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£3,000,000 Guide Price
Bedrooms
Bathrooms
A four bedroom Grade II-listed Georgian townhouse located directly opposite Greenwich Park on arguably West Greenwichs most desirable address. This striking home is exceptionally rare to the market featuring stunning direct views of the park with the sale including a separate garage and studio to the rear which is accessible via a passageway off King George Street. The property is set back off the road with the paved front garden and wrought iron railings providing privacy from the street with stone steps leading up to the impressive columned entrance porch. Internally the house offers exceptional living space, four bedrooms and three bathrooms over four floors. The property has been under the same ownership for some time and will require modernisation providing a buyer the opportunity to create their perfect home. The paved rear garden is a generous size with flowerbeds on each side and also providing access to the garage and studio. The property is offered chain free and available for viewings upon request.
Situation
The property is located on Crooms Hill in West Greenwich, a historical and highly desirable road sweeping along the west side of Greenwich Park. Greenwich Park is located directly opposite the property while Greenwich Town Centre and Greenwich Market are within moments providing an array of local shops, restaurants, cafs and pubs for residents to enjoy. Both Greenwich Mainline Station and the Cutty Sark DLR are a short walk away providing a swift commute to Canary Wharf and the City. There are a number of well-regarded local schools and childcare options. Greenwich is an area of historical importance and the property is ideally located for access to the Royal Maritime Museum, the Royal Observatory and the Old Royal Naval College to name a few.
Property Ref Number:
HAM-57537Your 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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