2 bedroom apartment for sale

£375,000 Offers over

2

Bedrooms

1

Bathrooms

1

Reception

Floorplan

This property is located in SE6, just a short walk from Hither Green Station, making it an excellent choice for commuters and city professionals. With direct trains to London Bridge (10 mins), Charing Cross (20 mins), and Cannon Street (17 mins), commuting is effortless, while nearby Catford and Catford Bridge stations offer additional routes to Blackfriars, City Thameslink, and St Pancras International. Bus routes connect to Lewisham, Greenwich, and beyond, and for drivers, the South Circular is easily accessible.

Inside, the apartment is well-designed for modern living. The open-plan kitchen and reception room is bright and spacious, offering a great space for entertaining, relaxing, or working from home. Large windows bring in plenty of natural light, while the private balcony is perfect for morning coffee or an evening wind-down. The main bedroom is generously sized with space for a home office, while the second bedroom is ideal for guests, a nursery, or additional workspace. A well-appointed shower room completes the layout.

Hither Green and Catford both offer a fantastic mix of independent shops, cafs, and green spaces. Good Food Catford is a go-to spot for coffee lovers, while Archibald€™s is known for its standout brunch menu. If you're after a pub, The Station Hotel (right by Hither Green Station) is a local favourite, serving a fantastic Sunday roast in a stylish yet cosy setting. The Catford Constitutional Club offers craft beers and a relaxed atmosphere, while Mamma Dough serves up some of the best wood-fired pizzas in the area.

For shopping, Catford Mews is a cultural hub featuring a three-screen independent cinema, live music, and a mix of food vendors, while nearby Lewisham High Street has a full range of high-street stores. Daily essentials are covered with a Tesco Express just minutes away, and larger supermarkets in Lewisham and Catford.

Green spaces are in no short supply. Mountsfield Park is a local favourite, offering a caf, sports facilities, and open spaces for a morning run or weekend picnic. Ladywell Fields is another great option, with riverside walks, cycle paths, and plenty of space to relax outdoors. For something bigger, Beckenham Place Park is just a short drive or cycle ride away, featuring a wild swimming lake, woodland trails, and even a golf course.

For fitness, PureGym Lewisham is within easy reach, and there are several yoga studios and independent gyms in the area. If you€™re looking for entertainment, Catford Broadway Theatre offers comedy, live music, and plays, while Catford Mews regularly screens the latest films.

With a long lease of approximately 147 years remaining (155 years from June 2016), this property offers long-term security in a sought-after location. The annual ground rent is 350, as per the latest invoice, and the most recent service charge (October 2023) was 2,481.38.

This property is ideally placed to take full advantage of Hither Green and Catford€™s best amenities. It€™s close to the station, surrounded by great cafs, restaurants, and green spaces, and offers a fantastic balance of city convenience and local charm. Whether you're a commuter, a family, or just looking for a vibrant and well-connected area to call home, this location truly delivers.
New Home: Non New Home

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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 9375
  • 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

Adjust these figures

£

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

£ 30825
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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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