4 bedroom terraced for sale

£950,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A spacious four bedroom Victorian terraced house for sale in the ever-popular community of Upper Leytonstone. Set over three floors, theres extensive accommodation for a large family, including large reception rooms and bedrooms. A host of original features are complemented by well-considered design touches.
A lush cottage garden and attractive architectural features lead into a spectacular hallway with sweeping staircase, timber panelling and William Morris wallpaper. A door leads to a useful storage cellar. The two spacious reception rooms offer more Arts and Crafts decoration and impressive fireplaces. The front reception features a large bay window and the rear reception has tall French windows leading out to the conservatory with its lantern roof and extensive glazing looking out to the south-west facing garden. The generous kitchen has an array of cream painted shaker style wall and base cabinets with dark quartz work surfaces, plus an under-mounted Belfast sink and a range-cooker with extractor above. Adjacent to the kitchen is a separate utility room with counter and storage space, an additional sink and plumbing for a washing machine. This leads through to another room, currently used as a workshop, which has French windows opening out to the garden. This room also provides access to the downstairs WC. The sunny rear garden, which has access to the road to the rear, has terraced and lawned areas and borders with mature shrubs. The large, galleried landing leads to four floor bedrooms, the family bathroom and the staircase to the loft room. There are two large double bedrooms, including the main bedroom with its bay window overlooking the front of the property, and two large single bedrooms. The family bathroom emulates the original style of the property with a free-standing claw foot bathtub, a traditional style pedestal sink and WC with high level cistern and bidet. White tiles with a black trim border follow the perimeter of the room. The airy loft room has two roof light windows and leads to an en-suite shower room. Theres also extensive eaves storage space. This popular area of Upper Leytonstone has a quiet residential feel yet benefits from exceptional amenities on the doorstep. The property is close to all the services offered by both Leyton and Leytonstone High Roads, including bars, restaurants, shops and supermarkets. Close by are exceptional hospitality businesses such as the Heathcote and Star, Unity Caf, Filly Brook and Arch Deli & Bar. Leytonstone Central Line underground station is less than a five minute walk as well as being convenient for Leyton Midland Overground Station, there are also good schools close by, including the George Tomlinson Primary School. The property is close to three local leisure centres which provide a host of sports activities and outdoor leisure pursuits are also well catered for with Wanstead Flats and Leyton Flats both being around a twenty minute stroll, with Hackney Marshes, Queen Elizabeth Olympic Park and Walthamstow Wetlands nature reserve also within easy reach.
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

£ 775200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

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)
    £
  • 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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