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£699,995
Bedrooms
Bathrooms
A 3 bedroom semi detached house with a wider than average plot and situated in this highly sought after location with fabulous far reaching views to the rear towards the reservoirs and beyond. The property, which has great potential to improve /enlarge, subject to planning permission, has a large attached garage to one side. There are two reception rooms plus a kitchen, sun lounge and ground floor w.c. Beautiful Epping Forest is just a short stroll away, at the top of Woodberry Way and Chingford Overground Station is around 0.7 miles away. The Vendors inform us that there is no onward chain.
Accommodation on the ground floor comprises:-
Recessed main entrance door with adjacent stained glass leaded window opening to:-
RECEPTION HALL: coved ceiling, radiator, under stairs storage.
LOUNGE: double glazed bay window to front, coved ceiling, tiled fireplace, radiator.
SEPARATE DINING ROOM: door and windows onto sun lounge, coved ceiling, radiator, serving hatch to kitchen.
KITCHEN: fitted wall and base units, 1.5 stainless steel sink unit, integrated Bosch stainless steel oven, four ring electric hob with extractor over, plumbing for washing machine, space for upright fridge/freezer, coved ceiling.
SUN LOUNGE: windows to two sides, door to garden.
GROUND FLOOR W.C.: low flush w.c. and basin finished in white.
Accommodation on the first floor comprises:-
LANDING: frosted double glazed window to side, large built in airing cupboard with Ideal gas central heating boiler and storage, access to loft space.
BEDROOM 1: double glazed bay window to front, fitted wardrobes to one side, radiator.
BEDROOM 2: double glazed windows to rear offering far reaching views across the reservoir, built in storage, radiator.
BEDROOM 3: double glazed oriel bay window to front, radiator.
SHOWER ROOM: frosted double glazed window to rear, large tiled walk in shower, pedestal basin, tiled floor, radiator.
SEPARATE W.C.: frosted double glazed window to rear, low flush w.c., tiled floor.
WELL MAINTAINED GARDEN: approx 28 (8.5m deepest point) x 37 (11.5m wide), L shaped lawn area, paved patio, door to:-
LARGE GARAGE: with electric garage door.
FRONT DRIVEWAY: off street parking for two cars.
Any descriptions of equipment, appliances or services do not imply that they are in good or serviceable condition. All areas, measurements & distances are approximate and are intended for guidance only. Purchasers must satisfy themselves about any statements made in these particulars, especially if they are travelling a long distance in order to view the property. Personal items and other belongings are not included in the sale, unless specifically stated in our text description. As with all Estate Agents, Next Move are subject to The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. We are registered with and supervised by HMRC for compliance, and therefore required by law to conduct due diligence on all customers (vendors and purchasers), which includes, but is not limited to, verifying customers identity by way of photo and address documentation, electronic checks, obtaining proof of ownership of property, establishing any beneficial owners, and verifying proof and source of funds. We obtain a copy of these documents for our records, and this data is kept for at least five years from the end of our business relationship. These requirements come under part of our Anti Money Laundering Policy and we are unable to begin a business relationship with any customer if we are unable to obtain the information needed. Subject to circumstances, we may also seek to obtain supporting documentation.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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