3 bedroom terraced for sale

£375,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Guide Price: 375K - 400K

Nestled in the tranquillity of a quiet cul-de-sac, welcome to this exceptional 3 Bedroom Mid-Terraced House that stands as a true gem in the vibrant neighbourhood. From the ground floor WC to the abundance of natural light cascading through, every detail of this property exudes elegance and comfort. Conveniently located within walking distance to Grange Hill & Hainault Underground Stations (Central Line), commuting is a breeze for residents. Offering seamless access to local shops, esteemed schools, and the picturesque Hainault Forest Country Park, this residence is a haven for those seeking a harmonious blend of convenience and nature. With the added allure of residential parking and a detached car garage, the practicality of this abode is incomparable. This property is in impeccable condition, ready to embrace new owners seeking a harmonious blend of comfort and convenience.

Step outside into the serene outdoor space of this property and find yourself amidst a sanctuary of tranquillity. With a meticulously landscaped garden, this outdoor retreat is perfect for relaxing evenings or entertaining guests amidst lush greenery. The outdoor space also offers the potential for personalisation and expansion, offering a canvas for creative landscaping to enrich the overall living experience. Whether enjoying a quiet morning coffee or hosting a lively gathering, this outdoor oasis provides the perfect setting for a variety of occasions. Dont miss the opportunity to make this coveted property your own. With its pristine condition and desirable location, this residence is not only a home but a lifestyle waiting to be embraced. Act swiftly to seize this rare chance to own a slice of tranquillity in the vibrant heart of the community.


EPC Rating: C

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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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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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
    £ 9375
  • 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

£ 30825
  • 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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