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10 Roding Lane South, Redbridge
£550,000 Guide Price
Bedrooms
Bathrooms
''' GUIDE PRICE 550,000 to 575,000 '''
Sandra Davidson Estate Agents are delighted to present this charming three-bedroom terraced house located on Eastern Avenue in GANTS HILL. This property offers a wonderful opportunity for those looking to make their mark, as it provides ample scope for further extension, subject to planning permission, and modernisation to suit your personal taste.
Upon entering, you will find a welcoming reception room that serves as a perfect space for relaxation or entertaining guests. The three well-proportioned bedrooms offer comfortable living arrangements for families or individuals alike. The property also features a bathroom, ensuring convenience for daily routines.
Situated within a short walking distance to Gants Hill Central Line Station, this home is ideally located for commuters, providing easy access to central London and beyond. The surrounding area boasts a variety of local amenities, including shops, schools, and parks, making it a desirable location for families and professionals.
This property presents an excellent opportunity for buyers looking to invest in a home with potential. With the right vision and creativity, you can transform this house into your dream residence. Do not miss the chance to view this CHAIN FREE property and explore the possibilities it has to offer.
Entrance - Via fully enclosed storm porch, further door to entrance hall with; laminate wood flooring, light, radiator, carpeted stairs to first floor, access to under stairs storage, doors to:
Reception - 9.10m x 4.16m (2910' x 138') - Double glazed bay window to front, three radiators, laminate wood flooring, light, glazed door to Conservatory
Kitchen - 3.18m x 2.50m (105' x 82') - Fitted wall and base units, work surface with tiled upstand, five ring gas hob with extractor hood over and double oven, one bowl sink, space and services for washing machine and dishwasher, cupboard housing boiler, vinyl flooring, light, double glazed window to rear, double glazed door to rear into garden
Conservatory - Double glazed windows to both flanks, double glazed door to rear into garden, laminate wood flooring, light, radiator, folding door to:
Wc - Low level WC, hand wash basin, radiator, partly tiled walls, light, double glazed window to rear and flank
Landing - Fitted carpet, access to loft space, fitted cupboard, light, doors to:
Bedroom One - 4.52m x 3.86m (1410' x 128') - Double glazed bay window to front, radiator, light, laminate wood flooring
Bedroom Two - 4.20m x 3.58m (139' x 119') - Double glazed window to rear, radiator, light, laminate wood flooring
Bedroom Three - 2.60m x 2.24m (86' x 74') - Double glazed bow window to front, radiator, light, laminate wood flooring
Bathroom - Suite comprising; Bathtub with shower screen and shower over, low level WC, pedestal hand wash basin, radiator, partly tiled walls, spotlights to ceiling, two double glazed windows to rear
Exterior - 15m (492') - The Rear Garden measures approximately 50 with wood decking area to front remainder lawn with mature shrub and fruit tree borders
To the front is off street parking for multiple cars on own driveway
Agents Note - None of the appliances or services have been tested by Sandra Davidson Estate Agents
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.
10 Roding Lane South, Redbridge
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