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£500,000
Bedrooms
Bathrooms
Offered to the SE2 market is this well presented three bedroom period built family home with first floor bathroom, landscaped rear garden and off street parking. Conveniently located for Abbey Wood Village, mainline station and Crossrail.
As you enter through the front porch you are greeted to a nice size hallway with large under stairs storage cupboard. There are two reception rooms, the front reception room with carpet as fitted and with double glazed bay window to the front. The second reception/dining room has carpet as fitted and doors to the rear leading to the conservatory. There is a fitted kitchen with a range of wall and base units with complimentary work surfaces. Integrated appliances and space for further. The conservatory has double glazed windows and doors overlooking the beautiful landscaped garden. There is also an additional ground floor cloakroom fitted with a low level WC and wash hand basin.
To the first floor you will find three bedrooms, two double bedrooms and one single bedroom. The master bedroom is 11ft x 11ft with built in wardrobes, the second bedroom is 11ft x 10ft, and the third bedroom is 86ft x 57ft. All bedrooms have carpet as fitted and double glazed windows. There is a three piece bathroom suite comprising a walk in shower cubicle, WC and pedestal wash hand basin.
Externally there is a landscaped, mature 49ft rear garden with paved patio area, large decked area and access to the cellar. To the front there is off street parking for one car.
Energy Efficiency Rating D
Council Tax Local Authority London Borough of Greenwich Band D
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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