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£750,000 Guide Price
Bedrooms
Bathrooms
Guide 750,000 - 775,000 A Well Presented Three Bedroom House With A 76 Rear Garden
Guide Price 750,000 - 775,000. A very well presented Three Bedroom End of Terraced House within a popular residential road.
Approached by a driveway which has off street parking for three cars this property has been owned by the same family for a number of years and has been well maintained throughout. The property has a porch leading to the bright and spacious hallway opening to a through lounge with feature fireplace and ornate ceilings. From the lounge you have sliding doors to the garden which is approximately 76 with a large patio area leading to the lawned area, which backs onto other gardens. There is also a garden shed. The kitchen has white wall and base units including an oven and grill, with gas hob and has space for dining table and chairs. The kitchen leads to the ground floor cloakroom with shower, utility room and study.
On the first floor you have three bedrooms, two doubles and a spacious single bedroom and bathroom with a white suite including surface mounted basin.
Horncastle Road is located just off Burnt Ash Hill and great 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.
Schools in the area include private and state schools with Colfes, 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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