flat offers a delightful blend of modern living and Victorian character. The property features a spacious reception room that serves as a perfect lounge for relaxation or entertaining guests. The well-appointed kitchen is designed for convenience, making meal preparation a pleasure.
The flat includes a comfortable bedroom, providing a peaceful retreat at the end of the day, and a stylish bathroom that caters to all your needs. One of the standout features of this property is the lovely rear garden, an ideal space for enjoying the outdoors, whether it be for gardening, a morning coffee, or simply unwinding in the fresh air.
This Victorian conversion is ideally located, with both Plaistow and Canning Town stations just a short distance away, ensuring excellent transport links for commuting or exploring the wider area. Additionally, local bus routes, shops, and amenities are conveniently close, making daily errands and leisure activities easily accessible.
This flat presents an excellent opportunity for first-time buyers or those seeking a rental investment in a thriving community. With its appealing features and prime location, it is a property not to be missed.
Lounge - 4.70m x 3.99m (155' x 131') - Double glazed bay window and separate double glazed window to front, two wall mounted radiators, laminated flooring.
Kitchen - 4.50m x 3.00m (149' x 910') - Range of wall and base units, roll top work surface, sink and drainer, tiled splash backs, wall mounted radiator, double glazed window to rear, door with access to stairs leading down to rear garden.
Bedroom - 3.30m x 3.00m (1010' x 910') - Double glazed window to rear, wall mounted radiator, carpet flooring.
Bathroom - 3.00m x 2.21m (910' x 73') - Three piece suite comprising of panelled bath with mixer tap and shower attachment, wash hand basin, low level w.c, wall mounted radiator.
Rear Garden -
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.
272 Barking Road, Plaistow, London
The Property has been saved to your favorites
/ 5
It's quick and easy
