4 bedroom terraced for sale

£950,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

A spacious four bedroom house for sale in the sought-after area of Upper Leytonstone. Ideal for family living, the flexible accommodation includes two reception rooms, a large dining-kitchen, a wrap-around south facing conservatory and two bathrooms. Upper Leytonstone offers exceptional local amenities and transport links.
A large block-paved off-road parking area leads to an open porch which, along with the rest of the faade, has retained its wonderful original architectural features. Through the front door, the large bright hallway has been designed to allow views through the to the rear of the property, highlighting the impressive space on offer and the charming engineered timber floors. The hallway also provides access to the large storage basement. Reception room one, to the front of the property, features a deep bay window with tall glazing, built-in alcove storage and an attractive modern fireplace, plus high-quality timber floors. Further down the hallway, reception room two looks out to the rear of the property and could be purposed as a formal dining room or additional living space. A ground floor shower room has a wall-mounted basin with cabinet above, a WC and a wet-room style shower, allowing easy accessibility. The dining-kitchen offers space for an informal dining table, beyond which is the well-designed kitchen area. Modern timber cabinets are finished with brushed chrome hardware and there are long runs of dark granite-effect work surfaces, including a peninsular which increases both preparation and storage space. Theres a high-level double oven, a gas hob, integrated dish washer and cleverly designed space for a stacked washer with tumble dryer above. Wide French windows lead from the kitchen out to the large, bright, south facing conservatory which spans the entire width of the property and offers wonderful additional living space. The conservatory also wraps around to the side providing extra space for storage or other potential uses. The conservatory opens out to the garden with the main area being predominantly paved. Beyond is a second, more secluded space, with plenty of potential for your desired use. On the first floor, a large split-level landing provides access to the four bedrooms, as well as the family bathroom which has a WC, a vanity unit with inset basin and mirrored wall cabinet plus bathtub with shower above and glazed screen. Bedrooms three and four are both large single bedrooms overlooking the rear garden. Bedroom two is a double room with space for a large cosy bed and storage furniture. Bedroom one is a large double with a bay window and a second window overlooking the front of the property, providing abundant natural light. Theres modern built-in storage including wardrobes, drawer units, high level storage cupboards and a lovely dressing area with a large mirror and open shelving. Theres also room for a small seating area making this the ideal retreat. The property is situated in the ever-popular and vibrant area of Upper Leytonstone, with exceptional amenities and transport links in the immediate vicinity. Leytonstone Central Line Underground station is a 5-minute walk, as is High Road Leytonstone with its huge array of shops, businesses and hospitality options. Some of Londons best green spaces are also close by, including Hollow Pond, Wanstead Flats and Hackney Marshes.
Sellers commentsWe have lived on Wallwood Rd since 1985. The children grew up while attending school. The neighbours are kind and responsive to my needs, albeit many of my neighbours have sadly passed and have been replaced by young families. I am selling this warm and loving home to pay for my care needs. I will be looking to buy an investment property with some of the proceeds, while the remainder will be used to pay for my care. Therefore, there is a chain. There are schools, an underground station and a local high street all within walking distance. It will make a lovely home for a new family.
To view this property, please contact a member of our friendly and helpful team of property professionals.
MATERIAL INFORMATIONTenure FreeholdCouncil tax band E 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

£
£
£
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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

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£

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
    £
  • 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.

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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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