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£700,000 Guide Price
Bedrooms
Bathrooms
Guide Price: 700,000 - 725,000
Immaculately presented throughout, the property has been thoughtfully extended and modernised while retaining its character and original charm. Upon entering, youre greeted by a bright and welcoming hallway that leads into a spacious through-lounge, adorned with original features such as high ceilings and decorative cornicing, complemented by tasteful, neutral dcor and quality flooring throughout. To the rear, the property has been stylishly extended, creating a light-filled kitchen and dining space with modern fittings and ample storage. The centrepiece is a set of bifold doors that seamlessly open out to a beautifully maintained private garden, giving an ideal space for relaxing, entertaining, or enjoying al fresco dining during the warmer months.
Upstairs, the home offers two generous double bedrooms, each complete with fitted wardrobes, providing excellent storage without compromising on space. The bathroom is located to the rear, is finished to a high standard, featuring sleek tiling, modern fixtures, and a clean design.
Brookbank Road is within a sought-after location in Ladywell, a stones throw away from the popular Hilly Fields and plenty of local amenities close by! Lewisham Railway & DLR (Zone 2) is just 0.3m walk which has plenty of routes into the city for commuters. Lewisham shopping centre has a variety for boutique shops, branded stores, restaurants, cafes and coffee shops with a cinema planned to open soon. Ladywell Highstreet also a selection of shops, cafes, coffee shop and the popular local Ladywell Tavern which serves food and drinks to enjoy as well as Ladywell Railway (Zone 3) as an alternative option to Lewisham Railway & DLR. Hilly Fields nearby is a stunning park with a caf and many facilities to enjoy. Brockley Market is a popular event on every Saturday with quirky pop-up stores hosted on Tressillian Road and Deptford Market is just over a mile away also recommended, youll certainly be spoilt for choice with this home.
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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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