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93 Woolwich New Road, Woolwich, London
£525,000
Bedrooms
Bathrooms
John Payne are delighted to offer this stunning two bedroom, two bathroom, eighth floor apartment with two balconies offering stunning River and City views. Located within the highly sought after Callis Yard - Woolwich High Street this property is convenient for local shops, bus routes, Woolwich mainline station, DLR and Elizabeth Line.
Internally this extremely well-presented apartment is bright, airy and spacious throughout and comprises a 24ft x 15ft open plan reception and kitchen with access to two private northwest facing balconies, along with a Juliette balcony with River and city views. The dining area also incorporates a sleek, high end integrated kitchen fitted with a range of wall and base units with complimentary work surfaces.
There is a good-sized master bedroom, 15ft x 9ft, with modern en-suite shower room with walk in shower cubicle, cistern enclosed WC and wash hand basin. A 15ft x 9ft second bedroom with Juliette balcony and family bathroom to complete the property. There is also ample storage!
This development includes a residents only gym, concierge, private roof terrace, roof-gardens, and bicycle storage.
Callis Yard is located a short walk from Woolwich Arsenal station, offering Elizabeth Line, National Rail and Docklands Light Railway services. Canary Wharf in just 8 minutes, the City in 14 minutes and the West End in 22 minutes.
The development is also a 2-minute walk from Woolwich High Street which is home to a mix of local bars, cafes, restaurants, and high-street shops.
Unexpired Lease - 999 years from 1st January 2019 (993 years remaining)
Ground Rent - 400 Per Annum
Service Charge - 5,000 Per Annum
The Royal Borough of Greenwich - Council Tax Band - D
Energy Efficiency Rating - B
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.
93 Woolwich New Road, Woolwich, London
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