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£1,250,000 Guide Price
Bedrooms
Bathrooms
A beautiful Grade II-listed Georgian home positioned on a desirable street within the East Greenwich Conservation Area. The house is set back from the road with cast iron railings and shrubs providing wonderful privacy from the street. The property is currently split into two dwellings with the lower ground floor flat featuring two bedrooms, a reception room, a separate kitchen and a private entrance. The apartment could serve as a nanny flat or a source of rental income as well as being connected back into the main residence. The main part of the house provides some stunning period features including fireplaces, exposed floorboards and large sash windows. The ground floor features a large through reception room with a grand central fireplace, a separate dining room and a well-equipped separate kitchen. There is a staircase down to the beautiful walled rear garden which is south facing and incredibly secluded with mature trees, shrubs and flowerbeds. The top floor features three bedrooms, a classically styled bathroom complete with a rolltop bathtub and a separate shower room.
Situation
Old Woolwich Road forms part of the East Greenwich Conservation Area which is located a short walk from Maze Hill Station offering swift access to the City and Canary Wharf (via the DLR at Greenwich Station). The river is moments away as are the many independent shops, restaurants and pubs on Trafalgar Road. The open green spaces of Greenwich Park are within walking distance as are the historical landmarks such as the National Maritime Museum, Greenwich Town Centre and Greenwich Market. There are a number of well-regarded schools and childcare options for families to consider.
Property Ref Number:
HAM-1094Map 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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