4 bedroom terraced for sale

£1,200,000 Fixed Price

4

Bedrooms

3

Bathrooms

Floorplan

Welcome to Abercrombie Road, a stunning four-bedroom terraced townhouse, built in 2019, located in the vibrant and sought-after area of Chobham Manor, near the iconic Olympic Park on Abercrombie Road. This contemporary property offers a perfect blend of luxury, convenience, and community, making it an ideal home for families and professionals alike.Prime Location
Chobham Manor is one of Londons newest and most dynamic neighbourhoods, offering an unparalleled lifestyle experience. Nestled near the Queen Elizabeth Olympic Park, this area is rich in history and boasts a plethora of modern amenities.
Families will appreciate the excellent selection of nearby schools, including Chobham Academy, a top-rated all-through school providing quality education from nursery to sixth form. Additionally, several reputable primary and secondary schools are within easy reach. Enjoy the convenience of local shops, cafes, and restaurants, all within walking distance. For a more extensive shopping experience, Westfield Stratford City, one of the largest urban shopping centers in Europe, is just a short drive or bus ride away.
Commuting is a breeze with exceptional transport links. Stratford International and Stratford stations offer quick connections to Central London via the Central and Jubilee Lines, Overground, and DLR services. The area is also well-served by numerous bus routes, ensuring easy access to the surrounding areas and beyond. Chobham Manor is strategically located with excellent road links. The A12, A13, and A406 North Circular are easily accessible, providing convenient routes to the City, Canary Wharf, and other key destinations.
This beautifully designed townhouse boasts a range of luxurious features that cater to modern living: Each room is thoughtfully designed to provide ample space and natural light, ensuring comfort and relaxation. Enjoy a serene escape in your own private garden, perfect for outdoor dining, gardening, or simply unwinding after a busy day. The first-floor balcony offers a delightful space to enjoy your morning coffee or evening sunset, adding a touch of tranquility to your daily routine. The crowning jewel of this property is the expansive rooftop terrace on the third floor. This versatile space is ideal for entertaining guests, hosting barbecues, or simply soaking in the panoramic views of the surrounding area. The property features contemporary interiors with high-quality finishes, including a state-of-the-art kitchen, stylish bathrooms, and spacious living areas designed for comfort and convenience.
Living in Chobham Manor means becoming part of a thriving community. The area is known for its vibrant atmosphere, with regular community events, sports facilities, and green spaces that promote an active and engaged lifestyle. The proximity to the Olympic Park means endless opportunities for recreation, from cycling and jogging to cultural festivals and concerts.
Estate Management Charge approx 200 pm

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

£ 993950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 30000
  • 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

£ 93950
  • 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

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  • 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

£

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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