4 bedroom end of terrace for sale

£1,250,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

*** Guide Price 1,250,000 - 1,300,000***
A spectacular double fronted end of terrace Corbett house which has been beautifully extended on the ground floor by the current owners, its most notable feature being the roof lantern reaching almost the entire width of the house.

Having been incredibly well maintained by the current owners, the specification is both luxurious and contemporary and the accommodation flows perfectly to suit a family.

The home boasts numerous features such as double glazed sash windows, bi folding doors, period features such as cornicing and fire places, off street parking and side access.

Accommodation measures approximately 1900sqft & comprises; entrance hall with access to the cellar, family room with bay window, large through lounge which opens via French doors in to the spacious open plan kitchen / living space which forms part of the rear extension and is certainly the hub of the house, separate utility room and ground floor shower room.

To the first floor there are four well sized bedrooms, two of which have fitted wardrobes & a family bathroom.

Externally the rear garden is very secluded, has been has been beautifully landscaped and features a wall boundary, as well as large patio and side access.

Balcaskie Road is one of SE9€™s most loved roads and the house is positioned just 0.2 miles from Eltham Station which offers fast and frequent direct services into London Bridge, Waterloo East, Cannon Street, Charing Cross & London Victoria. Eltham High Street can be found a short distance away and offers comprehensive shopping, bars, restaurants and the recently built Vue cinema. The picturesque Eltham Park South is just 0.4 miles away.

What attracts many families to SE9 is the variety of local schools including Gordon Primary School, Deansfield Primary School, St Mary€™s Catholic Primary School & Eltham CofE Primary School as well as Harris Academy Greenwich, Eltham High School & St Thomas More Comprehensive School

The Royal Borough Of Greenwich Tax Band - F

Energy Efficiency Rating - D

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1037700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 31250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 100200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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