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£375,000
Bedrooms
Bathrooms
Offered exclusively to cash buyers, this beautifully presented two-bedroom first floor apartment forms part of the architecturally significant Vanbrugh Park Estate, nestled within the desirable enclave of Westcombe Park, Blackheath, SE3. Designed in the early 1960s by the acclaimed Modernist architects Chamberlin, Powell and Bon. Best known for their iconic work on the Barbican Centre and Golden Lane Estate in central London. Westcombe Court is a striking example of mid-century design. The apartment captures the essence of this architectural style with expansive windows that flood the space with natural light and a layout that offers a true sense of openness.
The accommodation is generously proportioned and thoughtfully arranged, comprising two good sized double bedrooms, a spacious living room with an eye-catching L-shaped window, a contemporary fitted kitchen, and a bathroom with WC, all accessed via a central entrance hall. The apartment benefits from both lift and stair access to all floors, as well as a secure entry phone system, ensuring convenience and peace of mind.
Westcombe Park is a sought-after location known for its proximity to the open spaces of Blackheaths Heath and the adjacent Greenwich Royal Park, both perfect for leisurely walks and outdoor pursuits. Transport links are excellent, with frequent bus services just moments away and rail connections from nearby Westcombe Park and Maze Hill stations providing easy access into central London and beyond. The area also offers numerous cycling routes and paths for those who prefer to travel on two wheels.
For local amenities, the Royal Standard at Blackheath is a short distance away and offers an array of independent shops, charming cafs, two welcoming pubs, a public library, and a Marks & Spencer food hall, catering to all everyday needs. This is a rare opportunity to secure a characterful, light-filled home in an architecturally celebrated development within one of southeast Londons most desirable neighbourhoods.
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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