5 bedroom end of terrace for sale

£899,950

5

Bedrooms

1

Bathrooms

Floorplan

We are pleased to offer for sale this 1930s extended FIVE BEDROOM end terrace property which has been in the same family for over 60 years, set within a cul-de-sac turning in the highly regarded NIGHTINGALE estate and although the house requires up-dating it does benefit from double glazing, gas central heating, original doors and stained glass windows. The property is within walking distance to the high achieving with Good Ofsted ratings for both Nightingale primary school and Wanstead High School and Wanstead High Street, which offers a vast array of independent shops, boutiques, excellent restaurants and coffee bars. The property is also a short walk to the family friendly local pubs the Duke & The Nightingale both hosts lots of fun events, and just down the road is open space and the River Roding. It is also perfect for commuters as both South Woodford and Snaresbrook Central Line Stations are within easy reach and the North Circular and M11 links close by. The property is offered for sale with NO ONWARD CHAIN. VIEWING DAY SATURDAY 24TH FEBRUARY. Call us on to arrange a viewing.

Entrance Hallway - 4.637 x 1.812 (152' x 511') - Fitted carpet, radiator and stairs to first floor accommodation. Doors to:-

Under Stairs Cloakroom - W.C. wash hand basin and extractor fan.

Reception One - 4.423 x 3.555 (146' x 117') - Double glazed bay window to front aspect, radiator, fitted carpet, picture rail and feature fireplace with coal effect fire.

Reception Two - 3.851 x 3.184 (127' x 105') - Full height double glazed windows and door leading out to rear garden. Picture rail, radiator and fitted carpet.

Kitchen - 2.820 x 2.195 (93' x 72') - Door to garden. Wall mounted central heating boiler.

Landing - Fitted carpet, access to boarded loft via pull down ladder, fitted carpet and radiator.

Bedroom One - 4.518 x 3.564 (149' x 118') - Double glazed bay window to front aspect, fitted carpet, picture rail and radiator.

Bedroom Two - 3.843 x 2.999 (127' x 910') - Double glazed window to rear aspect, fitted carpet, radiator and built-in cupboard.

Bedroom Three - 2.900 x 1.850 (96' x 60') - Double glazed oriel window to front aspect, fitted carpet and picture rail.

Bedroom Four - 4.245 x 2.277 (1311' x 75') - Double glazed window to front aspect.

Bedroom Five - 2.330 x 2.284 (77' x 75') - Double glazed window to rear aspect.

Shower Room - 2.369 x 2.347 (79' x 78' ) - Double shower cubicle, wash hand basin, w.c. airing cupboard, radiator and two windows to rear aspect.

Rear Garden - in excess of 30.48m x 8.23m (in excess of 100 x 27 - South West facing. Paved patio, lawn area with side borders, mature shrubs and trees. Door to attached garage with power and lighting. Additional paved area to the rear with brick built shed/workshop with lighting and power. Rear access.

Front Aspect. - Lawn area. OFF ROAD PARKING and access to garage.

Disclaimer - Whilst every care has been taken to ensure the accuracy of these particulars, such accuracy cannot be guaranteed, and therefore does not constitute any part of an offer or contract. The agent has not tested any apparatus, equipment, fixtures , fittings or services and so does not verify they are in working order, fit for purpose, or within ownership of the sellers, therefore the buyer cannot assume any information is correct. Photographs of the interior of the property are given purely to give an indication of dcor, style etc., and does not imply that any furniture/fittings etc., are included.

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

£ 745158.75

Mortgage Loan to Value

%

Gross Yield

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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
    £ 22498.75
  • 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

£ 70196.25
  • 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

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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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