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£2,250,000
Bedrooms
Bathrooms
Substantial five double bedroom bay fronted Victorian semi-detached family home measuring in excess of 3200sqft, boasting off street parking which accommodates up to four cars, circa 120ft garden, three bathrooms and being sold chain free.
Upon entering the home you are dazzled by the stunning stained glass door and welcomed in by the gorgeous tiling, the front reception room is enormous both in height and floor space and the second reception room has like for like proportions whilst opening to the kitchen dinning area which is wonderfully sociable, there is a utility room with a W/C which has side door access and a sunroom to the rear offers flexible living accommodation and provides access to the extensive east facing garden where you can find sun all day owed to its length. There is also a large cellar accessed from the dining area.
The first floor has an impressive primary bedroom with ensuite shower room, a large double bedroom, family bathroom with His and Hers sinks and a double bedroom to the rear with garden views. The second floor comprises two double bedrooms with a Jack and Gill shower room and a large store cupboard on the landing adds to the plethora of storage options.
A truly remarkable home which has been cared for and updated by the current owners which includes, mega flow heating system, double glazed sash windows, off street parking, charge point for electric vehicles, side access and tons of original features.
The house is well-served for transport and shops. Nearby Westcombe Park mainline station connects to London Bridge and Cannon Street, as well as being served by Thameslink. Greenwich Village has both the DLR (Cutty Sark station) and the Thames Uber River bus. North Greenwich in on the Jubilee Line. Westcombe Park is also two stops away from Woolwich which has frequent Elizabeth Line services.
The area offers several acclaimed schools such as Blackheath High, The Pointer School, Halstow, Invicta, and many other established learning institutions for all ages.
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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