5 bedroom terraced for sale

£1,500,000 Offers in excess of

5

Bedrooms

2

Bathrooms

Floorplan

A stunning five bedroom double-fronted house for sale in popular Upper Leytonstone. With generous accommodation and wonderful original features.
The impressive faade of this Victorian villa displays all the hallmarks of its Arts and Crafts design theme, with elaborate floral architectural elements and period front door with stained glass inserts and surrounding glazing. Theres off-road parking for several vehicles on the driveway.
The hallway continues the architectural theme with tall skirting boards, bold timber trim, deep coving and restored original floorboards, all of which extend into the impressive reception rooms.
Reception one is a through-space extending from the front bay window to a French door with stained glass, opening out to the rear garden and there are twin fireplaces with marble surrounds and original glazed tiles. The second reception has another impressive bay window, along with bespoke bookcases and another striking fireplace.
Off the hallway is also a downstairs shower room, ideal for busy families. Theres also a useful storage cellar accessed via an understairs doorway.
The kitchen features solid timber cabinets and extend into the adjacent utility area. Beyond the kitchen, a timber framed conservatory offers plenty of space for relaxed dining and lounging areas. Beautiful, exposed brickwork cleverly contrasts with a contemporary tiled floor and part-glazed doors lead out to the garden a large space which features a paved terrace and lawned area bordered by mature shrubs and trees.
The split-level landing provides access to the five bedrooms, family bathroom, storage space and loft hatch. With four large double rooms and a large single room theres plenty of space for a large active family. The single has built-in open storage and the fabulous main bedroom benefits from a large bay window and an exquisite cast iron and tiled fireplace.
Upper Leytonstone is, for good reason, a very popular location. The quiet residential streets provide a peaceful and friendly neighbourhood, whilst all the amenities you could ever need are close by. Over the years the areas facilities have improved with Westfield Shopping Centre at Stratford just 2 tube stops away, the Olympic Park swimming pools and sports facilities, the upgraded London Overground service at Leyton Midland Rd at Abbotts Park near the bottom of Forest Drive West and the new Elizabeth Line which goes from Stratford to Reading. The Central line is a 7 minute walk and there are the W15 and W19 buses just around the corner on Essex Rd heading to Walthamstow, Ilford and Hackney. This also a perfect location if you enjoy the great outdoors, with Hollow Pond and Leyton Flats just a five minute stroll and Wanstead Flats, Hackney Marshes and the Walthamstow Wetlands Nature Reserve all within easy reach.
Sellers comments..We have lived in Forest Drive East for 22 years and many neighbours have lived there for even longer. The tree lined road is peaceful, friendly and ideal for families. In 2001 it was known as the best address in Upper Leytonstone. We were attracted to the area primarily because of Epping Forest which runs to 6000 acres and starts opposite Whipps Cross Hospital. Over the years, we have enjoyed cycling, dog walking and keeping a horse in Epping Forest. There really is no better place to live in London however the time has come to sell the house as we have decided to move outside of London, and we will be offering a chain free sale.
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

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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
    £ 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

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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

£ 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.

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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

£
  • 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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