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£500,000 Offers in excess of
Bedrooms
Bathrooms
Nestled on the charming Brettenham Road, this delightful purpose-built flat offers a perfect blend of comfort and convenience. Spanning an impressive 872 square feet, the property boasts three well-proportioned bedrooms, making it an ideal choice for families or those seeking extra space. The flat features a welcoming reception room, perfect for relaxation or entertaining guests.
Constructed in 1950, this residence has been maintained in good condition, ensuring a pleasant living environment. One of the standout features of this property is the lovely garden, providing a serene outdoor space to unwind or enjoy al fresco dining during the warmer months.
With a long lease in place, you can enjoy peace of mind and stability in your new home. Additionally, the property is chain-free, allowing for a smooth and efficient purchasing process.
This flat is not only a wonderful place to live but also offers excellent access to local amenities and transport links, making it a highly desirable location. Whether you are a first-time buyer or looking to invest, this property on Brettenham Road is a fantastic opportunity that should not be missed.
Localit
Families are well-served by a number of nearby schools. Primary options include The Winns Primary School, Walthamstow Primary Academy, and Roger Ascham Primary Schoolall within a short walking distance. For secondary education, Walthamstow Academy is just 400 meters away, with other schools like South Chingford Foundation School and Holy Family Catholic School also nearby.
In terms of transport, Brettenham Road is conveniently located close to several stations. Walthamstow Central tube and overground stations are approximately 0.9 miles away, with Blackhorse Road and Walthamstow Queens Road also within easy reach. This makes commuting to central London and other areas straightforward.
Walthamstow itself is a vibrant area, known for the historic Walthamstow Village and Walthamstow Market, the longest outdoor market in Europe. The area blends urban living with a strong sense of community, making Brettenham Road a desirable location for both families and professionals.
Tenure & Council Tax
Tenure: Leasehold
Lease Length: 170 Years Remianing
Ground Rent: 125 P/A
Council Tax Band: C
Annual Council Tax Estimate: 2,020 pa
Flood Risk
Rivers & SeasVery Low
Surface WaterVery Low
Hallway - 0.93 x 5.50+0.82 x 6.80 (30' x 180'+28' x 223' - Laminate flooring and two single radiators.
Bathroom - 1.60>1.00 x 2.62 (52'>33' x 87') - Double glazed window to rear aspect, tiled walls and flooring, panel enclosed bath with mixer tap and shower attachment, hand wash basin with mixer tap, low level flush w/c.
Reception - 3.54 x 4.68 (117' x 154') - Double glazed bay window and door to rear aspect, two double radiators, laminate flooring and power points.
Kitchen - 2.85 x 1.78 (94' x 510') - Double glazed window and door to side aspect, tiled flooring and walls, integrated oven with gas hob and electric oven, extractor with hood, integrated fridge, power points and combination boiler.
Bedroom One - 3.40>3.28 x 4.26 (111'>109' x 1311') - Double glazed window to front aspect, double radiator, laminate flooring and power points.
Bedroom Two - 3.35 x 3.57 (1011' x 118') - Double glazed window to rear aspect, double radiator, laminate flooring, build in storage cupboard and power points.
Bedroom Three - 2.67 x 2.62 (89' x 87') - Double glazed window to front aspect, double radiator, laminate flooring and power points.
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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