Friday Hill House is perfectly located in North Chingford, close to amenities and shops. Providing access into the City with Chingford station only 0.9 miles distance and Walthamstow Central being two stops away. You will also find for your convenience that there is fast access to both the M25 and the M11, providing direct access to Stanstead.
This stunning private gated development forms part of a Grade II listed building called Friday Hill House. Originally, what was once the Brewery on site, has now been redeveloped and extended into a contemporary 2 Bedroom House, that exudes elegance, with an impressive 1,246 sq ft of living space.
This luxury living space offers a grand entrance featuring porcelain tiles throughout the ground floor with underfloor heating. The corridor leads you into two separate large double bedrooms both with en-suite shower rooms with walnut vanity units; in addition to this, the downstairs area also has a separate WC. There is a spacious garden, enclosed by hedging for extra privacy. Fully carpeted stairs, lead you into an impressive open plan kitchen-reception area, that features traditional high ceilings and sky lights to allow for an abundance of natural light to be seen throughout the property. This modern kitchen is fully equipped with top of the range fitted appliances, finished with quartz worktops. This house is truly unique...
However, to really appreciate all that this property has to offer, a viewing is highly recommended.
Tenure : Leasehold
Chingford (overground)
0.62 km
Highams Park (overground)
1.14 km
Woodford (tube)
1.72 km
Roding Valley (tube)
1.71 km
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
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.
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.
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.
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 0 | ||
| £125k to £250k | 2 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £125k | 3 | ||
| £125k to £250k | 5 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £300k | 0(2/5)* | ||
| £300k to £500k | 5 | ||
| £500k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
