5 bedroom detached for sale

£1,500,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

This detached Edwardian villa sits on a cul-de-sac overlooking the greenery of Hollow ponds and offers off-street parking for multiple vehicles. Retaining all its original charm, including full height bay windows with mock Tudor pitched gable, the property has real kerb-appeal. A porch with double timber doors and stained-glass detail leads through the original front door into the bright hallway. Contemporary all-white finishes, found throughout the house, complement original features, including an eye-catching geometric tiled floor. Reception room one continues the period feel with a large bay window overlooking the front aspect, ceiling mouldings, cast iron fireplace and dark stained engineered wood floors. The second reception echoes the original features of the first, with an impressive fireplace and large-format tiled floor to match the kitchen-family room accessed via a set of French doors. The fantastic rear extension which offers kitchen, family dining and informal living areas is undoubtedly the hub of this home. The kitchen, with its gloss white units and matching work surfaces includes a galley-style layout accessed from the hallway; this opens out into the extension, with more units, plus an island with contrasting dark granite-effect worktop and space for several bar stools. With integrated appliances and a double width gas range this is a true chefs kitchen. Off the kitchen is a utility room with plumbing for a washer and dryer, beyond which is a downstairs cloakroom with WC and basin. Alongside the kitchen, the large dining space has a lantern skylight above - with a second above the stunning, full-width informal sitting area. This exceptional space looks out to the equally impressive garden via expansive glazing including of a pair of wide sliding doors. The wonderful 100 ft long south-west facing garden is split into three distinct zones. From the family room a large deck bordered by raised planters leads down to a paved terrace, beyond which is a wonderful rural-style garden with meandering lawn running between mature shrubs and trees. On the first floor a large bright landing provides access to four double bedrooms and the family bathroom. All four bedrooms feature high quality dark oak laminate flooring, with the main bedroom at the front also having a cast iron fireplace, bay window and attractive ceiling mouldings. The stylish, fully-tiled family bathroom has high quality contemporary fittings, including wall-mounted vanity unit with inset basin, low-flush WC with hidden cistern and bath with shower above and industrial-style glazed screen. The second floor landing has a large skylight and space for a study area. To one side, bedroom five has both a skylight and a dormer window, to the other is a bathroom with more traditional fittings, including a free-standing claw-foot bathtub. The bathroom also provides access to another space, currently used for storage, with radiator and gable-end window. The property is situated in the sought-after Upper Leytonstone area with views directly out to Leyton Flats and Hollow Pond, which are just across the road. The immediate vicinity is a popular residential area with all the transport links and amenities of vibrant Leytonstone just a few minutes away. Leytonstone Central Line Tube Station is a 15-minute walk and theres easy access to the A12 and North Circular. Theres a large supermarket within half a mile and many shops and other businesses very close by on the popular Leytonstone High Road. The area is well regarded for its many pubs, bars, cafes and restaurants, plus is within easy reach to Wanstead High Street and Walthamstow Village.
Owners Comments... We have loved living in this home for the past 24 years, it has been a place full of warmth , laughter and cherished memories. Over the years we extended the house to create a spacious welcoming environment, perfect for family life with a fabulous open plan kitchen, dining and living area that flows beautifully in to the sun filled garden. The garden has been a haven for summer days, offering plenty of space to relax, play and entertain. Living in Upper Leytonstone has also been a joy, the friendly tight community has made it truly feel like home. While its incredibly difficult for our family to say goodbye we are looking forward starting a new chapter and we hope the next owners will love this home as much as we have.
MATERIAL INFORMATIONTenure FreeholdCouncil tax band E
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

£ 1256450

Mortgage Loan to Value

%

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
    £ 37500
  • 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

£ 131450
  • 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.

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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.

£

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

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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.

Notes

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