4 bedroom semi-detached for sale

£1,200,000

4

Bedrooms

1

Bathrooms

Floorplan

VIEWING DAY SATURDAY 5TH OCTOBER. Telephone to arrange an appointment.

Situated on the prestigious Firs Estate close to Epping Forest and Eagle Pond and walking distance to South Woodford Station and George Lane with its numerous restaurants, bars, Waitrose, Sainsburys and Cinema is this delightful extended family home with larger than average accommodation comprising lounge/diner with sliding patio doors to garden, fitted kitchen, cloaks/w.c., on the ground floor and 4 bedrooms and bathroom on the first floor. The property is complimented by gas central heating, double glazing, good size rear garden with timber shed, integral garage and off road parking for 2/3 vehicles. The house lies within the vicinity of many popular schools and bus routes together with A406, M25 & M11 junctions within easy reach. Wanstead Village High Street, Snaresbrook and Wanstead Central Line Stations and Wanstead Park are also within walking distance.

Entrance Porch - 2.45 x 0.87 (80' x 210') -

Reception Hallway - 4.81 x 2.16 (159' x 71') -

Lounge - 4.41 x 8.507 narrowing to 3.63 x 0.83 (145' x 27 -

Ground Floor W.C. - 1.42 x 0.74 (47' x 25') -

First Floor Landing Area - 2.05 x 0.4 (68' x 13') -

Bedroom One - 4.70 x 2.58 (155' x 85') -

Bedroom Two - 3.74 x 3.24 (123' x 107') -

Bedroom Three - 4.59 x 3.94 (150' x 1211') -

Bedroom Four - 2.71 x 2.64 (810' x 87') -

Bathroom - 2.70 x 2.52 (810' x 83') -

Rear Garden -

Front Aspect -

Integral Garage - 5.93 x 2.66 (195' x 88') -

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

£ 993950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 30000
  • 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

£ 93950
  • 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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