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£650,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 650,000 - 675,000
The Acorn Group are delighted to offer to the market this well presented four bedroom family home. The property has been thoughtfully reconfigured by the current owner to create a spacious and versatile family home with an interior layout that would appeal to a larger family or for multi-generational accommodation.
On entering the home, you discover a large hallway that incorporates solid oak wood flooring throughout. The lounge is simply stunning and offers a feature fireplace.
Having been fully extended to the side and rear, the living space continues to impress. The fully fitted kitchen is enormous and makes a wonderful hub for the house. Boasting ample fitted cabinets, quartz work surfaces; this is a practical and stylish space. Bathed in natural light from floor to ceiling French doors, this elegant room easily accommodates a family dining table and spills out into the garden offering a real sense of inside out living.
On the first floor there are four great sized bedrooms, with the master bedroom offering an en-suite. To complete the first floor is the family bathroom. In addition - the loft space has been converted in to an easily accessible storage space.
To the front of the property is a drive for off road parking.
A viewing is a must to fully appreciate all that this property has to offer.
London Borough of Greenwich Council Tax D
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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