4 bedroom terraced for sale

£675,000

4

Bedrooms

2

Bathrooms

Floorplan

''' CHAIN FREE!!! '''

Sandra Davidson are pleased to offer for sale this EXTENDED, DOUBLE FRONTED FAMILY HOME on a much sought after turning in Redbridge. This property offers SCOPE TO FURTHER EXTEND & MODERNISE and features; A Through Lounge Reception, EXTENDED KITCHEN/DINER, Lounge/Study and Shower Room on the ground floor, with FOUR BEDROOMS and family bathroom on the first floor, To the rear of the property is a c82 REAR GARDEN with off street parking for multiple cars to the front on own PAVED DRIVEWAY. The property is situated within the Redbridge and Beal SCHOOL CATCHMENT area with easy access to REDBRIDGE UNDERGROUND STATION.

This outstanding home is OFFERED CHAIN FREE can only be appreciated by an internal inspection. and comprises:-

Entrance - Via double glazed UPVc door into fully enclosed storm porch with fitted carpet, light, further double glazed door into entrance hall with; fitted carpet, radiator, access to under stair storage, carpeted stairs to first floor, doors to:

Reception One - 4.67m x 3.36m (154' x 110') - Double glazed bay window to front, fitted carpet, light, glazed bi-fold doors to:

Reception Two - 3.99m x 3.74m (131' x 123') - Double glazed French doors to rear garden, fitted carpet, light

Extended Kitchen/Diner - Two windows to front, door to:

Dining Area - 3.00m x 2.25m (910' x 75') - Double glazed window to rear, vinyl flooring, light, opening to:

Kitchen Area - 3.95m x 2.65m (130' x 88') - Fitted wall and base units, work surface with tiled splash back, four ring gas hob with extractor hood over, one and a half bowl sink with drainer, integrated dishwasher, integrated oven/grill, vinyl flooring, wall mounted boiler, double glazed window to rear, double glazed door to flank into garden

Lounge/Study - 4.68m x 2.40m (154' x 710') - Double glazed window to front, radiator under, fitted carpet, light

Shower Room - Suite comprising; enclosed walk-in shower cubicle, low level WC, pedestal hand wash basin, radiator, vinyl flooring, light

First Floor Landing - Fitted carpet, light, doors to:

Bedroom One - 4.68m x 3.36m (154' x 110') - Double glazed bay window to front, fitted cupboards, fitted carpet, light

Bedroom Two - 3.96m x 3.36m (130' x 110') - Double glazed window to rear, vinyl flooring, light

Bedroom Three - 2.56m x 2.27m (85' x 75') - Double glazed window to front, fitted carpet, light, radiator

Bathroom - Coloured suite comprising; Bathtub, low level WC, pedestal hand wash basin, radiator, fitted carpet, partly tiled walls, two double glazed windows to rear, fitted cupboard housing hot water tank, light

Bedroom Four - 6.57m x 2.42m (217' x 711') - Double glazed window to front, fitted carpet, radiator, light, access to front and rear eaves, sky-light window to rear

Exterior - 25 (820') - The rear garden measures approximately 82 with paved area to front and remainder laid lawn

To the front is off street parking for multiple cars on own driveway

Agents Note - No services or appliances have been tested by Sandra Davidson Estate Agents.



Features
  • Freehold

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

£ 559575

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
    £ 16875
  • 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

£ 53325
  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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