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£525,000
Bedrooms
Bathrooms
A spacious 3 bedroomed 1930s built family house, with a paved driveway leading to an attached single garage incorporating the sideway. It features a good-sized lawn garden with a timber summerhouse, with the much sought after south-westerly aspect.
The house has an extension to the kitchen and two reception rooms. Much of the original character has fortunately been kept in-tact, including the panelling and balustrade to the hallway, all the panelled original doors throughout and Bakelite door handles, and attractive 30s tiled working fireplaces. There are three bedrooms upstairs and a modernised family bathroom, with a large loft space offering the potential for extending upwards. It has full double-glazed windows and central heating.
It is on a main road yet well placed for Sutcliffe Park opposite and within an easy walk to the shops at Kidbrooke Village and the transformed Kidbrooke main line railway station (zone 3) offering a service into Lewisham, London Bridge, Cannon Street and Charing Cross.
It is offered chain free for quick possession and has been competitively priced for a 1930s house.
The Accommodation Comprises:
Entrance Hall, Two Reception Rooms, Kitchen, Downstairs W.C., Three Bedrooms, Bathroom, Large Loft, Garage, S.W. Facing Garden, Summer House, Double Glazing, Gas Central Heating, No Chain.
EPC: E ` Council Tax Band: D Greenwich
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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