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213, Ilford, IG1 4TD
£850,000 Guide Price
Bedrooms
Bathrooms
Reception
Ideal locations take enormous pleasure introducing to the market a much sought after Victorian terrace house located on one of the most highly regarded roads within the Nightingale Triangle.
MUST SEE PROPERTY IDEAL FOR CASH BUYERS, DEVELOPERS AND FIRST TIME BUYERS WHO WANT TO GET ON THE MARKET AT A FRACTION OF THE PRICE.
IN NEED OF FULL REFURB
Full description
Tenure: Freehold
Arranged over the ground floor is a traditional double reception room with kitchen and small garden to the rear
On the first floor are two double bedrooms and a family bathroom, there is access to a substantial loft, offering additional accommodation STPP. Precedent has been set as other properties on the road have already had the loft converted and extended on the first floor.
The property is situated on Bellamy Street, a hugely popular residential road within the Nightingale Triangle close to Clapham Common and the amenities and transport links local to Balham and Clapham South.
Please call the office on 02085181313 for additional videos and to arrange viewings.
THIS PROPERTY IS PRICED TO SELL AND WILL GO QUICK.
Ideal locations take enormous pleasure introducing to the market a much sought after Victorian terrace house located on one of the most highly regarded roads within the Nightingale Triangle.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
213, Ilford, IG1 4TD
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