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£3,250,000 Guide Price
Bedrooms
Bathrooms
Guide Price 3,250,000 - 3,500,000
A beautifully presented, double fronted detached house, situated on a secluded plot on Parkgate within the prestigious Cator Estate. This stunning home has been extended to the rear to create a wonderful family home.
The house is set at the end of small close and entered into a welcoming central hall. To the right is a charming living room with a large round bay window and a door giving dual aspect views over the garden. There is a feature fireplace and attractive parquet flooring that runs through to the formal dining room. This room also enjoys lovely garden views. The traditional style bespoke kitchen is made up of solid wood units with a granite work surface and integrated appliances including a Falcon Range cooker. This room opens into a great snug/TV area with space for a breakfast table. A door takes you into the extension that is currently used as a study and guest bedroom with a utility room and shower room so could easily be converted into a granny annex. Finally, there is a garage that is being used as a gym and a WC off the hall.
There are three generous bedrooms on the first floor, all of which overlook the garden and have built in wardrobes. The largest bedroom has an en-suite shower room and there is a further family bathroom. The loft has been converted into a another bedroom with plenty of eaves storage.
Outside
The beautifully kept rear garden wraps around the house and is mainly laid to lawn with a number of patios outside the various rooms of the house. The whole garden is surrounded by neighbouring gardens and enclosed buy mature shrubs and trees offering complete privacy.
Situation
Parkgate is a picturesque, tree lined street found on the prestigious Cator Estate. Blackheath Village is just a few hundred metres away where you will find with its array of shops, cafes, bars and restaurants. In addition to these amenities, the Conservatoire is a family friendly hub of the local community offering art, drama and music classes as well as hosting various events. On the north side of the village is the open heath which is a jewel of South East London and makes an idyllic recreation area with Greenwich Royal Park beyond.
Blackheath station is ideal for commuting into town with regular services in to London Bridge (13 minutes), Charing Cross, Cannon Street and London Victoria. One stop down the line will bring you to Lewisham Station where the DLR provides regular services into Canary Wharf and Bank. Those who are considering schools will have a number of options for both state and public education. Local schools include the hugely popular and Ofsted Outstanding Brooklands Primary School, Heath House, Blackheath Preparatory School and The Pointers School. Further afield, Eltham and Dulwich Colleges run a bus service directly from Blackheath Village.
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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