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38a Ferdale Road, London, E7 8JX
£550,000 Guide Price
Bedrooms
Bathrooms
Reception
Positioned in the highly sought-after E7 postcode, this spacious three-bedroom terraced home offers a fantastic balance of practicality, comfort, and potentialmaking it an excellent choice for families and those looking to upsize.
The ground floor is designed with flexibility in mind, featuring a bright open-plan lounge alongside additional reception space that can be adapted to suit your lifestylewhether as a dining area, second living room, or home office. A rear extension further enhances the layout, creating a more expansive living environment with direct access to the garden, ideal for both day-to-day living and hosting guests. The kitchen-diner is well-appointed with an oven and hob, offering a functional and sociable space at the heart of the home.
Upstairs, the property comprises three generously sized bedrooms, each offering comfortable accommodation, along with two bathroomsan increasingly valuable feature for modern households.
Outside, the home benefits from a sizeable rear garden, providing plenty of room for outdoor dining, play, or relaxation. On-street parking is available, adding to the homes everyday convenience. Additional features include full double glazing and a gas combi boiler, ensuring efficiency and warmth throughout the year.
The location further enhances the appeal. Residents are within close proximity to Westfield Stratford City, offering a wide selection of shops, restaurants, and entertainment. Nearby green spaces such as Wanstead Flats and West Ham Park provide excellent options for leisure and outdoor activities.
This is a well-rounded home in a vibrant area, offering both immediate comfort and future potential.
Please note: this is a commission-based sale, and a fee will be payable by the purchaser.
Map location is not available for this property.
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.
38a Ferdale Road, London, E7 8JX
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