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£450,000
Bedrooms
Bathrooms
Unveiled to the SE2 market is this well presented three bedroom un-extended chalet house located on the Abbey Wood/Welling borders. Convenient for local shops, bus routes and access into Abbey Wood mainline station/Crossrail.
On entering the property you are welcomed to a bright and spacious entrance hall with wood laminate flooring. To the front you will find a 13ft living room with wood laminate flooring and large double glazed window to the front. There is a 12ft dining room with under stairs storage, wood laminate flooring and double glazed window overlooking the rear garden. The kitchen is fitted with a range of wall and base units with complimentary work surfaces. Integrated oven, hob and filter hood with space for further appliances.
On the ground floor you will also find the family bathroom fitted with a white three piece suite comprising of a low level WC, pedestal wash hand basin, panelled bath with shower over and glass shower screen. Bedroom 3, also located on the ground floor, has double glazed window to the front and wood laminate flooring.
To the first floor you will find two bedrooms, bedroom 1, 14ft x 11ft, with large storage cupboard, carpet as fitted and large double glazed bay window to the front. Bedroom 2, 11ft x 10ft, has carpet as fitted with double glazed window and eaves storage.
Externally there is a well established rear garden mainly laid to lawn. Detached garage to the rear measuring 18ft x 10ft with access to the rear via an access road (subject to legal verification).
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £1,946.10
Total Interest: £250,596.32
Overall Total: £700,596.32
Amortization For Monthly Payment: £1,946.10 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £14,267.51 | £9,085.70 | £440,914.30 |
| 2026 | £13,972.47 | £9,380.74 | £431,533.56 |
| 2027 | £13,667.84 | £9,685.37 | £421,848.19 |
| 2028 | £13,353.32 | £9,999.89 | £411,848.30 |
| 2029 | £13,028.59 | £10,324.62 | £401,523.68 |
| 2030 | £12,693.31 | £10,659.90 | £390,863.79 |
| 2031 | £12,347.15 | £11,006.06 | £379,857.73 |
| 2032 | £11,989.74 | £11,363.47 | £368,494.26 |
| 2033 | £11,620.73 | £11,732.48 | £356,761.78 |
| 2034 | £11,239.74 | £12,113.47 | £344,648.31 |
| 2035 | £10,846.37 | £12,506.84 | £332,141.47 |
| 2036 | £10,440.23 | £12,912.98 | £319,228.49 |
| 2037 | £10,020.90 | £13,332.31 | £305,896.18 |
| 2038 | £9,587.95 | £13,765.26 | £292,130.92 |
| 2039 | £9,140.95 | £14,212.27 | £277,918.65 |
| 2040 | £8,679.42 | £14,673.79 | £263,244.86 |
| 2041 | £8,202.91 | £15,150.30 | £248,094.57 |
| 2042 | £7,710.93 | £15,642.28 | £232,452.29 |
| 2043 | £7,202.97 | £16,150.24 | £216,302.05 |
| 2044 | £6,678.51 | £16,674.70 | £199,627.35 |
| 2045 | £6,137.03 | £17,216.18 | £182,411.17 |
| 2046 | £5,577.96 | £17,775.25 | £164,635.91 |
| 2047 | £5,000.73 | £18,352.48 | £146,283.44 |
| 2048 | £4,404.76 | £18,948.45 | £127,334.99 |
| 2049 | £3,789.44 | £19,563.77 | £107,771.22 |
| 2050 | £3,154.14 | £20,199.08 | £87,572.14 |
| 2051 | £2,498.20 | £20,855.01 | £66,717.13 |
| 2052 | £1,820.96 | £21,532.25 | £45,184.88 |
| 2053 | £1,121.74 | £22,231.47 | £22,953.41 |
| 2054 | £399.80 | £22,953.41 | £0.00 |
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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Tue Jul 15 2025
All confirmed! We look forward to speaking with you.
Tue Jul 15 2025
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