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£1,600,000
Bedrooms
Bathrooms
A beautiful five double bedroom detached house on Court Road just moments away from Eltham High Street.
Accessible via a gravel in and out drive way, this home has been lovingly kept by the current owner for over 15 years which is clearly reflected when you step inside.
Internally the accommodation is spread across 2127sqft and includes: A welcoming entrance hall providing access to the three main rooms to the ground floor. The main reception room is dual aspect and provides access and views over the homes impressive garden, Another reception room features bi-folding doors leading out onto the garden & a spacious kitchen with separate utility room. There is also a shower room on the ground floor. To the first floor there are five spacious double bedrooms and a bathroom with a separate W.C.
Occupying a large plot on one of South East Londons most sought after roads there is a fantastic opportunity (subject to planning) for a self-build opportunity, or even to vastly extend should that be of interest.
Further notable features to this incredible home are: detached garage, feature fireplaces, gas central heating, double glazing throughout, side access to the garden and off street parking to the front for well over six cars.
There are a variety of green spaces within walking distance to explore including Eltham Palace, Avery Hill Park, Eltham Park North & South and Oxleas Wood . The property is just a short walk away from the renowned Royal Blackheath Golf Club which has been a part of the community for well over 400 years. Eltham High Street can be found a short distance away and offers comprehensive shopping, bars, restaurants and the recently built Vue cinema.
Court Road is one of if not the most popular road in SE9 and the house is positioned just 0.5 miles from both Mottingham & Eltham Station which offers fast and frequent direct services into London Bridge, Waterloo East, Cannon Street, Charing Cross & London Victoria. . Changes are also possible at Lewisham for the DLR & New Cross for the overground Line.
Council Tax Local Authority The Royal Borough of Greenwich Band G
Energy Efficiency Rating 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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