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£789,999
Bedrooms
Bathrooms
We are pleased to present this perfectly located four double-bedroom mid-terraced town house developed and completed in June 1992 by London Borough Tower Hamlets, situated in Hewison Street adjacent to the bustling Roman Road and its vibrant market. This property has served the current owners as a successful buy-to-let investment since 2003 and now offers a unique opportunity for new owners.This exceptional property offers spacious living with Four Double Bedrooms: Generously sized, offering ample space for family living and home office use.The large Reception Room is Perfect for entertaining, with direct access to the garden conservatory room that overlooks the private rear garden, ideal for relaxation and enjoying natural light.The house has an off-street parking space, gas central Heating, and can be offered furnished, Move-in ready with stylish and comfortable furnishings included.Whether you are looking for a comfortable family home or a solid investment opportunity, this property is not to be missed. Contact us today to arrange a viewing and explore the potential of this mid-terraced house.AccommodationAs you enter the property from Hewison Street, the front door opens into an inviting entrance hallway. From here, you are led to a separate kitchen, fully equipped with ample storage cupboards, laminated worktops, and kitchen appliances, ensuring a practical and functional cooking space.Continuing through the hallway, you reach the spacious reception room, which features sleek laminate flooring, providing a warm and contemporary feel. This reception area seamlessly extends via patio doors into a fully tiled conservatory, offering a bright and airy additional living space. From the conservatory, French doors open out to your very own private garden measuring 38.5 square meters (415 square feet). This garden space is perfect for relaxation, gardening, or entertaining, providing a tranquil escape right at your doorstep.Ascending the stairs to the first floor, you are welcomed by two generously sized double bedrooms. The main bedroom and the second double bedroom offer ample space and comfort. These rooms conveniently share a separate cloakroom, which is equipped with a toilet and sink, ensuring practicality and ease of access. This thoughtful layout enhances the living experience, making it ideal for family members or tenants.Continuing up to the second floor, you will find two additional spacious double bedrooms, bedroom three and bedroom four. These rooms are perfect for family members, guests, or tenants, offering comfort and privacy. Both bedrooms share the main family bathroom, which is well-appointed with a shower bath, toilet, and sink, providing convenience and modern amenities for the household. This thoughtful configuration ensures that all occupants have access to essential facilities, enhancing the overall living experience.Roman RoadNestled in the vibrant heart of Bow, the neighbouring properties to the iconic Roman Road Market offer an unparalleled blend of historic charm and modern convenience. This bustling area is renowned for its eclectic mix of independent boutiques, trendy cafes, and diverse eateries, providing a lively community atmosphere right at your doorstep. The beautifully maintained period homes and contemporary apartments benefit from excellent transport links, including the nearby Mile End and Bow Road stations, ensuring seamless connectivity to the rest of London. Whether youre drawn by the cultural vibrancy, the proximity to green spaces like Victoria Park, or the allure of a dynamic local market, these properties present a unique opportunity to enjoy the best of East London living.BowMile End, nestled in Londons East End, is a captivating neighbourhood that seamlessly blends its historical roots with modern vibrancy.Historical TapestryMile Ends history stretches back to its origins as the 'mile end' point from the medieval city walls of London. Its industrial past is still visible in some pockets of the area, offering a glimpse into its evolution over the centuries. Residents and visitors alike are drawn to Mile End Park, a sprawling green space that features a picturesque canal, walking and cycling paths, and even a climbing wall. Nearby Victoria Park, one of Londons largest and most renowned parks, adds to the neighbourhoods appeal with its tranquil lakes and scenic vistas.Cultural Mosaic: Mile End thrives on its cultural diversity. The neighbourhood is a microcosm of Londons multiculturalism, reflected in its array of international eateries, bustling street markets, and regular cultural events. Its a place where different cultures converge, creating a unique and dynamic atmosphere.Art and Entertainment: Genesis Cinema, a historic landmark, offers a cinematic experience with a blend of mainstream and independent films. The Troxy Theatre nearby is a vibrant venue hosting concerts, comedy shows, and live events, contributing to the neighbourhoods cultural flair.Academic Excellence: Home to Queen Mary University of London, Mile End fosters intellectual growth and youthful energy. The university brings in students from various backgrounds, adding to the neighbourhoods academic and cultural richness.Transportation Hub: Mile End enjoys superb connectivity. The Mile End Underground station links the neighbourhood to multiple London Underground lines (Central, District, and Hammersmith & City), making the city centre and other parts of London easily accessible. An extensive bus network further enhances transportation options.Community Spirit: Mile End is known for its strong sense of community. Local organizations, communal gardens, art projects, and neighbourhood festivals contribute to a thriving and inclusive atmosphere, where residents are encouraged to participate actively.In summary, Mile End offers a compelling blend of history, green spaces, cultural diversity, educational institutions, entertainment options, and excellent transportation. Its dynamic housing options make it an inviting place to live, and the sense of community fosters a welcoming atmosphere for residents and visitors alike.VICTORIA PARKVictoria Park is a large, public park located in East London, England. Covering an area of approximately 86 hectares (212 acres), it is one of the citys largest and most popular parks. The park was originally created in the 19th century as a part of a movement to provide green space for the rapidly growing urban population of London. It has since become an important part of the local community, offering a variety of recreational opportunities and hosting a range of events throughout the year.Victoria Park features a mix of open grassy areas, woodland, and waterways. It includes several lakes and ponds, as well as a boating lake, which is popular with visitors during the summer months. The park also contains several sports facilities, including a cricket pitch, football pitches, and tennis courts. In addition to its natural beauty and recreational facilities, Victoria Park is also home to a number of attractions, including the Victoria Park Pavilion, a historic building that now houses a caf and visitor centre. The park is also home to a sculpture trail, which features several modern artworks scattered throughout the park.FinallyThis property presents a unique opportunity for those seeking a spacious and comfortable family home in a highly desirable location. Whether you are considering it as a buy-to-let investment or turning this with some improvement to a new family home, this mid-terraced house offers exceptional potential and versatility. Dont miss out on this rare chance to secure a freehold prime property adjacent to Roman Road and its bustling market.Tenure: Freehold with parking spaceCouncil Tax: Band: D
EPC Rating: CAsking Price: 850,000 All viewings strictly by appointment.
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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