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1 Crescent Arcade, 279 Creek Road, London
£825,000 Guide Price
Bedrooms
Bathrooms
This very large terraced house with a garden is set in a quiet residential cul-de-sac in Rotherhithe, close to the amenities at Surrey Quays and Canada Water. The accommodation is arranged over four floors comprising a reception/living room, separate kitchen, five bedrooms, four bathrooms, and two guest cloakrooms.
This very large contemporary, terraced house with a garden is set in a quiet residential cul-de-sac in Rotherhithe, close to the amenities at Surrey Quays and Canada Water. The accommodation is arranged over four floors comprising a reception/living room, a separate kitchen, five bedrooms, four bathrooms, and two guest cloakrooms.
Built in the late 80s, Holyoake Court is an interesting residential terrace comprising 3-storey houses of various sizes, shapes and colours. The ground floor entrance leads to two bedrooms and the back garden. On the first floor are the sizeable living room and the large kitchen. Further up on level three are three bedrooms (two with en suite bathrooms) and three bathrooms. On the top floor is the fifth bedroom with its own bathroom and storage space.
This contemporary house is a perfect investment or a family home. It is located in the catchment area for Redriff Primary School nearby. Holyoake Court is close to Canada Water Station (Jubilee line and London Overground) and Rotherhithe (Overground) station. The Greenland Pier is a short distance away as is the Thames River Path.
Tenure: Freehold
Council: Southwark, Band E
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.
1 Crescent Arcade, 279 Creek Road, London
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