4 bedroom terraced for sale

£2,500,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Guide price 2,500,000 - 2,700,000
An elegant four bedroom Georgian townhouse occupying a prime position within the prestigious Cator Estate with views over the impressive St Michael & All Angels Church.

This immaculately presented period home is set back from the road behind a gravel drive and is entered via a few steps into a welcoming entrance hall. This floor is occupied by the grand through reception room with large sash windows to the front and rear which fill the room with natural light. This room features two fireplaces, built in cabinetry and exposed wooden floorboards. There is a WC along the hall and a handy cloakroom cupboard. The kitchen and dining room are downstairs with a door out to the garden. The bespoke solid wood kitchen is integrated with appliances including a Falcon range cooker and Butler sink with a granite worktop. The lovely underfloor heated stone floor runs through to a spacious dining room with a wood burning stove. There also a separate utility room with a door out to the front of the house.

The principal suite occupies the entire first floor incorporating a large bedroom with two sash windows, built in wardrobes and a feature fireplace with marble surround and a stylish bathroom with a walk-in shower, freestanding bath and a further fireplace. There are three further bedrooms and another luxury bathroom across the top two floors.

Outside

The beautiful walled rear garden is over 150ft long and has been thoughtfully landscaped. There is a sunken patio out from the house, a patio halfway down and a further patio at the rear of the garden with lawn in between. From the garden, you also enjoy wonderful views over the church which sits two doors down.

Situation

Blackheath Park is a picturesque, tree lined street found on the prestigious Cator Estate. Quite literally at the end of the road you will find Blackheath Village 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 Prep School and The Pointers School. Further afield, Eltham Collage and the Dulwich schools run bus services directly from Blackheath Village.

Property Ref Number:

HAM-56171

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

£ 2151450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 62500
  • 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

£ 276450
  • 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

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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

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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