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£675,000 Guide Price
Bedrooms
Bathrooms
Guide Price 675,000 - 700,000
CHAIN FREE - Situated on the ground floor of this imposing double fronted, period property, jdm are delighted to offer these two bedroom apartment benefitting from own entrance and direct access to a courtyard garden.
Guide Price 675,000 - 700,000
Quentin road is a commuters paradise due to being within walking distance to Blackheath Station allowing you to take advantage of the excellent transport links via overground into London Charing Cross and London Bridge while those looking to commute into Canary Wharf can connect to the DLR at Lewisham.
The apartment has been lovingly maintained by the owners and is neutrally decorated throughout. When you enter the apartment into the hallway and on the right, you have a double reception room with carpet, feature fireplace and large sash windows. To the rear of the apartment is the Dining room and separate Kitchen which features a range of wall and base units, breakfast bar and door leading out to the courtyard garden.
Continuing along the hallway there are two doors which access two separate cellars which are great for storage, a separate w.c and modern family bathroom with bath and separate shower. Completing the accommodation are the two bedrooms with the principle bedroom having the benefit from built in storage cupboards.
The close proximity to Blackheath allows you to really take advantage of everything Blackheath has to offer with its boutique style shops, bars, cafes and restaurants, farmers market and regular events at the Arts Theatre.
If you love to spend their free time outdoors will find plenty of green spaces which include the heath itself, Manor House Gardens with its thriving social hub and Royal Greenwich Park with its observatory and fantastic viewing point for the whole of the London city skyline.
MATERIAL INFORMATION
SERVICE CHARGE + GROUND RENT: 60 A YEAR
LEASE LENGTH: 984 years Approx
PARKING
On street parking is available, please enquire with the council as to permit costs
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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