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93 Woolwich New Road, Woolwich, London
£625,000
Bedrooms
Bathrooms
Stylish Warehouse Conversion | 2 Bed, 2 Bath | Allocated Parking | Prime Royal Arsenal Location
Step into modern elegance with this beautifully renovated two-bedroom, two-bathroom warehouse conversion in the sought-after Royal Arsenal Riverside development. Blending historic charm with contemporary design, this spacious apartment has been finished to an exceptional standard throughout, offering a perfect balance of character and comfort.
The home features high ceilings, large windows, and an open-plan living space that flows seamlesslyideal for both relaxing and entertaining. Both bedrooms are generously sized, with the principal bedroom boasting an en-suite bathroom. An allocated parking space adds convenience rarely found in such a central location. There is also a bright and airy space dedicated for working from home.
Residents enjoy exclusive access to a concierge service, on-site gym, and a vibrant community atmosphere with cafes, restaurants, and green spaces just outside your door. Commuting is effortless, with the Elizabeth Line, National Rail, DLR, and even the Thames Clipper (Uber Boat) all within walking distanceputting the heart of London and beyond within easy reach.
Other benefits include; herringbone flooring, exposed brick walls and gated community.
Energy Efficiency Rating C. Council Tax Local Authority Royal Borough of Greenwich, Band C. Leasehold: 979 Years Ground Rent: 200 P/A Service Charge: 4100 PA
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.
93 Woolwich New Road, Woolwich, London
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