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38a Ferdale Road, London, E7 8JX
£800,000 Offers in excess of
Bedrooms
Bathrooms
Reception
We are thrilled to present this delightful semi-detached chalet bungalow in the Seven Kings Bungalow development, which is located in a sought-after neighborhood.
On the ground level, there is a huge kitchen diner, separate utility room, shower room, supplementary W/C, a double bedroom, and an unusually large yard with an outbuilding that could be used as a gym or an office. Three bedrooms and a family bathroom are located on the first level.
The Sizes:
Width x Length
Ground Floor:
'L' Shaped Lounge : 6.34m x 4.58m > 3.22m x 3.16m
Reception 2 : 4.36m x 4.56m
Kitchen: 2.62m x 9.37m
Laundry Room: 2.63m x 2.55m
Shower Room : 2.11m x 1.46m
Bedroom 4 : 3.63m x 4.69m
First Floor.
Bedroom 1: 3.81m x 5.76m
Bedroom 2: 3.05m x 3.78m
Bedroom 3: 2.59m x 3.80m
Family Bathroom : 2.44m x 2.42m
Notice:
1) Weekday viewings are available for those buyers who have the finances arranged (with proof sent to the agent), if not can only accommodate open house viewings on the agents availability.
2) Lettings
KK Rich Estates also offer a professional Lettings and Management Service. If you are considering renting your property, to purchase or are looking at buy to let investments or would like a free review of your current portfolio then please call the lettings manager.
*Money laundering regulations: Intending purchasers' will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
Requested Viewings outside office hours can be accommodated, with a fee of 20.00 per viewing, this is completely refunded upon completion of any properties with us by the customer.
All dimensions are approximate and are quoted for guidance only, their accuracy cannot be confirmed. Reference to appliances and/or services does not imply they are necessarily in working order or fit for the purpose. Buyers are advised to obtain verification from their solicitors as to the Freehold/Leasehold status of the property, the position regarding any fixtures and fittings and where the property has been extended/converted as to Planning Approval and Building regulations compliance. These particulars do not constitute or form part of an offer or contract nor may be regarded as representations. All interested parties must themselves verify their accuracy. Where room layout is included this is for general guidance only, it is not to scale and its accuracy cannot be confirmed.
(*2) This is the opinion of the agent, we cannot 100 percent verify these to be fact, we advise you do your own due diligence before getting involved in the property.
Ref:369104
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.
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