Blondin Street, Bow, Fish Island, Mile End, Bow, Old Ford, Olympic Park, London, E3 2TR

1 /2
Available / For Sale

4 bedroom town house for sale

£894,995

4

Bedrooms

2

Bathrooms

Floorplan

Council tax band: TBC

Jack Barclay Estates are happy to offer this spacious modern town house over 1241 sq ft spanning over four floors. 5 Bedrooms, reception, patio garden, 2 bathrooms, a spacious kitchen / dinning area and off road parking. The house has use of the Bow Quarter development facilities to include the Bow Quarter development facilities to include gym, swimming pool and landscaped garden.

This property presents a unique opportunity for those seeking a spacious and comfortable family home in a highly desirable location. Whether you are considering it as a buy-to-let investment or turning this with some improvement to a new family home, this mid-terraced house offers exceptional potential and versatility. Don't miss out on this rare chance to secure a prime property adjacent to Roman Road and its bustling market.

Roman Road

Nestled in the vibrant heart of Bow, the neighbouring properties to the iconic Roman Road Market offer an unparalleled blend of historic charm and modern convenience. This bustling area is renowned for its eclectic mix of independent boutiques, trendy cafes, and diverse eateries, providing a lively community atmosphere right at your doorstep. The beautifully maintained period homes and contemporary apartments benefit from excellent transport links, including the nearby Mile End and Bow Road stations, ensuring seamless connectivity to the rest of London. Whether you"re drawn by the cultural vibrancy, the proximity to green spaces like Victoria Park, or the allure of a dynamic local market, these properties present a unique opportunity to enjoy the best of East London living.

Transportation Hub: Mile End enjoys superb connectivity. The Mile End Underground station links the neighbourhood to multiple London Underground lines (Central, District, and Hammersmith & City), making the city centre and other parts of London easily accessible. An extensive bus network further enhances transportation options.

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

£ 741070.875

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
    £ 22374.875
  • 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

£ 69824.625
  • 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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