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£550,000 Guide Price
Bedrooms
Bathrooms
***NORTH CHINGFORD***
3 BEDROOM SEMI-DETACHED HOUSE - FREEHOLD
Kings of Chingford are delighted to offer to the market this well situated three bedroom semi-detached family home.
Located on the ever sought after Maida Avenue and being just a short distance from North Chingfords Station Road and all the amenities it has to offer. Also boasting fantastic transport links and falling into the catchment area for some great local schools.
The property itself is arranged over two floors, with the ground floor comprised of an open plan living/dining room, running the length of the property. The kitchen benefits from the ground floor, single storey extension to the rear. The kitchen consists of light wood base and eye level units, roll top work surfaces and an integrated oven and hob. This wonderful property also has the lovely addition of a downstairs WC, ideal for modern family living.
To the first floor you have three generously sized bedrooms. Bedrooms one and two are good size doubles and they are afforded extra space from the bay window they both boast. Bedroom three is a nice size single. The fully mosaic tiled bathroom is finished with a modern white three piece suite.
You will benefit from a sizable frontage to this property, with space for at least three cars, currently, however there is potential for at least 5 vehicles. This property also has a garage to the rear accessed by side, shared access.
To the rear you have a partially paved, partially laid to lawn garden, which is in need of some attention.
Overall the property would benefit from some cosmetic updating, however it offers a blank canvas for any prospective purchaser to transform it into your dream home. Energy Rating E.
Call one of our 2 Chingford offices now to arrange your viewing and avoid disappointment.
Porch - 2.49m x 0.91m (82 x 30) -
Living/Dining Room - 9.45m x 3.05m (3176 x 1070) -
Kitchen - 4.57m x 1.83m (1500 x 693) -
Downstairs Wc - 1.65m x 1.22m (55 x 40) -
Bedroom One - 3.35m x 3.18m (1117 x 105) -
Bedroom Two - 3.05m x 2.77m (1056 x 91) -
Bedroom Three - 2.03m x 1.52m (68 x 565) -
Bathroom - 2.13m x 1.52m (776 x 572) -
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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