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£1,750,000 Offers in excess of
Bedrooms
Bathrooms
This beautiful Grade II-listed Victorian home is conveniently located for easy access to a number of local stations and amenities. The property, with a grand stucco facade, is set back off the road with the Memorial Gardens and manicured front garden providing a leafy privacy screen from the outside world. The house features fantastic living space with the large kitchen diner and reception room located on the ground floor as well as a shower room off the hallway. The upper two floors comprise of five bedrooms (the largest of which is currently used as a reception room) with a utility room and the main bathroom located on the first floor. The lower ground floor can be used as a completely self-contained apartment if needed with a reception room, bedroom, kitchen and bathroom with separate access from both the front and rear of the property. The exceptionally large garden has been lovingly maintained throughout the current ownership with a variety of mature trees, shrubs and fruit trees with the option of off street parking to the rear (vehicular access via Manor Mews). The house features a number of period features throughout including fireplaces, ornate cornicing and sash windows with working shutter.
Situation
The property is positioned on Lewisham Way and set back behind the Memorial Gardens. There are four stations all within walking distance with Brockley, St Johns, Deptford Bridge and New Cross providing Mainline Rail, DLR and London Overground connections to the City, Canary Wharf and East London. A wide variety of local shops, restaurants and pubs are within easy reach as are the open green spaces of local parks such as Hilly Fields and Greenwich Park. There are a number of well regarded schools in the area providing families with excellent choices for both primary and secondary ages. Also a short walk away is Brockley Market which is an award winning market open every Saturday with locally sourced and seasonal produce and a wide range of food stalls.
Property Ref Number:
HAM-55035Your 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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