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£425,000
Bedrooms
Bathrooms
EXCELLENT LOCATION! A 2 bedroom terraced house, benefitting from an airy open plan reception room area, GCH system and off street parking. The property is located within 0.2 miles of the Elizabeth Line Custom House, shops and local bus routes. Canning Town Jubilee Zone 2 Station is 2 stops. CHAIN FREE.
Epc Rating C.
Council tax banding C (1,649.74) From Government sites.
Utility Supply
Electric, Yes , Octopus Energy
Water, Yes, Thames Water
Heating, Gas, Yes, Octopus Energy Limited
Broadband, Yes available, various.
Sewerage, Yes, Thames Water
Rights and Restrictions
Private rights of way, No
Public rights of way, No
Listed property, No
Risks
Flooded in last 5 years, No.
Flood defences, not for the property, but London has the Thames Barrier.
Source of flood, N/A
Answered to the best of our knowledge.
ELIZABETH LINE SERVICES (CROSSRAIL) FROM CUSTOM HOUSE
The Elizabeth line service runs every five minutes at peak time and allows passengers to travel all the way through to Paddington, Heathrow or Reading in the west and Abbey Wood in the east.
1) Two stops to Canning town Jubilee Station Zone 2
2) DLR connections to Excel, University of London and City Airport
3) Direct Jubilee line connections to Canary Wharf, London Bridge and the West End.
4) Direct access to the A406 North Circular road with links to the M25/M11/A12 and the A13 which leads directly to the Dartford Tunnel with Lakeside and Bluewater Shopping Retail Parks or The Blackwall Tunnel/The City. Direct links via rail to Westfield shopping centre.
Map location is not available for this property.
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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