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£525,000
Bedrooms
Bathrooms
Unveiled to the SE2 market is this stunning three bedroom 1930s end of terrace family home set on a larger than average plot. Conveniently located for Abbey Wood mainline station and Crossrail.
On entering the property you are welcomed to the spacious entrance hall with wood flooring and bespoke understairs storage. The living room to the front has feature log burner, double glazed bay window to the front and solid wood flooring. To the rear of the property you will find the 17ft modern fitted kitchen/dining room. Fitted with a range of wall and base units with complimentary bespoke concrete work surfaces. Integrated fridge/freezer, dishwasher and space for further appliances. Large window with bench/seating area overlooking the rear garden, door providing access to the garden and wood flooring.
To the first floor you will find three bedrooms and the family bathroom. The master bedroom has double glazed bay window to the front, built in wardrobes, painted and exposed floorboards. The second bedroom has double glazed window to rear overlooking the rear garden, painted and exposed floorboards. Bedroom three has double glazed window to the front. The family bathroom is fitted with a white three piece suite comprising a panelled bath with shower over, vanity wash hand basin and low level WC.
Externally you will find the larger than average rear garden with mature plants, lawn, vegetable beds, seating area, bike storage and shed. The current vendors have a 21ft x 13ft studio with power and lighting with a green roof ideal for anyone working from home. There is a gate to the side leading to the front of the house where you will find a driveway providing off street parking for one car.
Internal viewings of this beautiful home are recommended to appreciate the accommodation on offer and the potential the property has. Please note planning permission was previously granted for a loft conversion which could be re-instated subject to relevant consents.
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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