3 bedroom terraced for sale

£625,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Nestled in the vibrant and increasingly sought after area of Plumstead Common, this stunning three double bedroom Victorian terraced house presents an exceptional opportunity for discerning buyers. This property is being offered with no onward chain, ensuring a smooth and efficient transaction for its new owner.

Upon entering this Victorian home, you are immediately greeted by the character and charm that defines its era, seamlessly blended with modern amenities. The traditional brick and bay fronted facade exudes classic elegance, hinting at the quality within.

Inside, the ground floor boasts a large reception room leading on though the modern crittall doors to an open plan kitchen/diner, providing versatile spaces for both formal entertaining and relaxed family living. The large living room offers ample space for various furniture arrangements, making it an ideal space for relaxation and social gatherings.

The heart of this home is undoubtedly the open plan kitchen / diner, a contemporary space designed for modern living. This area is perfect for culinary enthusiasts and those who love to entertain, allowing for seamless interaction between cooking, dining, and socialising. The design ensures a bright and airy feel, making it a truly inviting space.

Convenience is key in this thoughtfully designed home, featuring a separate utility room that keeps laundry and other household tasks neatly tucked away, maintaining the pristine condition of the main living areas. Additionally, a downstairs W.C. adds to the practicality of the ground floor, a highly sought after feature in family homes.

Ascending to the first floor, you will find three generously proportioned double bedrooms. Each bedroom offers ample space, ensuring comfort and privacy for all residents. The layout is ideal for families, providing sufficient room for children, guests, or even a dedicated home office.

One of the standout features of this property is the en-suite office/spare room. This versatile space offers endless possibilities, whether you require a dedicated home office for remote work, a quiet study area, a hobby room, or an additional guest bedroom. Its en-suite nature adds a layer of convenience and privacy, making it a truly valuable asset to the home.

Externally, the property benefits from the rare and highly desirable feature of off street parking, providing secure and convenient parking for residents. To the rear, a private courtyard garden offers a tranquil oasis for outdoor relaxation and entertaining. This low maintenance space is perfect for al fresco dining, enjoying a morning coffee, or simply unwinding after a long day, providing a peaceful escape from the hustle and bustle of daily life.

Plumstead itself is a vibrant and diverse area with a strong sense of community. It offers a range of local amenities, including shops, supermarkets, cafes, and pubs, catering to everyday needs. The area is well served by public transport, with Plumstead and Woolwich Elizabeth Line station providing excellent links to central London, making it an ideal location for commuters. Numerous green spaces and parks are also within easy reach, offering opportunities for outdoor activities and leisurely strolls. The ongoing regeneration and development in the wider Royal Borough of Greenwich further enhance Plumsteads appeal, promising continued growth and improved infrastructure.

This property is a perfect blend of period charm and contemporary living, offering spacious accommodation, modern conveniences, and a desirable location. Its chain free status makes it an even more attractive proposition for those looking for a swift and straightforward purchase. Early viewing is highly recommended to fully appreciate the quality and potential of this exceptional family home.
Room Measurements:
Lounge: 163 x 158 (4.95 m x 4.78 m)
Kitchen / Diner: 21 x 13 (6.40 m x 3.96 m)
Ground Floor Cloakroom: 65 x 36 (1.96 m x 1.07 m)
Bedroom One: 162 x 13 (4.93 m x 3.96 m)
Bedroom Two: 127 x 94 (3.84 m x 2.84 m)
En-Suite Office: 7 x 64 (2.13 m x 1.93 m)
Bedroom Three: 86 x 83 (2.59 m x 2.51 m)
Family Bathroom: 129 x 8 (3.89 m x 2.44 m)
Rear Garden: 219 wide x 177 deep (6.63 m x 5.36 m)
Council Tax: Royal Borough of Greenwich - Band D
General Property Information:
Property Construction: BrickFloor Level: Ground and firstSewerage: MainsHeating Type: Gas central heatingHot water: Via the combination boilerParking Information: Off street parkingFlood Risk: LowRamps / Lift: None.
Utilities:
Gas supply: E-onElectricity supply: E-onWater supply: Thames WaterMobile Phone coverage - For estimated coverage try here, Broadband - For estimated coverage try here,


Features
  • Freehold

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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

£ 518325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 15625
  • 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

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£

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

£ 49575
  • Mortgage Interest
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    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)
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  • Letting Fee
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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