Are you an Estate Agent? Register here
£850,000 Guide Price
Bedrooms
Bathrooms
'GUIDE PRICE 850,000 - 900,000'
An incredible opportunity to purchase a unique four bedroom, two bathroom end of terrace Edwardian home with South facing garden measuring 64x24ft which is much larger than most houses in this area. There is also a shop to the front of the house included in the freehold title and scope for further adjustments and additions (STPP), being sold chain free!
As you step inside you have an entrance hall which is a good size for storing bikes and/or buggies, then taking a left you enter a huge open plan living kitchen dining room which is the hub of the home and measures 312 x 202 making for an expansive space which is incredibly sociable yet functional having a fully fitted kitchen and access to the South facing garden is provided by sliding doors making for a seamless blend to inside and outside which on the right day is magical.
There is a structure built onto the side of the house which can be further elaborated into a utility room, home office, shower room or perhaps all the above. To the front of the property is what was once a shop and currently used as a pottery studio, yet a buyer can write a completely new script and make this the way they want it.
On the first floor there is a large double bedroom with walk through wardrobe and an ensuite shower room with toilet, this room is light and airy, helped by the south facing aspect and Juliet balcony. Two equally sized double bedrooms are positioned to the front of the house, whilst there is a fourth double positioned on the east facing side which has a curved bay window encouraging morning sun into the room and a recently fitted family shower room completes this floor.
The loft space is very large and can be further extended to create another bedroom and bathroom (STPP). Added benefits include gas central heating, double glazed sash windows, wooden flooring, and flexible living accommodation.
Situated on a broad residential street on the popular Charlton slopes at the edge of Blackheath and within walking distance of the Blackheath Royal Standard, which boasts plenty of independent shops, cafs, and an M&S Simply food. Nearby is Greenwich Park 20 mins walk; Greenwich Town Centre 35 mins walk. Blackheath Tennis & Squash clubs are very close by. Charlton Park is a short walk away and it is one of Greenwichs Green Flag award winning sites with three independent cafes. There are two train stations within walking distance, Westcombe Park station (London bridge 14 minutes) and Charlton Station. There are also many bus links which will take you to Blackheath village, North and Central Greenwich. The Elizabeth line can be accessed easily by a bus to Woolwich or two stops from Westcombe Park by train. From Greenwich the DLR can take you into Bank or Canary Wharf. London City Airport, Gatwick, Heathrow, and Luton are all easily accessible via public transport.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy