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10 Roding Lane South, Redbridge
£230,000
Bedrooms
Bathrooms
'PUBLIC NOTICE' Sandra Davidson Estate Agents are now in receipt of an offer for the sum of 230,000 for 46b Seymour Gardens, Ilford, IG1 3LP. Anyone wishing to place an offer on this property should contact Sandra Davidson Estate Agents, 10 Roding Lane South, Redbridge IG4 5NX on before exchange of contracts.
'' CHAIN-FREE''
Nestled in the charming area of Seymour Gardens, Ilford, this delightful one-bedroom maisonette offers a perfect blend of comfort and convenience. Upon entering, you are welcomed into a spacious reception room, ideal for relaxation or entertaining guests. The well-appointed bedroom provides a serene retreat, ensuring restful nights and peaceful mornings.
The property features a modern bathroom, designed with functionality in mind, catering to all your daily needs. The layout is thoughtfully designed to maximise space, making it feel both inviting and practical.
One of the standout features of this maisonette is the availability of parking for one vehicle, a valuable asset in this bustling area. This convenience allows for easy access to local amenities and transport links, making commuting and daily errands a breeze.
Seymour Gardens is a lovely neighbourhood, known for its friendly community and proximity to various shops, parks, and schools. Whether you are a first-time buyer or looking to downsize, this property presents an excellent opportunity to enjoy a comfortable lifestyle in a sought-after location.
In summary, this charming maisonette in Seymour Gardens is a wonderful choice for those seeking a cosy home with essential amenities and a welcoming community atmosphere. Do not miss the chance to make this delightful property your own.
Entrance Hallway - 3.0m x 1.75m (910' x 58') - Wooden laminate flooring, walls painted white, light fitting, doors leading to living room, kitchen and bedroom.
Living Room - 3.62m x 3.25m (1110' x 107') - Wooden laminate flooring, walls painted white, light fitting, radiator, tall ceilings circa 2.5m in height, large double-glazed bay windows.
Kitchen - 2.44m x 1.63m (80' x 54') - Wooden laminate flooring, walls part-tiled/part-painted white, light fitting, tall ceilings circa 2.5m in height, double-glazed bay window, kitchen cabinets, low-level fridge-freezer, gas hob, extractor unit, sink, washing machine, and combi-boiler.
Bedroom - 3.5m x 3.28m (115' x 109') - Wooden laminate flooring, walls painted white, light fitting, radiator, tall ceilings circa 2.5m in height, double-glazed bay window, and doors leading to shower room and rear hallway.
Shower Room -
Rear Hallway - 1.86m x 0.85m (61' x 29') - Wooden laminate flooring, walls painted white, light fitting, doors leading to cellar/basement and garden.
Cellar/Basement - 6.25m x 1.80m (206' x 510') - Stairs leading downstairs to a low-height ceiling dry cellar/basement, meters and light fitting.
Garden - 16m x 10m (525' x 329') - Part-paved/part-lawn garden with side access gate to the property.
Lease Terms & Disclaimer - This property has 80 years remaining of a 99 year lease. Ground rent is 300pa and service charge to be confirmed.
''Please note that any services, heating system, or appliances have not been tested, and no warranty can be given or implied as to their working order.''
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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