4 bedroom terraced for sale

£1,800,000

4

Bedrooms

3

Bathrooms

Floorplan

A beautifully presented and ideally located three/four bedroom modern townhouse, constructed in 2021 as part of a boutique collection of homes, and offered in exceptional decorative order throughout. The property provides excellent living space with a spacious living room on the ground floor which leads out onto the lovely low maintenance rear garden with secure storage and a garden studio room to the rear which makes for a great home study or gym. Also located on the ground floor is a guest WC and the front bedroom or study. The lower ground is an impressive space with a lightwell and patio doors designed to enhance the natural light throughout. The large kitchen area is well-equipped and fully integrated with high spec appliances and ample cabinetry and worktop space with a kitchen island/breakfast bar installed to create a wonderful dining area. There is also a large seating/living area so perfect for families and for entertaining. Also on the lower level is a utility room and a separate courtyard area. Underfloor heating is installed on both the lower ground and ground floors. On the first floor are two generous double bedrooms both benefitting from use of the stylish bathroom suite. The top floor features the impressive principal bedroom suite with a walk-in wardrobe and an ensuite bath/wet room with a freestanding bathtub, double shower and double basins. This exceptional home is incredibly low maintenance and enjoys the many amenities of West Greenwich on its doorstep.

Situation

Arguably West Greenwichs most sought-after address, Hyde Vale is within a short walk of Greenwich Park and Greenwich Mainline and DLR Station offering a swift commute to London Bridge, The City and Canary Wharf. The Thameslink Line from Greenwich provides additional services to Blackfriars, Kings Cross and Luton Airport. The local shops on Royal Hill are a short walk away featuring a butchers, greengrocers and fishmongers and there are an array of local pubs, restaurants and independent coffee shops for local residents to enjoy. There is also a good choice of popular schools and childcare options for families to consider.

Property Ref Number:

HAM-56887

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

£ 1524950

Mortgage Loan to Value

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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
    £ 45000
  • 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

£ 174950
  • 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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