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38a Ferdale Road, London, E7 8JX
£300,000
Bedrooms
Bathrooms
Reception
A well-presented and thoughtfully cared-for two-bedroom first-floor flat, offering a comfortable blend of modern living and everyday convenience in a well-connected East London setting.
Inside, the property opens into a bright and airy open-plan living space, designed to maximise both light and functionality. The layout works perfectly for relaxing evenings at home as well as entertaining guests, with large windows enhancing the sense of space and openness. From the reception area, you also have access to a private balconyan ideal outdoor extension of the living space, perfect for fresh air and quiet moments.
Both bedrooms are well-sized and neatly finished, providing flexible accommodation for a range of needs, whether as a main bedroom, guest room, or home office. The overall presentation throughout is clean and well maintained, allowing any buyer to move in with minimal fuss.
Additional benefits include full double glazing for improved energy efficiency and comfort, along with on-road parking for added convenience.
The location is a key highlight. Situated close to Romford Road, the property enjoys excellent transport links with frequent 24-hour bus services connecting you to Ilford Station, offering direct routes into Central London. The nearby hub of Stratford Station is also easily accessible, providing further travel options including Underground, Overground, and Elizabeth line services. For shopping, dining, and entertainment, Westfield Stratford City is just a short journey away, offering one of the largest retail destinations in Europe.
This property represents an excellent opportunity for first-time buyers, working professionals, or investors seeking a well-located and easy-to-maintain home with strong transport connections and local amenities.
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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