4 bedroom terraced for sale

£950,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

A spacious, beautifully presented four bedroom terrace house for sale in the sought after Francis Road area of Leytonstone. The spacious accommodation includes an extended dining-kitchen, incorporating a stylish informal family living space, plus a loft conversion to provide a total of four large bedrooms and two bath/shower rooms.
Sat on a popular street with residents only parking, this well-maintained property retains many original features, such as the beautifully preserved original front door. The hallway features stylish timber trim and herringbone patterned hardwood flooring which extends into the reception room and family room extension. A door leads to useful storage cellar. The reception room at the front has beautifully crafted built-in storage, an attractive fireplace and feature bay window. The spectacular extended kitchen-dining-family room offers a U-shaped kitchen with an array of high-quality cabinets and a large 6-ring gas hob built into the original fireplace backed by unique multi-hued tiles to match the backsplashes. Theres also an integrated fridge-freezer, a built-in high-level double oven, an inset Belfast sink and plumbed-in space for a dishwasher and washing machine. Alongside the kitchen area is a generous family dining space with built-in storage, beyond which is the stylish family room extension with a yellow brick feature wall, a large skylight and a set of full height industrial windows and matching crittall-style French doors. The French doors lead out to the 35ft south-east facing garden, with a stone paved terrace and mature borders leading to a second terrace with a built-in booth-style dining area, plus useful covered storage. The first-floor landing has been cleverly re-designed to incorporate access to the second-floor loft extension. The stylish family bathroom has a traditional style WC, a large basin set on a brass stand, a large bathtub with rain and hand-held showers and attractive glazed screen, as well as recently installed under floor heating. Unusual iridescent tiles in multiple tones of dark teal provide the finishing touch to this sophisticated and well-designed space. Bedroom two is a good-sized double with built-in storage and an original cast iron fireplace. Bedroom one is a large double with built-in wardrobes, a Victorian style timber fire surround and a small bay window overlooking the front garden. The stairs to the second floor, which have a skylight above, lead to a small landing providing access to the shower room and two additional bedrooms. The shower room has a WC, a wall-mounted basin and an enclosed shower cubicle. Bedrooms three and four are both generous single rooms, one with a window looking out to the rear and the other with a pair of skylights looking to the front. The Francis Road area of Leytonstone is well known for its many small independent businesses, including shops, cafes, restaurants and pubs, in the beautifully preserved pedestrianised area all of which is just a five-minute walk from the property. Local hospitality highlights include the Yardarm, the Northcote Arms and the Marmelo Kitchen, with its popular supper clubs. Many other amenities can be found in the immediate area, including supermarkets, retail parks and many other businesses, as the property is located perfectly between Leyton Village and Leytonstone. Leyton Central Line tube station and Leyton Midland Road Overground stations are both less than a fifteen-minute walk. This is a perfect location for lovers of outdoor activities, with some of Londons best green spaces within easy reach, including Hollow Pond, Leyton Flats and Wanstead Flats, along with Hackney Marshes and the Walthamstow Wetlands Nature Reserve. Leytonstone Leisure centre, with its gym, swimming pool and fitness classes is a fifteen-minute walk.
What the seller has to sayWe moved into the area 12 years ago and its fair to say it has been transformed in that time. We have had two children here (now 11 and 6) and are now looking for more space as they become teenagers - not going too far so we can pop back to E11 to visit friends. We will really miss the area with its great pubs, cafes and outdoor spaces!
The neighbours on both sides are lovely - multigenerational families who have lived in the area for longer than we have. There is a real community feeling to this neighbourhood.
We love this house, its our only idea of home, and we have put years of love and care into it including a loft extension, new kitchen, new bathroom, extended family space and multiple iterations of the garden.
We would love the house to be loved by whoever lives here next!
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: £ 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

£ 775200

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
    £ 23750
  • 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

£ 62700
  • 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)
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  • Letting Fee
    £
  • Maintenance
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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

  • Cumulative Rental Profit
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    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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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