2 bedroom maisonette for sale

£400,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

Spacious Two Double Bedroom Maisonette with Balcony Near Hackney Central
Discover this inviting two-bedroom split-level maisonette in Hackney, E9 offering generous space and a lovely balcony, perfectly positioned for city living.
Welcome to Barbrook House, where youll find a truly welcoming two-double-bedroom split-level maisonette thats ready for its next chapter. This home is made for comfortable living, offering a generous 890 square feet of space across two well-designed levels, giving you plenty of room to spread out and relax.
As you step inside, youll immediately appreciate the bright and welcoming atmosphere. The layout is thoughtfully designed, creating a natural flow between the living areas. The main reception room is a real highlight, offering a versatile space where you can easily arrange your furniture to create distinct zones for lounging and dining. Imagine cosy evenings in, or perhaps hosting friends for dinner this room provides the perfect backdrop for both. Its a comfortable and practical space that truly feels like the heart of the home.
The kitchen is just the right size for preparing meals, with ample counter space and storage. Its a neat and low-maintenance area that supports your daily routines without fuss. Youll find it easy to keep organised and enjoy your cooking here.
One of the standout features of this maisonette is the private balcony. This outdoor space is a wonderful addition, offering a peaceful spot for your morning coffee or an evening unwind. It extends your living area outdoors, allowing you to enjoy some fresh air and a moment of calm.
Upstairs, youll discover the two double bedrooms, both offering comfortable and private retreats. These rooms are full of light and provide plenty of space for your beds, wardrobes, and any additional furniture you might need. Whether youre setting up a guest room, a home office, or simply enjoying the luxury of two spacious bedrooms, youll find these rooms incredibly versatile. The bathroom is well-maintained and practical, serving both bedrooms efficiently.
This home comes with an 89-year lease, providing a good length of tenure for your peace of mind. Its a well-maintained property that offers a genuine opportunity to secure a fantastic base in a vibrant part of London.
Location is key, and Barbrook House truly shines here. Youll love being just 0.5 miles from Hackney Central, putting you within easy reach of its bustling array of shops, cafes, restaurants, and transport links. Commuting into the city is straightforward, making your daily journey much simpler. For those who appreciate green spaces, youre within walking distance to both London Fields and Victoria Park Village. London Fields offers a fantastic lido and open spaces for recreation, while Victoria Park is one of Londons most beloved parks, perfect for leisurely strolls, picnics, or enjoying community events. The village itself boasts charming independent shops and eateries, adding to the local appeal.
This property is ideal for first-time buyers looking to get onto the property ladder in a sought-after area, or for those seeking a comfortable and well-connected home with room to grow. Its a home with heart, ready for you to move in and make your own. Get in touch today to arrange a viewing wed love to show you around and help you imagine your life here.
Lease Length - 89 Years Service Charge - 3,273.32 pa includes heating costsGround Rent - 9 pa
The property misdescriptions act 1991. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitors.

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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

£
£
£
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Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 332700

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
    £ 10000
  • 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

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£

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

£ 32700
  • 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
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  • 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.

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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

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  • 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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