4 bedroom terraced for sale

£925,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

A spacious four double bedroom terraced villa for sale in the popular area of Upper Leytonstone, with exceptional amenities and travel links. Theres a large through reception room, a fabulous kitchen/diner/family room, two bathrooms, a garden and off-road parking making this a fabulous family home.
Set on a quiet no-through road, the property has a large offroad parking area to the front supplemented by residents only on-street parking. The attractive faade retains many architectural features and benefits from a porch with a glazed door leading to the main front door of the property.
The spacious through-reception room which has stripped pine floorboards and original features such as intricate coving, deep skirting boards, an impressive fireplace and a large bay window.
Returning to the hall, you begin to understand the unusual layout of the property with stairs down to the lower ground floor and stairs up to the first mezzanine level. The lower ground floor accommodates the spectacular kitchen-diner and family room, the large space being created by a side extension with skylights above, and a rear extension with an exceptionally large skylight and wide French windows out to the garden. The low maintenance garden is mostly paved with borders for planting and there are tall fences for privacy and security. To the rear of the kitchen is a large useful storage cellar.
Back up to the ground floor hallway and a short flight of stairs takes you to the first mezzanine level, where youll find a shower room and bedroom three a large, bright double bedroom with a feature bay window looking out to the rear garden.
Another set of stairs takes you up to the main first floor area with two more double bedrooms. Bedroom one is a large double room which spans the full width of the house. One more small set of stairs leads up to a mezzanine landing area, where youll find bedroom four and the family bathroom.
The area of Upper Leytonstone has exceptional amenities, including supermarkets, retail parks and many other businesses, as the property is located immediately between Leyton Village and Leytonstone and close to Leytonstone High Road. The Francis Road area of Leyton is also close by, which is known for its many small independent shops, cafes, restaurants and pubs in the beautifully preserved pedestrianised area and there are plenty of other hospitality options on the doorstep, including the Heathcote and Star pub, the Filly Brook and the Unity Caf. The area is served with excellent transport links, with Leytonstone Central Line tube station just a two minute walk and Leyton Midland and Leytonstone High Road Overground station close by.
Outdoor activities are well catered for, with some of Londons best green spaces close by, including Hollow Pond, Leyton Flats and Wanstead Flats, along with the Queen Elizabeth Olympic Park, Hackney Marshes and the Walthamstow Wetlands Nature Reserve. Leytonstone Leisure centre, with its gym, swimming pool and fitness classes is a fifteen minute walk.
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

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 765825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 23125
  • 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

£ 72075
  • 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.

£

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

£

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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