3 bedroom semi-detached for sale

£600,000 Offers in excess of

3

Bedrooms

Floorplan

Situated on Highfield Road in Woodford Green, this semi-detached three bedroom house offers a perfect blend of comfort and style and boasts larger than average accommodation, making it an ideal family home.

The house features three well-proportioned reception rooms providing ample space for relaxation and entertainment and has has been well maintained throughout showcasing a commitment to quality and care.

Constructed in the 1930s, this home retains a sense of character while benefiting from modern conveniences such as double glazing and gas central heating.

For those with vehicles, off-road parking is available, adding to the convenience of this lovely residence. With vacant possession, you can move in without delay and start making memories in your new home.

The property is ideally situated close to local amenities within a short distance from cafes, shops and Woodford Central Line station, ensuring excellent transport links into London. Additionally, nearby bus routes and road connections to the M11 and A406.

Telephone to arrange a viewing appointment.

Reception Hallway - 3.75 x 0.78 (123' x 26') -

Ground Floor W.C. -

Reception One - 8.23 x 3.78 (270' x 124') -

Reception Two - 3.20 x 3.02 (105' x 910') -

Kitchen - 3.00 x 2.81 (910' x 92') -

Kitchen/Dining Area - 4.16 x 2.39 (137' x 710') -

First Floor Landing Area - 4.93 x 0.93 (162' x 30') -

Bedroom One - 3.75 x 3.75 (123' x 123') -

Bedroom Two - 3.80 x 3.75 (125' x 123') -

Bedroom Three - 2.52 x 2.49 (83' x 82') -

Shower Room - 2.71 x 1.43 (810' x 48') -

Rear Garden - Good Size garden with patio area, timber shed at rear and side access.

Front Aspect - Paved for OFF ROAD PARKING

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

£ 497700

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
    £ 15000
  • 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

£ 47700
  • 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

Adjust these figures

  %
  %
£
  %

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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