5 bedroom terraced for sale

£725,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

'' GUIDE PRICE - 725,000 - 750,000 ''

A simply stunning example of an extended five bedroom Victorian home spread across 1700 Sqft. and uniquely benefitting from off street parking. Conveniently located for local shops, bus routes, Woolwich common, mainline station, DLR and Elizabeth Line (Crossrail).

On entering the property you are immediately welcomed to the spacious entrance hall offering engineered oak herringbone style flooring and under stairs storage cupboards. The front reception room, 13ft x13ft, has double glazed bay window to the front with sash windows and shutter blinds. Feature fireplace and engineered oak flooring. The second reception room has feature fireplace and doble glazed doors leading to the garden. There is a 24ft Kitchen/breakfast room with a beautiful range of wall and base units with complimentary quartz work surfaces. Neff integrated appliances, Quooker boiling tap and double glazed bi-folding doors to the garden. There is a ground floor WC with cistern enclosed WC and wash hand basin.

To the first floor you will find bedroom two, 17ft x13ft, with double glazed bay window to front with sash windows and shutter blinds, feature fireplace and engineered oak flooring. Bedroom three, 12ft x 11ft, with feature fireplace and engineered oak flooring. Bedroom four, 12ft x 9ft with engineered oak flooring and double glazed window to the rear. On this level you will also find the family bathroom fitted with a luxury four piece suite comprising of a free standing touchstone bath, cistern enclosed WC, vanity wash hand basin with storage under and walk-in shower cubicle.

To the second floor (loft conversion), you will find the master bedroom, 18ft x 11ft, with engineered oak flooring, eaves storage, Juliette balcony and two Velux windows to the front. Bedroom five, 9ftx 6ft, has engineered oak flooring and double glazed window to the rear. On this level you will also find a three piece shower room comprising a cistern enclosed WC, Vanity wash hand basin and walk in shower cubicle.

Externally there is a low maintenance rear garden with patio area, artificial grass and bespoke fencing. There is also a driveway to the front providing off street parking.

The Royal Borough of Greenwich - Council Tax Band - D
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

£ 600825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 18125
  • 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

£ 57075
  • 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

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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