4 bed terraced house for sale victoria avenue, london e6

£600,000 Guide Price

4

Bedrooms

1

Bathrooms

2

Reception

Located on Victoria Avenue in London, this terraced house offers a comfortable living space with four bedrooms, one bathroom, and two reception rooms. The property is equipped with gas central heating and a combi boiler, ensuring efficient heating throughout the home. The kitchen is fitted with modern appliances, including a gas hob and oven, and provides ample storage with its wooden cabinets. A washing machine is also included for convenience.

The reception rooms are spacious and filled with natural light, thanks to large bay windows that overlook the street. The layout allows for flexible use of space, ideal for both relaxation and entertaining. The bathroom features a modern suite with a bathtub and shower, complemented by white tiles for a clean finish.

The property includes a garden, offering outdoor space for leisure or gardening activities. The garden is accessible from the dining area, which features glass doors that open outwards, allowing for an easy flow between indoor and outdoor spaces.

The house is situated in a well-connected area of London, providing easy access to local amenities and public transport. The surrounding area offers a variety of shops, restaurants, and parks, catering to diverse lifestyle needs. The propertys location in London ensures proximity to educational institutions, healthcare facilities, and cultural attractions.

This terraced house on Victoria Avenue is a practical choice for those seeking a spacious home in a vibrant city setting. With its combination of modern amenities and traditional features, it provides a comfortable living environment in the heart of London.

Nearest Stations:

0.38 miles
Upton Park
0.39 miles
East Ham
0.87 miles
Woodgrange Park
1.1 miles
Manor Park
1.16 miles
Plaistow

Map location is not available for this property.

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

£ 497700

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
    £ 15000
  • 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

Adjust these figures

£

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

£ 47700
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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