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£2,500,000 Guide Price
Bedrooms
Bathrooms
A beautifully presented five bedroom Victorian house situated on an exceptionally wide plot on a lovely tree-lined road on the edge of Blackheath Village. This wonderful home oozes kerb appeal and offers nearly 3,000sqft of accommodation arranged over just two floors.
A columned entrance takes you into a welcoming central hall with attractive flooring that runs through to the main reception room. This room has dual aspect windows and large glass sliding doors out to the rear garden. The impressive kitchen is at the other end of the hall, again with windows to the front and rear. The bespoke kitchen is made up of solid wood cabinetry with a granite worktop and integrated appliances including a Falcon cooker and American style fridge. This room has been extended to the rear to create a fantastic dining space with bi-folding doors to the garden. There is a handy utility room and a door to the integral garage. The playroom is ideally located off the kitchen, again with doors out to the garden and there is a WC off the hall. The principal suite is on the first floor which includes a large double bedroom with views to the rear, a dressing area and a modern en-suite. There are four further bedrooms on this floor along with a stylish family bathroom. Another one of the bedrooms has an en-suite shower room and a great balcony which overlooks the garden and playing fields beyond.
Outside
The focal point to this home has to be the incredible south facing rear garden. The current owners have spent a considerable amount of time and money creating an exceptionally landscaped garden with a slight Japanese theme. There is a large raised composite deck out from the house with a sunken hot tub and amazing views over the playing fields and a large, well manicured lawn with a feature large Silver Birch tree.
Situation
Hervey Road is a charming tree lined street that is conveniently located for Blackheath Standard where the various amenities include an array of independent shops and cafs as well as a Marks & Spencer Food Hall. The recently launched Superloop bus stop is a short walk away offering direct, and free access to Canary Wharf and a regular bus service provides easy access to the Jubilee Line at North Greenwich or into Blackheath Village, with its shops, bars, restaurant and mainline train station. By road, this property is well positioned for access into Kent and the M25 using the A2 or towards Canary Wharf.
Property Ref Number:
HAM-58953Map 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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