3 bedroom terraced for sale

£475,000 Offers over

3

Bedrooms

2

Bathrooms

Floorplan

Are you looking for a 3 bedroom home where all the bedrooms are double rooms? If so, this extended house with a loft conversion and 2 bathrooms should be at the top of your viewing list. Being within walking distance of two sought after schools makes this home an ideal choice for any family.
The hallway leads to all the rooms on the ground floor and there is a deep storage cupboard under the stairs which is very useful.
Double doors lead into the living room at the front of the house and there is currently a large corner sofa although two separate sofas will fit equally as well. This is the more formal living area and this is where youll relax in the evening.
If you enjoy cooking, the modern kitchen/diner offers plenty of space for food preparation and there is a breakfast bar plus a dining table and chairs meaning you have two options for a more relaxed place to eat. There are several eye level and base level cupboards along with space for the regular kitchen appliances. A high quality induction hob and double oven/grill is built in and all cupboards and drawers are soft close.
There is a shower room/WC on the ground floor which is incredibly useful if you have guests as well as making it easier in the morning if you have children all trying to get ready for school.
Both bedrooms on the first floor are double rooms and a King size bed and wardrobes will fit comfortably. The bathroom is fitted with a white three piece suite and there is a heated towel rail. There is a separate office space which is perfect for those who work remotely or just need a quiet spot for studying or pursuing hobbies.
The large loft conversion serves as bedroom 3 and this room offers incredible views as well as having space for a large bed and furniture. Being the loft, there is additional storage in the eaves too.
The outdoor space of this house is equally as impressive. Initially there is a paved patio which is ideal for garden furniture and a BBQ. This leads to the superbly maintained lawn and a separate seating/dining area which is covered by a gazebo. At the far end of the garden is the vast double garage which could be used as extra storage, a home gym or a buyer could convert it into a bar/ entertaining space. At the front of the home, there is off street parking.
Lounge 1110 x116Kitchen/Diner : 197 x 101Ground Floor Shower Room/WCBedroom 1: 113 x 11Bedroom 2: 11 x 98Home Office: 59 x 51Bathroom/WCBedroom 3: 152 x 144 (in loft)Rear Garden 60 approx Double GarageOff Street Parking
Near to:Lawns Park - 0.3 milesSt Patricks Junior School - 0.3 miles - Crownfield Junior School - 0.5 miles - Romford Rail Station - Elizabeth Line - 2.3 milesHainault Underground Station - Central Line - 3.7 miles






Features
  • Freehold

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

£ 394575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11875
  • 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

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£

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

£ 38325
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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