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£450,000 Guide Price
Bedrooms
Bathrooms
'' GUIDE PRICE 450,000 - 475,000 ''
This well-presented Tudor style semi-detached home is located near Nuxley Village! The accommodation offers an impressive 1172sqft of floorspace with a large garden plot. As you enter, youll firstly step into the dining room which has the kitchen alongside offering potential to be knocked though and create a huge kitchen-diner. The kitchen would benefit from some modernisation, making it a great project for someone to put their own stamp on it and design this home to their taste. At the back is an added conservatory space overlooking the garden, which has further potential to be converted into an extension (which has permission granted to add even more internal space). At the front of the house is the generous front reception room with a charming fireplace and exposed beams in the ceiling adding to charm of this home. Youll be pleased to know the garden is South-facing and a suntrap throughout the day to enjoy! The garden is huge with lovely treetop views at the back giving you extra privacy, the space also allows for a summer house or outbuilding to be added without feeling like youve compromised any garden space. Upstairs comprises three bedrooms and the smart family bathroom suite, two of the rooms being double bedrooms and a good size single room all with built in storage/wardrobes. This home is a great blank canvas for someone looking to add value and create their dream home, its naturally bright & airy and has additional benefits including combi-boiler system, double glazing, scope to extend at the back with planning permission granted and off-street parking.
Erith Road is well located for amenities with Nuxley Village nearby offering a range of shops which includes coffee shops, cafes, boutique stores, takeaways, and a local Co-op. There is also a great choice of parks to enjoy nearby with Belvedere Beach & Recreation Grounds, Franks park or Lesnes Abbey Woods which hosts events and has plenty of history being an important site for early Tertiary fossils. Nuxley Village is ideal for families with a selection of schools nearby to choose from. For commuters, Belvedere is 0.8m walk which operates the Southeastern Line into London Bridge and is one stop away from Abbey Wood with the new Elizabeth Line which has even more options into the city, fast and frequently!
Please call our office on to arrange a viewing or ask any questions.
London Borough of Lewisham - Council Tax Band - E
Energy Efficiency Rating - E
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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