3 bedroom semi-detached for sale

£795,000

3

Bedrooms

2

Bathrooms

Floorplan

Ideal for families, this charming, 1930s semidetached property sits proudly in the sought after location of Lee.


The property is well situated for commuters, with Lee Station only 0.3 miles away and within catchment of many desirable schools

The property invites you in through the entrance hall,
providing access to the reception rooms and the W/C.

The main reception room is located towards the front of the property and comes complete with a feature cast iron fireplace and bay window, flooding the room with natural light.

Back into the hallway, you are then guided into the lounge/diner, which has been thoughtfully knocked into one space, creating an impressive through room. This also benefits from two further feature fireplaces. The dining room also has the advantage of built in joinery and French doors leading onto the rear garden.

The kitchen can be accessed via the rear garden, or the dining area. The kitchen has a sleek finish with integrated appliances and comes equipped with a utility room.

The first floor comprises of the main bedroom, complete with built in wardrobes and a bay window. The second bedroom benefits from views of the rear garden and another fireplace. The third bedroom would be ideal for a study or childs
bedroom. The main bathroom is also located on this floor and comes with the added advantage of a window.

For keen gardeners or families who enjoy the outdoors, the garden can accommodate either lifestyle. The majority of
garden is currently laid to lawn, with some paving slabs
towards the house, providing the opportunity to make it your own or keep it low maintenance.

Other benefits include side access, shared driveway, permit on street parking, gas central heating and double glazing throughout.

For commuters, the property is conveniently located close to Lee Station, offering regular services to London Bridge, Charing Cross and Cannon Street. Blackheath
Village and Lewisham Town centre are also easily
accessible providing access to the DLR.

For those who enjoy the greenery of South East London, Manor House Gardens is a short distance away, complete with a childrens play park, a pond and a farmers market every Saturday.

Dallinger Road benefits from local amenities, such as a Co-Op, Lucianos (Italian) and Lord Northbrook Pub all within walking distance

Blackheath Village is just over 1 mile away with its array of boutique shops, farmers market, restaurants, bars and station.

- Three Bedrooms
- Semi Detached
- Two Reception Rooms
- Utility
- 0.3 Miles From Lee Station
- Off Street Parking
- Council Tax: Lewisham Band D
- Tenure: Freehold

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

£ 658575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 19875
  • 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

£ 62325
  • 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

Adjust these figures

  %
  %
£
  %

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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