5 bedroom detached for sale

£4,500,000

5

Bedrooms

3

Bathrooms

Floorplan

Extremely rare to the market is this stunning Grade II-listed detached Georgian villa positioned on a leafy residential street in prime West Greenwich. The house is set back from the street with a mature hedgerow providing a leafy screen of privacy and a front driveway leading up to the garage at the side of the property. Cast iron railings and a Georgian portico add a sense of grandeur to the house with the large original studded front door another beautiful feature. Internally the living space is fantastic with the main reception room running the depth of the house with a period fireplace in the centre of the room and large sash windows flooding the space with natural light. On the opposite side of the hallway is the library and a separate room currently being used as a cloakroom that would make an equally lovely study. On the first floor you will find three large bedrooms and two bathrooms. The impressive principal bedroom has floor to ceiling fitted wardrobes and an ensuite shower room. The colourful and playful decor carries through to the top floor which is currently used as a TV room but would also make a great space for older children or could be used as a guest suite with a bathroom and space for a small kitchenette if needed. There is also ample storage located in the eaves. On the lower ground floor is a spacious kitchen and dining room complete with a wine cellar, a large dining room which is perfect for dinner parties/family gatherings and a large separate utility room. Additional internal features include a large guest WC on the ground floor. The south-facing rear garden is a quite stunning backdrop of mature trees, shrubs and rose bushes providing a serenely secluded area for garden parties and families. Measuring approx. 75 ft in length, the garden provides a large lawn area with a patio closest to the house and a hidden terrace to the rear. There is also rear access to the garage which provides ample space for a family size car or secure storage. There is a studio above the garage which is currently set up as an office but could be equally used as a home gym or play room. This rare to market home has been incredibly well-maintained throughout the current ownership and provides an opportunity to secure one of only a handful of detached homes in the West Greenwich area.

Situation

Hyde Vale is arguably West Greenwichs most desirable address leading up from Royal Hill to the open Heath. Greenwich Mainline and DLR Station is within easy reach providing swift and regular services to Canary Wharf, London Bridge, Cannon Street and Kings Cross. There are an array of local cafes and shops located on Royal Hill including a greengrocers, butchers and fishmongers giving the area a village like feel while the many pubs and restaurants surrounding Greenwich Market are located nearby. The open green spaces of Greenwich Park and Blackheath are a short walk away as are the many historical points of interest such as the Royal Observatory, Royal Naval College and the National Maritime Museum.

Property Ref Number:

HAM-53485

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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

£ 3941450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 112500
  • 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

£ 566450
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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

Notes

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