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£2,225,000 Guide Price
Bedrooms
Bathrooms
Positioned at the top of a highly desirable no-through road in West Greenwich is this stunning four bedroom Victorian semi-detached home. The property has been extended and renovated by the current owners to create a stylish and spacious home perfect for families and those who love to entertain. The position of the house on the road provides a great sense of privacy and is set back from the road with cast iron railings, a landscaped front garden and EV charging installed. There is also a side gate which provides very useful access to the rear garden. Entering the house on the ground floor, you are led into the spacious double reception room with large sash windows providing wonderful views onto the rear garden and back down the road to the front. Bespoke fitted bookcases, working fireplaces and high ceilings all complement this charming space. To the rear of the ground floor is a study which leads directly out into the garden. Moving downstairs, the spacious kitchen has been hand built featuring bespoke cabinetry, stone worktops and designed to seamlessly connect the cooking and dining areas. To the rear, large patio windows flood the floor with natural light and lead out onto the sunken patio area extending the living space in the warmer months. There is also a playroom/home gym/study area and a guest WC at the rear. On the first floor are two spacious bedrooms including the impressive principal bedroom with both rooms featuring bespoke fitted wardrobes. The large main bathroom is also located on the first floor with a separate bathtub and walk-in shower with a separate utility room housing the washer and dryer just outside. On the top floor are a further two bedrooms, both featuring ample storage in the eaves and a cleverly designed wet room on the same level. Moving outside, the stunning rear garden has been designed and landscaped to create an incredibly private and secluded space for families and summer parties. The patio area features a bespoke outdoor fireplace (which can also be used as a grill) with a built-in bench and daybed ensuring you can use the space year round. The middle section of the garden is laid to lawn with another dining area and mature flowerbeds, shrubs and trees providing a leafy backdrop. A large high quality shed and raised vegetable beds are located at the very rear.
Situation
Luton Place is a highly desirable residential no-through road positioned just off of King George Street in the very heart of West Greenwich 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-0495Your 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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