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House For Sale Winchester Road, London, E4

£8,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 27th June 2020

Description

Key Features
  • Lot 218 for sale by auction on 16/07/2020
  • Secured upon a Building arranged to provide Four self contained flats
  • Each Flat subject to a lease with approximately 121 years unexpired at an initial ground rent of £150 p.a.
  • The lessees have NOT elected to take up their rights of pre-emption
  • The Freeholder has the right to Insure and Manage
  • Highams Park overground station is approximately 0.8 miles to the north
  • The North Circular Road (A406) is easily accessible
  • A number of schools are located nearby

Key Locations
  • The property is situated on Winchester Road, at its junction with Evanston Avenue. Access to the property is via an alleyway leading off Evanston Avenue
  • Local shops and amenities are available in Highams Park. Walthamstow Central is approximately 1.4 miles to the south
  • Highams Park overground station is 0.8 miles to the north
  • The North Circular Road (A406) is easily accessible
  • Selwyn Primary School, Handsworth Pre-school and Thorpe Hall Primary School are all nearby
  • Peter May Sports Centre and The Arsenal Football Club Youth Academy are to the west
  • Llloyd Park is approximately 1.3 miles to the south west
Agent Details
Allsop
33, Wigmore Street, London, W1U 1BZ
Show Contact Number
020 7494 3686

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
0.0

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 a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
10

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
0

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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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.
This is the potential achievable yield.
Potential Return-on-Cash Invested