Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£475,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 475,000 - 495,000. Charming & colourfully themed 2-bedroom cottage found on Holly Hedge Terrace in Hither Green which has been in the same family ownership since the 1970s. The property features 2 reception rooms & a kitchen to the ground floor along with 2-bedrooms & a generous bathroom to the first floor. The rear garden offers privacy & has a calm, peaceful feel. Whilst the property would benefit from some modernisation internally, we feel that it has been very well maintained by its current owner.
Vibrant Lewisham town centre is close by, Hither Green, Ladywell & Lewisham Stations are also all between 0.4 0.7 miles away which makes the position ideal for commuters looking to get into the city, West End or Canary Wharf.
Hither Green is a warm & friendly town with a community feel found next to the larger towns of Lewisham & Blackheath. Over the last decade residents in Hither Green have seen the emergence of cafe culture in the area owing to a wide variety local coffee shops & restaurants opening up along with a long-established gastropub known as The Station Hotel. Hither Green Station also has six platforms & allows for great connections into London & out to Kent.
There are a number of OFSTED highly rated schools in the local area including Brindiche Manor School and Trinity Church of England School.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
