3 bedroom for sale

£950,000

3

Bedrooms

1

Bathrooms

Floorplan

A well proportioned two story, double-bayed, three-bedroom Victorian terraced house in a desirable tree lined street. The accommodation, including the cellar is 1,287 square feet, with three first floor bedrooms and a bathroom. With two reception rooms, a large kitchen diner with a bay window, ground floor WC and a cellar. There is a front garden and large private rear garden of around 43 feet in length.

This house has an attractive original front facade and is double glazed.

This property has been in the same ownership for more than thirty years, having been let throughout that period. It is let currently; the tenant is entitled to two months notice at the appropriate time. The tenants are waiting for building works to be completed on their home and expect that to be finished by October or November 2025.

The property is in good yet basic condition throughout and along with the garden offers potential for improvement.

The house has gas central heating with the boiler in the kitchen. The garden also has the old external WC which now forms a small shed.

There is also, what would have originally been the coal cellar.

Availability and viewings

Viewings are strictly by appointment with the sole agent Look Property.

The property is sold with vacant possession with no onward chain. The tenants are entitled to two months notice at the appropriate time.

Council Tax: Band D

EPC: Rating C

Tenure: Freehold


Hackney, E8 London Living with Creative Soul and Urban Energy

Hackney stands proudly as one of Londons most vibrant and eclectic boroughs a dynamic mix of heritage, culture, and cutting-edge style. This sought-after area continues to attract creatives, professionals, and families alike with its unique blend of Victorian charm, contemporary living, and thriving community spirit.

From the elegant Georgian terraces of London Fields to the industrial-chic conversions of Hackney Wick, Hackney offers a broad spectrum of residential options. Properties here are rich in character, often featuring original period details, high ceilings, and generous living space with many streets now home to beautifully restored and architect-designed homes.

Residents enjoy an exceptional lifestyle, with access to award-winning restaurants, independent boutiques, artisan coffee shops, and some of East Londons most iconic destinations. Broadway Market, Columbia Road Flower Market, and Hackney Empire are just a few of the local highlights that give Hackney its unmistakable charm.

For green space lovers, Victoria Park, London Fields, and Hackney Marshes provide a welcome contrast to the urban buzz, offering tranquil escapes, sports facilities, and open-air events throughout the year.

Transport links are excellent, with Overground stations at Hackney Central, Hackney Downs, and Dalston Junction providing quick access to the City, West End, and beyond. Several bus routes also connect Hackney seamlessly to Shoreditch, Liverpool Street, and Canary Wharf.

Whether youre seeking a stylish warehouse conversion, a family townhouse, or a modern apartment with city views, Hackney delivers on both lifestyle and long-term investment. Its no wonder the area continues to be one of the capitals most desirable postcodes.



Features
  • Freehold

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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

£ 775200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 23750
  • 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

£ 62700
  • 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.

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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

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This is the assumed rate of house price inflation.

Final Property Value

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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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