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£600,000 Guide Price
Bedrooms
Bathrooms
***CHAIN FREE***
3 BEDROOM FAMILY HOME
Kings of Chingford are delighted to offer to the market this extremely well located three bedroom end of terrace family home.
The residence itself is arranged over two floors. The ground floor is comprised of two reception rooms, the kitchen, which is finished with dark wood base and eye level units and roll top work surfaces and a lean to which currently houses the downstairs cloakroom.
To the first floor you have three generous bedrooms. Both the master and bedroom two are superb size doubles with ample space for storage. Bedroom three is a spacious single.
The fully tiled family bathroom is finished with a modern white three piece suite.
To the front of the property you have a walled garden, bordered with mature hedges, affording you added privacy. To the rear you have an extensive, partially laid to lawn, partially paved garden with direct access to the double garage to the rear.
In need of modernising throughout but providing a blank canvas to be transformed into a wonderful family home.
Situated on the ever popular Kings Head Hill, you are just a few minutes walk from North Chingfords station road and the over ground line, you are located with easy access to local amenities.
Ideal for first time buyers and those of you looking to upsize. Energy Rating D.
Call one of our 2 Chingford Offices now to arrange your viewing and avoid disappointment.
Living Room - 4.57m x 3.66m (1552 x 1243) -
Dining Room - 4.57m x 3.35m (1542 x 1137) -
Kitchen - 3.66m x 2.13m (1231 x 718) -
Lean To - 2.74m x 2.13m (983 x 720) -
Downstairs Wc - 1.22m x 0.61m (415 x 280) -
Master Bedroom - 4.57m x 3.66m (1537 x 1254) -
Bedroom Two - 3.66m x 3.35m (1239 x 1119) -
Bedroom Three - 2.74m x 1.83m (920 x 618) -
Bathroom - 2.13m x 2.16m (725 x 701) -
Map location is not available for this property.
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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