3 bedroom flat for sale

£340,000

3

Bedrooms

1

Bathrooms

Floorplan

A stylish split-level three-bedroom maisonette in the heart of Woodford Green located in Navestock Crescent, Petty Son and Prestwich are pleased to offer for sale this beautifully presented three-bedroom split-level maisonette offering contemporary living in a sought-after location.

Ideally situated just 0.6 miles from Woodford Central Line Station, you can be in the heart of the city in under 30 minutes. Spanning the second and top floors, this bright and spacious home boasts generous room sizes and a tasteful interior throughout.

Gorgeous wood flooring, crisp white walls, and contemporary wall-mounted white radiators provide a clean and cohesive aesthetic across the home. The heart of the property is the expansive lounge/diner, featuring a calming sage and white colour scheme that perfectly complements the warm wood floors.

The stylish shaker-style kitchen is fitted with cream units, chunky wooden worktops forming a breakfast bar, a butler sink, and striking mini white hexagon splashback tiles. The kitchen is then finished with a large storage cupboard for added practicality. A convenient downstairs cloakroom adds to the functional layout.

Upstairs, youll find two generously sized double bedrooms and a large single, all well-presented with a modern finish. The standout family bathroom features elegant white marble floor tiles, a stunning roll-top bath, and a schoolhouse-style radiator with integrated heated towel rail.

EPC Rating: D60
Council Tax Band: A
Service Charge: 1380
Ground Rent: 10
Lease Information: 125 years from 10th June (102 years currently remain)
An Anti-Money Laundering fee will be applicable to all purchasers at a cost of 5.00 per person.

Reception/ Dining Room - 1411' x 1310' -

Kitchen - 168' x 88' -

Bedroom - 167' x 69' -

Bedroom - 14 x 81' -

Bedroom - 1010' x 65' -

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

£ 283200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8500
  • 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

£ 28200
  • 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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