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£1,000,000 Guide Price
Bedrooms
Bathrooms
'' 1 000 000 to 1 150 000 Guide Price''
John Payne are delighted to bring to the market this impressive four double-bedroom semi-detached house situated on a vibrant Street in West Greenwich, ideally located for Greenwich mainline train station and DLR, and is being sold with no onward chain.
Entering via an extended entrance hall and into an open plan reception room enjoying dual-aspect light and original exposed wooden floors. To the lower ground is a spacious, colourful and unique kitchen with appliances, plus separate dining room with double French doors leading onto a 60 private garden. A convenient utility room and modern three-piece family bathroom completes this floor.
The first and second floors each have two double bedrooms, all spacious and bright, with the first floor offering an en-suite shower room and the second floor housing a useful separate WC.
Further benefits include garden outhouse for extra storage and resident permit car parking.
This property is superbly positioned for West Greenwich and its plethora of amenities on your doorstep, plus including bars and restaurants, Royal Greenwich Park, Greenwich Picture house, Greenwich Theatre, Greenwich Town Centre, Greenwich Market.
Access to Greenwich DLR, Cutty Sark DLR, Greenwich Mainline Station and the Thames Clipper are a stones throw away, making light work of a commute into the City, Canary Wharf and the West End.
Royal Borough of Greenwich Tax Band E
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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