3 bedroom terraced for sale

£1,175,000 Offers in excess of

3

Bedrooms

2

Bathrooms

Floorplan

Nestled on the outskirts of the City and Old Street, this stunning four-storey Georgian townhouse offers a unique opportunity to own a home of distinctive charm and historical appeal.

Upon entry, the ground floor welcomes you with an inviting entrance hall that leads into a bright and airy dual-aspect kitchen and dining room, filled with natural light pouring through large sash windows. The room seamlessly opens to a spacious rear garden, perfect for outdoor entertaining. The lower ground floor reveals a stylish reception room, which also provides access to the original coal vaults, ideal for storage. A bathroom is conveniently located on this level.

The first floor hosts two generously proportioned double bedrooms, while the top floor features a spacious third bedroom alongside a beautifully appointed bathroom.

Tucked away on Chart Street, this townhouse offers a peaceful retreat from the citys hustle and bustle, while remaining just a short walk from the vibrant energy of Old Street. Situated in the heart of Londons creative and tech hub, often referred to as Silicon Roundabout, Hoxton has emerged as a hotspot for artists and digital innovators alike. The area is brimming with local treasures, including the renowned Curzon cinema and the charming George and Vulture pub.

Living in Hoxton and Shoreditch means youre surrounded by a diverse range of boutique shops, trendy bars, and renowned restaurants, creating a lively, dynamic neighbourhood. Just moments away, Redchurch Street is home to iconic venues like Shoreditch House and The Boundary Hotel, as well as high-end fashion outlets, coffee houses, and a variety of retail spaces. This location truly offers the perfect blend of vibrant local amenities and tranquil city living

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

£ 972075

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 29375
  • 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

£ 90825
  • 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

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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