3 bedroom terraced for sale

£1,050,000 OIRO

3

Bedrooms

Floorplan

Welcome to a charming and timeless mid-terrace family home nestled within the prestigious Warren Estate, a jewel in the crown of Wansteads most exclusive and sought-after locality. This enchanting 1920s period residence seamlessly combines classic elegance with modern convenience, offering a haven of tranquillity in the heart of one of East Londons most desirable neighbourhoods.

Positioned within a verdant oasis, youll find yourself surrounded by open green spaces that epitomize the charm of Wanstead. Explore the natural beauty of Wanstead Park or enjoy a leisurely game of golf at the nearby Wanstead Golf Course, both just a stones throw away. For those seeking respite in the urban landscape, the delightful George Green is at your doorstep, providing a perfect spot for leisurely strolls. Furthermore, the property is conveniently located just 0.3 miles from Wanstead Central Line Station, making commuting to the city a breeze, and the vibrant Wanstead High Street is also within easy reach, offering an array of shops, restaurants, and amenities.

Upon approach, youll be greeted by off-street parking for up to two cars, a rare and coveted feature in this historic neighbourhood. Mature hedges border the driveway, framing the striking bay window that is quintessential of the 1920s period and provides a sense of grandeur.

Step inside, and youll discover over 1200 square feet of warm and welcoming living space, all untouched by modern extensions, preserving the homes original character. The potential to convert the loft space awaits, subject to local planning consent.

The generously proportioned entrance hall welcomes you with a plethora of original features, including the original banister, original doors, and ornate fireplaces. The front reception room is a spacious 198 square feet, boasting a feature fireplace and the imposing bay window that showcases views onto the private driveway, complete with off-street parking. The second reception room, situated at the rear of the property, offers 185 square feet of living space and overlooks the impressive 61-foot South-facing garden, perfect for outdoor relaxation and entertaining.

The galley kitchen, also on the ground floor, provides convenient access to the rear garden, making al fresco dining a delightful option.

Ascending to the first floor, youll find two double bedrooms, each generously proportioned at 200 square feet and 175 square feet, respectively. An additional bedroom and a family bathroom complete the first-floor layout, offering flexibility and comfort for your familys needs.

This charming 1920s family home on The Warren Estate is a rare gem, combining period elegance, modern potential, and a desirable location in one of Wansteads most exclusive and sought-after areas. With its original features, spacious rooms, and proximity to lush green spaces and local amenities, its the perfect place to call home. Dont miss the opportunity to make this extraordinary property yours.

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

£ 862700

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
    £ 26250
  • 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

£ 75200
  • 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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