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2 Bed Flat For Sale Michael Road, London, E11

£349,995- Flat

Yield: 4.63%
1 of 9
Yield: 4.63%
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  • Rental Guide: £1,200 - £1,350
  • 2 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Central Heating
  • Double Glazed
  • Open Plan Living Room Kitchen
  • Large Rear Garden
  • Needs Moderisation
  • New Refurbishment
  • New Fitted Kitchen
  • New Tiled Bathroom
Last Updated: 21st December 2019

Description

Blackhorse Estates are delighted to offer this Newly Refurbished 2 bed Ground floor flat for sale located in the heart of Leytonstone, the property consists of 2 bedrooms, a newly refurbished open plan kitchen living space along with a newly tiled bathroom and its own private garden too. The flat is D/Glazed and G/C/Heated.

With the property just a stone throw away from a stroll to open woodland spaces, an array of shops, restaurants and bars too, it may be one not to miss out on.

Transport links are also a huge plus point as the property is located with easy access to the A12, A406, M11 and M25. Leytonstone Central Line Station is also minutes away which offers easy access to Stratford, The City, Central London and beyond, bus routes are also at the doorstep of this specific property.

Measurements:

Living Room: 3.975m x 4.466m
Bedroom: 3.498 x 3.347
Kitchen Diner: 5.055 x 3.022
Bathroom: 1.439 x 3.025

for more details please contact us on

Nearby Stations

  • Leytonstone Underground Station (0.2 miles away)
  • Leytonstone High Road Rail Station (0.2 miles away)
  • Leyton Midland Road Rail Station (0.9 miles away)
  • Wanstead Underground Station (1 miles away)
  • Leyton Underground Station (1 miles away)

Nearby Schools

  • Davies Lane Primary School (0.1 miles away)
  • George Tomlinson Primary School (0.2 miles away)
  • Davies Lane Children Centre (0.2 miles away)
  • Connaught School for Girls (0.3 miles away)
  • Acacia Nursery (0.5 miles away)
Agent Details
Blackhorse Estates
22, Kirkdale Road, London, E11 1HP
Show Contact Number
020 8558 5533

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.4

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£10499.85
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.4

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in close proximity are mostly listed £1,200 - £1,350 – 5 recently listed properties were found in that band. However, the highest were £1,500, £1,500, £1,400.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested