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£850,000
Bedrooms
Bathrooms
FOR SALE WITH NO CHAIN. Air-conditioned modern 4 bedroom, 2.5 bathroom townhouse completed in 2017 & forming part of the private Greenwich Millennium Village development. The property is in excellent condition & has been seldomly used since it was first built.
The location provides residents with an excellent tube link (Jubilee Line) via North Greenwich Station that connects commuters to both Canary Wharf & London Bridge. In terms of leisure activities there are a wide range of options within the Greenwich Peninsula such as The o2 Arena, Greenwich Peninsula Golf Range & Greenwich Yacht Club. Amenities within Greenwich Millennium Village itself include a variety of shops around the Village Square, a school & a health centre. Also within the local area is the UKs oldest enclosed Royal Park, Greenwich Park, which measures 183 acres & offers some fantastic views of London.
The ground floor comprises of; entrance hallway, WC & an open plan living space comprising of a spacious lounge featuring wood flooring & an ultramodern, matte finish, grey fitted kitchen with integrated appliances. The rear garden is accessed via patio doors from the lounge & is paved & walled.
The first floor comprises of; a well-proportioned landing, the principal bedroom which benefits from an en-suite bathroom, fitted wardrobes & a private terrace & one further bedroom to the front elevation.
The second floor comprises of a centrally positioned family bathroom & two further bedrooms.
Verified Material Information
Asking price: Sale by tender 899,995
Council tax band: F
Council tax annual charge: 2773.85 a year (231.15 a month)
Tenure: Leasehold
Lease length: 999 years remaining (992 years from 2017)
Ground rent: 300
Service charge: 1800
Property type: House
Property construction: Standard form
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: Gas for heating system
Water supply: Mains water supply
Sewerage: Mains
Heating: Central heating
Heating features: Air conditioning
Broadband: Cable
Mobile coverage: O2 - Excellent, Vodafone - Excellent, Three - Excellent, EE - Excellent
Parking: Allocated
Building safety issues: No
Restrictions - Listed Building: England
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term flood risk: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Energy Performance rating: B
All information is provided without warranty. Contains HM Land Registry data Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Map location is not available for this property.
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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