4 bedroom terraced for sale

£825,000 Offers in excess of

4

Bedrooms

1

Bathrooms

Floorplan

A spacious four-bedroom house for sale in the sought-after area of Upper Leytonstone. With generous accommodation, including three reception rooms, the property offers fabulous living space for a large family - while the local area offers exceptional local amenities and transport links.
This impressive Victorian terrace was renovated in 2022, including back-to-brick replastering, new electrics, a new boiler and central heating system, and new roof and windows. A paved off-street parking area leads to the open porch, where the restored front door, featuring stained glass panels, opens into the large split-level hall. There are beautifully refurbished original floorboards, which feature throughout most of the ground floor, along with original mouldings. The first reception room has a grand bay window, deep, elaborate coving, and a large cast iron original fireplace with tile inserts. Steps lead down to the lower level of the ground floor, where there is a understairs access to the useful storage cellar. Reception room two has original built-in storage and views out towards the rear garden. The bright, well-designed kitchen offers modern gloss white, handleless units with light timber work surfaces. Theres an integrated oven and inset gas hob and extractor, and washing machine with fridge/freezer to remain. A half-glazed door leads out to the side return. The third reception room has another bay window, bold coving and an intricate ceiling rose plus wide French doors leading to the garden. The garden has paved seating areas enclosed by raised planters and mature shrubs and trees provide shade and privacy. At the end, gated access to the adjacent footpath provides access to local amenities. On the first floor the split-level landing features an original built-in bookcase. Accessed from the landing are four generous bedrooms and a family bathroom also recently renovated with a modern suite comprising WC, vanity unit with inset basin and large bathtub. Walls are covered with large format stone effect ceramic tiles and theres also a large, heated towel rail. To the rear is a generous double room with bay window overlooking the garden, which also features an original cast iron fireplace. A large single bedroom overlooks the side of the property and another double with built-in storage looks out to the rear. At the front of the property is the fabulous main bedroom which spans the entire width of the property and has both a bay window and a second window overlooking the street below. Theres a striking marble fire surround with inset cast iron and tiled firebox with glazed-tile hearth, alongside which is original built-in storage. 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 Leytonstone High Road with its huge array of shops, businesses, and hospitality options. Close by are some great restaurants, cafes and pubs, as well as some of Londons best green spaces, including Hollow Pond and Wanstead Flats. There are good local schools, including the George Tomlinson Primary School, Davies Lane Primary and Leytonstone School.
This has been our family house since 1939 when our grandparents moved in and has seen 5 generations - it has always been a happy home, full of children and grandchildren. A complete renovation was carried out in 2022 to re-establish it as a comfortable large property for a growing family. The current garden layout was created in the 1960s and the pear tree, which produces fruit is almost 100 years old.
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

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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

£ 683325

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
    £ 20625
  • 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

£ 64575
  • Mortgage Interest
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    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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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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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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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Final Property Value

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