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£725,000 Guide Price
Bedrooms
Bathrooms
'GUIDE PRICE 725,000-750,000' Offered to the market chain free is this one of a kind, refurbished and much improved, four bedroom semi detached home. Located on the ever popular Shooters Hill slopes convenient for local shops, bus routes and access into Woolwich. Internal viewings are highly recommended.
On entering the property you are welcomed to the spacious entrance hall with stone tiled flooring and understairs storage. There is a 31ft open plan kitchen/reception room with solid oak flooring, double glazed bay window to front and bi-fold doors to the rear. The kitchen,15ft x 10ft, is fitted with a range of modern wall and base units with complimentary copper plated work surfaces and breakfast bar. Integrated five ring gas hob, double oven, microwave and space for appliances. There is a ground floor shower room fitted with a three piece suite, an additional reception room/dining room and also utility room.
To the first floor you will find three bedrooms. Bedrooms 2 and 3 with double glazed bay windows, bedroom 4 with large walk in wardrobe and double glazed windows. All with solid oak flooring. On this floor you will also find the family bathroom fitted with a large walk in shower cubicle, vanity wash hand basin and cistern enclosed WC.
To the second floor (loft conversion) you will find the master bedroom with French doors to Juliette balcony, built in wardrobes, solid oak flooring and Velux windows. There is an additional three piece shower room with walk in shower cubicle low level wc, wash hand basin and another large walk in wardrobe/study with Velux windows.
Externally there is a tiered rear garden all with flagstone paving, a 21ft outbuilding with power and lighting plus a driveway to the front providing off street parking.
This property has been renovated and much improved by its current vendors with no expense spared. Internal viewings are highly recommended to appreciate the size and finishings.
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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