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93 Woolwich New Road, Woolwich, London
£575,000
Bedrooms
Bathrooms
John Payne are pleased to bring to the SE18 market this two bedroom Grade II listed apartment in the heart of the renowned Royal Arsenal. Located only seconds away from the Elizabeth Line and the fantastic amenities of Woolwich this property is not to be missed.
The property comprises: two double bedrooms, the master with built in wardrobes and Juliette balcony. There is a spacious 34ft open plan kitchen/living room with a modern fully integrated high spec white kitchen to include a full-size dishwasher. There is a storage cupboard for utilities and a modern three-piece bathroom to complete the apartment.
The apartment has access to The Waterside Club which includes a resident only gym with state-of-the-art fitness equipment, vitality spa pool and a 20-metre swimming pool, sauna and steam room, treatment rooms, private cinema, and 24-hour concierge and security. There are a number of residents sports societies and the Thames Path provides running (Park Run starts 2 minutes away every Saturday morning) and cycling routes to Greenwich & London Bridge, or, alternatively, out to Kent.
The Royal Arsenal functioned for nearly 500 years, manufacturing weapons, large firearms and tanks, as well as supplying ammunition and other armaments. A small Gunwharf was established in Woolwich in July 1518 for the equipping of newly constructed warships. Since then, Berkeley Homes have redeveloped the Arsenal converting old armouries into beautiful properties making this the perfect place to live.
Plenty of amenities are at your doorstep in Royal Arsenal. From gastro pubs (Dial Arch, Guard House, Salt) to cafes (Jade Boulangerie, Dennas), to gyms (the Yoga Space, 7R CrossFit gym), to the new cultural centres of Woolwich Works and Punch Drunk, its the perfect place to set down roots.
This one is not to be missed, call us now on to book your viewing today!
Lease Length 992 Years Remaining
Service Charge - 4,535.55 PA
Ground Rent - 425 PA
Royal Borough of Greenwich - 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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