3 bedroom end of terrace for sale

£449,995

3

Bedrooms

1

Bathrooms

Floorplan

We are delighted to offer this beautifully renovated Victorian end-of-terrace home. With NO ONGOING CHAIN this amazing home has undergone extensive improvements and internal modification, no expense has been spared by its current owners.

This property features 3 double bedrooms, newly fitted modern kitchen with many features, contemporary bathroom, through lounge, Gas Central Heating, Double Glazing and private rear garden. This most appealing property is ready to move into and offers spacious accommodation making it an ideal home for first-time buyers, young families, or investors.

Located in a residential road situated within a short distance walk of the local high street offering a wide range of outlets and services. The property is within walking distance of Silver Street Overground Station which has a frequent service to London Liverpool Street.

Viewings are HIGHLY RECOMMENDED .



Reception 244 x 133
Double glazed windows to front, laminate flooring, modern wall mounted radiators, USB power sockets & electric feature fire place

Reception Other View
Reception Other View
Kitchen 96 x72
Fitted wall & base units including under unit lights, grey tile splash backs, tiled flooring, composite drainer unit with mixer taps & swivel spout. Fitted gas hob & electric oven & retractable telescopic cooker hood

Kitchen Other View
Bathroom 75 X 74
Modern bathroom suite comprising low flush WC, angled bath, walk in shower cubicle & vanity sink unit. Tiled walls & flooring & light up vanity mirror.

Bathroom Other View
Bedroom 1 129 x113
Bedroom 2 105 x 87
Double glazed window to rear, radiator, fitted carpets & USB power sockets

Bedroom 3 95 x 72
Double glazed window to rear, radiator, fitted carpets & USB power sockets

Garden 40 approx.
Garden Other View
Garden Other View

Map location is not available for this property.

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

£ 373945.875

Mortgage Loan to Value

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Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 11249.875
  • 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

£ 36449.625
  • 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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