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£1,450,000 Guide Price
Bedrooms
Bathrooms
A beautifully presented three bedroom period home located on one of the most desirable no-through roads in West Greenwich. Expertly renovated and extended, the property provides excellent living space combined with generous bedrooms and a flexible configuration. The house, with its London stock brick faade, is set back from the road with cast iron railings providing added privacy on this already secluded and extremely quiet location.
The ground floor features a spacious study, which can easily be used as an additional bedroom, and leads through to the main reception room to the rear. The reception room features a vaulted ceiling and velux windows which creates an incredible sense of space and light throughout. There is a conservatory, currently used as an additional dining room, which joins the living space with the modern contemporary kitchen and leads out onto the wonderfully secluded and sunny southwest-facing rear garden which is both leafy and low maintenance. Moving back to the kitchen, this has been upgraded with a sleek and stylish design to include fully integrated appliances and ample storage space. The ground floor also features a modern shower room.
The first floor has been renovated to create a main principal bedroom with bespoke fitted wardrobes and an ensuite shower room. The second bedroom features a vaulted ceiling and has use of the main bathroom suite off the hallway. A rare opportunity to purchase a turnkey home positioned on one of the areas most sought after locations.
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-60601Map location is not available for this property.
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 )
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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