4 bedroom terraced for sale

£950,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

An outstanding and exceptionally well-maintained four bedroom Victorian house for sale near the sought after Francis Road. With spacious rooms, high quality fixtures and fittings and well-considered design touches throughout, this is a fabulous family home and offers exceptional local amenities and transport links.
Entering into a small, well-tended front garden youll note the attractive architectural features and the stained-glass panelled front door leading into a hallway with space for coats and shoes, a large radiator and beautiful light oak hardwood flooring. The reception room retains many of its original features and includes built-in storage and a bay window looking out to the front garden. A chevron pattern hardwood parquet floor, with underfloor heating, complements the white trim and dark teal walls. Next, the wonderful kitchen family room, with its stunning design and executed extension. The kitchen area includes Bosch integrated appliances, tiled backsplashes and high gloss cabinets - which continue into the dining space to provide a bar area with lower cabinets and open shelving. Theres space for a large dining table plus access to a large built-in cupboard and downstairs cloakroom offering attractive geometric design tiling and a small vanity unit with top-mounted hand basin. Beyond the dining area, the extension provides a delightful family lounge area with views to the garden through expansive modern framed glazing, plus skylight for additional natural light. Attractive hardwood flooring along with simple white painted walls provides a comfortable and contemporary atmosphere. The south-east facing garden includes a lawned area leading to a secluded seating area, all brought together by mature shrubs and planting.
On the first floor, the split-level landing includes a utility cupboard with space for a washing machine, plus useful storage. The stylish family bathroom has underfloor heating, and includes a four-piece suite comprising WC, vanity unit with top-mounted basin, a deep free-standing bathtub and a fully glazed shower unit. Beautiful tiles in multiple shades of teal adorn the walls and the tiled floor has the same chevron pattern as the reception room and the flooring used throughout all of the first and second floor areas. Bedroom two is a good sized double and includes an exposed brick feature wall with original fireplace, framed by built-in wardrobes. Bedroom one is a large double at the front of the property and has another bay window as well as extensive built-in storage. On the second floor, the shower room has a glazed shower cubicle, WC and basin with vanity unit below. Bedroom three is a large double with skylights and a full-height window offering lovely garden views. Bedroom four is a large single room, currently used as a study and music room. The property is situated within the very popular Francis Road area of Leyton with its renowned local amenities and transport links. Many other services can also be found nearby, including supermarkets, retail parks and the businesses on Leytonstone High Road. This area is also ideal for lovers of outdoor leisure pursuits, as some of Londons best green spaces are within easy access, including Wanstead Flats, Hackney Marshes and the Queen Elizabeth Olympic Park. A note from the owners
About our house.Step inside our home! Weve shaped it with a love for style, comfort, and practicality, making it a cosy and welcoming place to live.We love clean, uncluttered spaces, which is why we installed extensive fitted wardrobes throughout so spacious they could practically fit an elephant!The recently renovated bathroom is a true sanctuary, featuring a stunning freestanding bath (big enough for two) and a large corner shower that makes every morning feel like a spa experience. Every aspect has been carefully considered to balance functionality and style, from the bespoke, made-to-measure shutters to the sleek sockets and light switches throughout, to the installation of a smart thermostat and boiler control for enhanced comfort and efficiency.'One of the best things about this home is how it changes with the seasons. In summer, the bi-fold garden doors open up to bring the outdoors in, creating the perfect space for entertaining or unwinding in the fresh air. In winter, the thoughtfully designed lighting keeps things warm and cosy, and from the sofa, you can enjoy watching the gardens lively wildlife squirrels, cats, birds, and the occasional curious foxes, all year round. We made sure to plant evergreen plants so that the garden remains green and lush in the winter!The kitchen is very functional, with plenty of storage, with individual built in full size fridge and freezers and a gas hob, perfect for those who love to cook.The house is filled with natural light, making it bright and uplifting all year round.We truly love this home, and the only reason were moving is that weve found a house with an annex to accommodate our family-in-law. Otherwise, wed happily stay forever.
About the neighbourhoodLocation is everything, and this house has it! Situated in the middle of Richmond Road, were right between Francis Road, with its charming independent shops and restaurants, and the Heathcote & Star pub and Unity Caf, where youll always find a friendly face.For commuters, the Central Line is less than a 10-minute walk away, offering quick access to the city. For families, there are great schools nearby. And for those who love to stay active, weve loved being just a 10-minute walk from the Better Centre swimming pool - perfect for morning swims or family fun.More than anything, this is a warm and welcoming community. Its a place where neighbours look out for each other, where you can grab a coffee on your way to work, and where theres always something happening. Whoever moves in next is going to love it just as much as we have.
MATERIAL INFORMATIONTenure FreeholdCouncil tax band C
To view this property, please contact a member of our friendly and helpful team of property professionals.
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: £4,108.44

Total Interest: £529,036.68

Overall Total: £1,479,036.68

Amortization For Monthly Payment: £4,108.44 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£30,120.30 £19,180.92 £930,819.08 
2026£29,497.43 £19,803.79 £911,015.29 
2027£28,854.33 £20,446.89 £890,568.40 
2028£28,190.35 £21,110.87 £869,457.52 
2029£27,504.80 £21,796.42 £847,661.11 
2030£26,796.100 £22,504.22 £825,156.88 
2031£26,066.21 £23,235.02 £801,921.87 
2032£25,311.68 £23,989.54 £777,932.33 
2033£24,532.66 £24,768.56 £753,163.76 
2034£23,728.34 £25,572.89 £727,590.87 
2035£22,897.89 £26,403.33 £701,187.55 
2036£22,040.48 £27,260.74 £673,926.81 
2037£21,155.23 £28,145.99 £645,780.82 
2038£20,241.23 £29,059.99 £616,720.83 
2039£19,297.55 £30,003.67 £586,717.15 
2040£18,323.23 £30,977.100 £555,739.16 
2041£17,317.26 £31,983.96 £523,755.20 
2042£16,278.63 £33,022.59 £490,732.60 
2043£15,206.27 £34,094.95 £456,637.65 
2044£14,099.09 £35,202.14 £421,435.51 
2045£12,955.95 £36,345.27 £385,090.24 
2046£11,775.69 £37,525.53 £347,564.71 
2047£10,557.10 £38,744.12 £308,820.59 
2048£9,298.94 £40,002.28 £268,818.31 
2049£7,999.93 £41,301.29 £227,517.01 
2050£6,658.73 £42,642.49 £184,874.52 
2051£5,273.98 £44,027.25 £140,847.28 
2052£3,844.26 £45,456.97 £95,390.31 
2053£2,368.11 £46,933.11 £48,457.20 
2054£844.03 £48,457.20 £0.00 

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

£ 775,200

Mortgage Loan to Value

82%

Gross Yield

12%

Annual ROI

34%

Annual Rental Profit

£ 51,928

Cumulative Rental Profit

£ 519,280

Cost of Purchase

£ 62,700
  • Stamp Duty
    £ 36,250

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

  • Refurbishment Budget
    £ 23,750
  • 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

£ 62,072
  • Mortgage Interest
    £ 34,884

    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)
    £ 15,048
  • Letting Fee
    £ 240
  • Maintenance
    £ 11,400
  • 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

£ 1,054,030
  • Final Equity Profit
    £ 534,750

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £ 519,280

    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

£ 1,547,450

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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