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321 Baring Road, Grove Park, London
£625,000
Bedrooms
Bathrooms
Situated in the sought-after Links Estate, Acorn is delighted to present this beautifully maintained three-bedroom end-of-terrace home ideal for buyers seeking a move-in-ready property with spacious living and excellent transport links.
Lovingly cared for by the current owners, the property is in excellent condition throughout. Upon entering, youre welcomed by a generous entrance hallway which leads to a bright and airy separate reception room, followed by a spacious open-plan kitchen and dining area, ideal for entertaining or family life. A convenient downstairs W/C completes the ground floor.
Upstairs, the home offers two well-proportioned double bedrooms, both featuring attractive bay windows that flood the rooms with natural light. A third single bedroom provides the perfect space for a nursery or home office, alongside a modern family bathroom.
Externally, the home boasts a tiered South West-facing garden, offering a patio area and a lawn below perfect for children, pets, or summer gatherings. To the front, a private driveway provides off-street parking for two vehicles.
Located just 0.8 miles from Grove Park Station, commuters can reach London Bridge in as little as 15 minutes, making this an ideal location for professionals and families alike. The area also benefits from a range of local amenities, parks, and well-regarded schools.
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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