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12 Tiller Road, Docklands
£850,000
Bedrooms
Bathrooms
Council tax band: TBC
Jack Barclay Estates are proud to present you this newly refurbished chalet detached bungalow located in the highly sought after Ashley Avenue, Illford.
This remarkable property offers the perfect blend of modern living and spacious comfort! Boasting of 5 double bedrooms with a grand master bedroom having it's very own en-suite.
There are generously proportioned rooms throughout the property that provide ample space for families, great for multi-generational living. On the ground floor, we have the master bedroom with the en-suite with a further 2 bedrooms following the living room and kitchen. Upstairs we have the main bathroom and a further 2 spacious bedrooms with ample space for storage. With the unique LED lights installed in each.
Vertical heaters are strategically placed throughout the home, ensuring that you stay cosy and warm even during the chilliest of seasons.
The property is brilliantly illuminated with downlight spotlights that offer a contemporary and energy-efficient lighting solution. These lights provide a perfect ambience for both daytime and night-time living spaces.
The kitchen is large, a great space for family to spend time together. With brand new integrated appliances and plenty of space for storage!
The living room is spacious with French doors to enter the garden. The garden is large but easy to maintain. It"s a great size for children to play or for pets to run around and in a great corner position.
One of the standout features of this home is the convenience and security provided by the electric gates surrounding the property. These gates not only enhance the overall curb appeal but also offer an additional layer of privacy and safety for you and your family. With ample parking available you can fit 2 or 3 cars on the driveway with an ample of off-street parking available which is perfect for guests.
Illford has an array of amenities and excellent educational options such as Beal Secondary School and the Grammar school both within the catchment area. Along with easy commute routes via Barkingside and Illford Station there is endless opportunities for leisure and recreation such as Fullwell Cross Leisure Center, Valentines Park and so much more!
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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