4 bedroom terraced for sale

£875,000 Offers in excess of

4

Bedrooms

1

Bathrooms

Floorplan

A spacious four bedroom terraced villa for sale, chain free, in the popular community of Upper Leytonstone. With potential for development, the property would benefit from refurbishment and modernisation to make a fabulous family home, with exceptional character and great access to local transport links and amenities.
A block paved driveway with space for two vehicles leads to a fully enclosed porch and original front door. The hallway widens into secondary hall providing access to what are currently two reception rooms. This living area could easily be opened up to form a single, spectacular through-reception room.
The first reception features a large bay window looking out to the front of the property and the second offers a south facing orientation with views out to the garden.
At the end of the main hall are two large built-in storage cupboards, with an area at the entrance to the spacious kitchen/diner housing three windows overlooking the gardens side return. A range of base and wall cabinets with extensive workspace makes this a practical kitchen space and the original fireplace which would make a wonderful centrepiece.
From the kitchen, a small vestibule provides additional storage and workspace as well as access to a downstairs WC and the rear garden. Much larger than average for this type of property, the south facing garden offers extensive lawned areas bordered by mature shrubs. Its easy to see the potential for further development from this perspective, given the width of the plot and the attached garage to the side - running the full depth of the house, this can be accessed from both the garden and the front of the property.Upstairs the family bathroom has a white three piece suite with WC, pedestal hand basin and bathtub.
Bedroom three is a double room overlooking the gardens side return. Bedroom four - which is accessed through bedroom three - looks out to the rear garden. Independent access could easily be provided to bedroom four through refurbishment.
Bedroom two is a good-sized double with a large south facing window overlooking the garden. Bedroom one is a large double spanning the full width of the property, with twin windows overlooking the street.
This popular area of Upper Leytonstone has a quiet residential feel yet benefits from exceptional amenities on the doorstep. The property is close to all the services offered by both Leyton and Leytonstone High Roads, including bars, restaurants, shops and supermarkets. Close by are exceptional hospitality businesses such as the Heathcote and Star, Unity Caf, Filly Brook and Arch Deli & Bar. Leytonstone Central Line underground station is a five minute walk, with Leyton Midland Road overground station just ten minutes. There are good schools close by, including the George Tomlinson Primary School and the Norlington High School and 6th Form.
The property is close to three local leisure centres which provide a host of sports activities and outdoor leisure pursuits are also well catered for with Wanstead Flats and Leyton Flats both being around a twenty minute stroll, with Hackney Marshes, Queen Elizabeth Olympic Park and Walthamstow Wetlands nature reserve also within easy reach.
MATERIAL INFORMATIONTenure FreeholdCouncil tax band D
These property particulars have been prepared by Trading Places Estate and Letting Agents under the instruction of the owner and shall not constitute an offer or the basis of any contract. They are created as a general guide and our visit to the property was for the purpose of preparing these particulars. No form of survey, structural or otherwise was carried out. We have not tested any of the appliances, services or connections and therefore cannot verify them to be in working order or fit for the purpose. This includes heating systems. All measurements are subject to a margin of error, and photographs and floorplans are for guidance purposes only. Fixtures and fittings are only included subject to arrangement. Reference made to the tenure and where applicable lease term is based on information supplied by the owner and prospective buyers(s) must make their own enquiries regarding all matters referred to above.

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

£ 724575

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
    £ 21875
  • 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

£ 68325
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message