4 bedroom terraced for sale

£1,850,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

A four bedroom townhouse located in West Greenwich forming part of a grand Victorian terrace with a wonderful London stock brick and stucco faade set back behind cast iron railings and a leafy front garden. The house has been fully renovated and extended to create a beautiful family-sized home with a light and modern dcor throughout complemented by a number of period features. The ground floor features a lovely tiled entrance hall leading through to the double reception room with high ceilings, exposed wooden flooring, bespoke cabinetry and a large Juliet window flooding the room with natural light. To the rear is an extremely useful utility space/boot room which would also make a lovely home office with views onto the rear garden. The lower level has been extended to the rear to create a stunning open plan space with a hand-built Herringbone House kitchen complemented by a large kitchen island with stone top, range cooker and a host of modern appliances including Quooker tap with filtered, sparkling and boiling water. The herringbone flooring is a beautiful feature and is combined with underfloor heating throughout the lower level with additional inbuilt storage and a guest WC. Bifold doors perfectly frame the garden and lead out onto the patio area which is perfect for outdoor dining and entertaining. The leafy and secluded garden provides mature trees and shrubs acting as a natural screen while the high grade artificial lawn offers a low maintenance outdoor family area. The first floor comprises of two bedrooms with the impressive principal room featuring high ceilings, a fireplace, fitted wardrobes and exposed floorboards. The guest bedroom is also a generous size while the shower room features Burlington fittings and underfloor heating. The top floor comprises of a further two bedrooms and a family bathroom suite again with underfloor fittings and Burlington fittings very much in keeping with the style of the property. Throughout the renovation the heating system and boiler have been replaced, new windows fitted and a new fuse box and updated wiring installed where needed. There are also a number of vaults at the front of the house providing invaluable storage space. This stylish home is turnkey ready for a new owner to purchase in one of the areas finest Victorian terraces.

Situation

This part of Greenwich South Street is positioned in the Ashburnham Triangle Conservation Area and located moments from Greenwich Park and Town Centre. Just around the corner. Royal Hill Parade is home to an array of local shops including a butchers, fishmonger and greengrocers giving the area a village-like feel while a number of very popular pubs and coffee shops also line the street. For transport, Greenwich Mainline and DLR Station provides direct connections to Canary Wharf, London Bridge, Cannon Street and Kings Cross. Greenwich is home to a number of historical attractions and points of interest including the Royal Observatory, Cutty Sark and National Maritime Museum all of which are within easy reach. There are a number of good schools and childcare options available for families to consider.

Property Ref Number:

HAM-55473

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

£ 1569700

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
    £ 46250
  • 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

£ 182200
  • 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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  %
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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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