4 bedroom detached for sale

£1,500,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

An exceptional four bedroom detached home, formerly an old sweet factory, which is located within moments of the open Heath and a short walk to Greenwich Park and Town Centre. The property has been renovated to create a unique loft-style home with incredible living space and generous bedrooms sizes, perfect for families and those who love to entertain. The property is hidden from view of the road behind a row of Victorian terraced homes and securely accessed via carriage gates which also provides a covered off-street parking space and the option for an EV charger. The patio area at the entrance of the house features raised timber flowerbeds and cedar fencing providing an additional layer of privacy. The striking entrance hallway provides a glimpse into the scale of space and light the property offers. The ground floor provides access to each of the four bedrooms, two of which including the principal bedroom are ensuite and include fitted wardrobes, with one of the bedrooms currently configured as an impressive walk-in dressing room with a bespoke built pull-down guest bed. There is a large main bathroom off the hallway and in the front bedroom a hatch leading down to a concealed wine cellar. The principal bedroom also benefits from access to the lovely walled rear garden featuring artificial lawn for ease of maintenance. On the first floor is the quite stunning open-plan loft-style living space, exceptionally unique to the area, and providing an open plan space spanning the entire top floor of the property. The open-plan kitchen is stylish and modern with integrated appliances and stone worktops which include a breakfast bar. The dining area is currently set up to accommodate a large 8-seater table (with room for larger if needed) and the sitting area is complemented by bespoke cabinetry and a log-burning fireplace. Large Velux windows throughout flood the space with natural light with wooden flooring, ceiling joists and exposed brickwork really enhancing the loft-space feel. From the sitting area, french doors lead out onto a lovely and spacious terrace with ample space for a outdoor dining set and with direct access down to the rear garden. This stunning home is incredibly rare to the local market and an early viewing is highly recommended.

Situation

The property is located on the no-through section of Dartmouth Hill, a desirable residential street conveniently located in between Greenwich and Blackheath Village. The property provides easy access to Greenwich Mainline and DLR Station, Blackheath Station and Lewisham Station for a swift commute to Canary Wharf, The City and West End. There is a wide array of local shops, restaurants and pubs in both Greenwich and Blackheath Village while the open green spaces of Greenwich Park and Blackheath are just moments away. There are a number of popular schools and childcare options nearby for families to consider.

Property Ref Number:

HAM-57009

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

£ 1256450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 37500
  • 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

£ 131450
  • 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

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  %

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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