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£775,000 Guide Price
Bedrooms
Bathrooms
Guide Price 775,000 - 800,000 An Immaculate Three Bedroom End of Terraced House
An immaculate three bedroom, end of terrace family home with off street parking and garden room with gym and storage, located in a popular residential road, near to Lee Station and local amenities.
The bright and spacious accommodation is approached by the hallway with underfloor heating, leading to a through lounge with engineered wooden flooring and french doors leading to the garden. The kitchen is a wrap around kitchen, with underfloor heating, modern white wall and base units, breakfast bar, double doors leading to the garden. From the kitchen you have the study and ground floor W.C.
From both the kitchen and lounge you have direct access to the rear garden which is mainly laid to lawn and benefitting from a garden room which is used as a gym and storage.
On the first floor, you have three bedrooms, two are double bedrooms and a large single bedroom and bathroom, comprising of a white suite.
The location is fantastic for commuters with Lee Mainline Station providing regular overground trains into the London Terminals and Lewisham with the DLR. There are also regular bus services which are accessible via the South Circular, Burnt Ash Hill and Baring Road which also has the SL4 Superloop to Canary Wharf.
There are a range of private and state schools including Colfes Independent School, Riverston School, Baring Primary School and St. Wilfreds.
Broadband and Mobile Coverage
For broadband and mobile phone coverage at the property in question please visit: checker.ofcom.org.uk/en-gb/broadband-coverage and checker.ofcom.org.uk/en-gb/mobile-coverage respectively.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.
Map 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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