2 bedroom terraced for sale

£625,000 Offers in excess of

2

Bedrooms

1

Bathrooms

Floorplan

Nestled on the charming Stirling Road in Walthamstow, this delightful pre-war terraced house offers a perfect blend of character and modern living. Spanning an impressive 839 square feet, the property features two well-proportioned bedrooms, making it an ideal choice for couples, small families, or those seeking a comfortable home office space.

Upon entering, you are welcomed into a spacious reception room that exudes warmth and charm, perfect for relaxing or entertaining guests. The ground floor also boasts a convenient WC, enhancing the practicality of the living space. The heart of the home is undoubtedly the extended kitchen/diner, which provides ample room for culinary adventures and family gatherings. This area is designed to be both functional and inviting, making it a wonderful space to create lasting memories.

The property is conveniently located just 0.4 miles from Blackhorse Road Station, ensuring easy access to central London and beyond. This prime location offers a vibrant community atmosphere, with an array of local shops, cafes, and parks nearby, perfect for leisurely strolls or weekend outings.

With its blend of period features and modern enhancements, this terraced house on Stirling Road presents an excellent opportunity for those looking to settle in a thriving part of Walthamstow. Whether you are a first-time buyer or seeking a new rental, this property is sure to impress with its charm and convenience. Dont miss the chance to make this lovely house your new home.

Stirling Road is a quiet, residential street located in the Higham Hill area of Walthamstow, London E17. The area is primarily made up of charming terraced homes, making it popular with families and young professionals alike.

The locality benefits from excellent transport links, with Blackhorse Road Underground and Overground station just a short walk away, offering quick access to central London. Several bus routes also serve the area, enhancing connectivity.

Families are well catered for with a selection of good local schools, including Hillyfield Primary Academy and Eden Girls School, all within walking distance. The area also offers convenient access to healthcare services such as Sinnott Medical Centre and nearby dental practices.

Local amenities include shops, cafes, and restaurants, while green spaces like Lloyd Park and Walthamstow Wetlands offer plenty of outdoor recreation options. Walthamstow itself has a vibrant, creative community and was recently named one of the best places to live in London.

In summary, Stirling Road offers a well-rounded and desirable living environmentbalancing residential comfort with excellent access to schools, transport, and green spaces.

Tenure & Council Tax

Tenure: Freehold
Council Tax Band: C
Annual Council Tax Estimate: 2,025
Floor Risk: Rivers & Seas: Very Low, Surface Water: Low
Construction: Brick Built

Hallway - 0.95 x 5.20>4.25 (31' x 170'>1311') - Double glazed door to front aspect, under stairs storage cupboard, laminate flooring, double radiator and power points.

Wc - 0.80 x 1.30 (27' x 43') - Tiled flooring, hand wash basin with mixer tap and low level flush w/c.

Bedroom One - 2.70>3.22 x 4.13 (810'>106' x 136') - Double glazed box bay window to front aspect, double radiator, laminate flooring and power points.

Lounge/Kitchen/ Diner Room - 4.28 x 6.00 (140' x 198') - Range of base and wall units with granite effect roll top work surfaces, tiled splash backs, integrated cooker, gas oven and hob, stainless steel sink and drainer unit with mixer tap, space for fridge freezer and plumbing for washing machine, power points, double glazed window to rear aspect and door leading to garden.

First Floor Landing - Loft access, laminate flooring and power points.

First Floor Bathroom - 2.69 x 1.75 (89' x 58') - Double glazed window to rear aspect, panel enclosed bath with mixer tap and shower attachment, pedestal hand wash basin with mixer tap, heated towel radiator and tiled flooring.

Bedroom Two - 3.32 x 4.00 (1010' x 131') - Two double glazed windows to front aspect, double radiator, laminate flooring, TV aerial and phone point, power points.

Bedroom Three - 3.8 x 2.6 (125' x 86') - Double glazed window to rear aspect, build in wardrobe, double radiator, laminate flooring and power points.

Garden - 4.974 x 4.239 (163' x 1310' ) - Concrete paving.

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

£ 518325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 15625
  • 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

Adjust these figures

£

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

£ 49575
  • 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.

£

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.

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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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

Notes

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