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321 Baring Road, Grove Park, London
£450,000 Guide Price
Bedrooms
Bathrooms
Guide Price 450,000 - 475,000
Acorn are delighted to welcome to the market this beautifully presented three double bedroom home in the heart of Grove Park offers the perfect blend of period character and modern living.
From the moment you step inside, the warmth and individuality of this property shine through, making it an ideal choice for families, professionals, or those looking for a little more space to grow.
The ground floor boasts a welcoming reception area with original features and plenty of natural light, leading into a kitchen with fitted units. The kitchen opens out to a private garden oasis.
Upstairs, youll find two generously sized double bedrooms, each offering charming views. The top floor is home to a stunning loft-style bedroom, creating a peaceful and airy retreat.
This unique property also benefits from excellent storage throughout, a modern family three-piece bathroom on the second floor, and a location thats hard to beat close to the green spaces and within walking distance of Grove Park Station, also easy reach of bus links, schools, and local amenities.
Grove Park Station is one of the more convenient locally with regular and fast links into London Bridge (13 mins), Waterloo East (19 mins), Cannon Street (21 mins) and Charing Cross (25 mins).
Freehold
EPC Rating C
Council Tax Band 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.
321 Baring Road, Grove Park, London
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