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£1,100,000 Guide Price
Bedrooms
Bathrooms
A truly magnificent home located only moments from Greenwich Park and the river. Arranged over four floors and measuring over 1 600 square feet. Throughout the property you will find plenty of original and traditional features, plus there is the added benefit of the property being sold with no onward chain.
Internally the property offers flexible living accommodation which comprises; to the lower floor a spacious, eat in kitchen and dining room, the hall floor can be utilised as two further reception rooms or bedrooms, the top two floors are set out as further four bedrooms and family bathroom is found on the top floor. To the rear is a 25 foot courtyard garden space.
King William Walk is superbly positioned in the centre of West Greenwich, being within a stones throw of the gates to the Royal Park. This arguably has to be one of the best positions in Greenwich Village and is within close walking distance of the shops in Royal Hill, Greenwich Picturehouse, Greenwich Theatre, Greenwich Town Centre, Greenwich Market, and a plethora of other amenities, including bars and restaurants.
Access to Greenwich DLR, Cutty Sark DLR, Greenwich Mainline Station and the Thames Clipper are a short walk away, making light work of a commute into the City, Canary Wharf and the West End.
Royal Borough of Greenwich Council Tax: Band G
Lease Length: 150 years | Reserve Fund Contribution: 5 000 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.
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