3 bedroom maisonette for sale

£450,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Welcome to this inviting three-bedroom split-level maisonette on Shrubland Road, a wonderful opportunity for those looking to create their ideal home in a vibrant London location. With a guide price of 450,000, this property offers a generous 927 square feet of living space, providing plenty of room for you to spread out and truly make it your own. Its a fantastic find for first-time buyers eager to step onto the property ladder or for a rental investor seeking a promising addition to their portfolio.
As you step inside, youll immediately appreciate the flexible layout this home offers. The split-level design provides a sense of separation and privacy between the living areas and the bedrooms, making it a comfortable and practical space for everyday life. While the property requires some modernisation, this presents a brilliant chance for you to infuse your own style and preferences, transforming it into a home that perfectly reflects your taste and needs. Imagine designing your dream kitchen or updating the bathroom to create a serene retreat the possibilities are exciting.
This maisonette features three genuine double bedrooms, a real highlight that sets it apart. Youll find plenty of room for comfortable double beds, wardrobes, and even a desk if you need a dedicated workspace. This generous sizing means that whether youre sharing with family or friends, everyone will have their own peaceful sanctuary. The single reception room offers a versatile space for relaxation, entertaining, or simply unwinding after a busy day. Its a bright and welcoming area where you can gather with loved ones or enjoy a quiet evening in.
The bathroom is conveniently located to serve all three bedrooms, and while it may benefit from an update, its perfectly functional for immediate use. The layout of this home is thoughtfully designed to maximise space and light, ensuring a comfortable living experience.
One of the most appealing aspects of this property is that it is offered chain-free. This means a smoother, potentially quicker, buying process for you, reducing the complexities often associated with property transactions. Its ready for its next chapter, and you could be the one to write it.
Beyond the walls of this charming maisonette, youll discover the incredible lifestyle benefits of its location. Shrubland Road is quietly positioned, yet incredibly well-connected. Youll love being within walking distance to the much-loved London Fields, a fantastic green space perfect for leisurely strolls, picnics, or enjoying the vibrant atmosphere of Broadway Market. Imagine spending your weekends exploring the independent shops, cafes, and eateries that make this area so popular.
For your daily commute or adventures across the city, Haggerston Station is just a five-minute walk away. This excellent transport link provides easy access to the Overground network, connecting you swiftly to various parts of London. This convenience makes the property an ideal choice for professionals working in the city or anyone who values quick and easy access to public transport.
This home truly offers a blend of comfort, practicality, and an enviable location. Its a home with heart, ready for you to bring your vision to life. Whether youre a first-time buyer looking for a solid investment to grow into, or a rental investor seeking a property with strong appeal in a sought-after area, this maisonette is just the right size for your aspirations. Its a rare opportunity to acquire a spacious three-bedroom property in such a desirable London postcode.
Ready to move in and make your own, this home is full of potential and heart. Get in touch today to arrange a viewing wed love to show you around.
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

£
£
£
£

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

Mortgage Required

£ 373950

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
    £ 11250
  • 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

£ 36450
  • 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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