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£850,000 Guide Price
Bedrooms
Bathrooms
'' 850 000 to 900 000 GUIDE PRICE ''
John Payne are delighted to market CHAIN FREE this generous four bedroom, Victorian-built terraced house, located on one of the most attractive tree-lined residential streets of the exclusive St. Johns conservation area.
Oozing potential for renovation, this home offers spacious accommodation over 1700 square feet, briefly comprising separate living and dining rooms with beautiful high ceiliings, four double bedrooms, a family bathroom, plus kitchen with access to a large private rear garden.
Further benefits include loft space and an enormous cellar primed for storage, a low maintenance front garden, convenient for bins and bikes et cetera. There is great potential to be extended up, out and even down (subject to the relevant permissions being obtained).
Excellent transport links from St. Johns (zone 2), New Cross Gate and New Cross Station (zone 2), or Lewisham rail, DLR (Elverson Road or Deptford Bridge) or bus Links (for overland). Greenwich (1 mile) and Blackheath are nearby and easily walkable, and offer a wonderful array of shops, bars, restaurants, and attractions.
There are great local amenities at short walking distance, including the Saturday Brockley Farmers Market, pubs, restaurants, cafes, parks, cinemas, Universities (including Goldsmiths), and the popular Ashmead primary school. In addition, 3 other schools are located within 0.5 miles. Ashmead primary school (and its nursery provision) is a very well-regarded primary school that is located a minute away from the property, so one would say that all bases are covered with this property.
Royal Borough of Greenwich - Tax Band D
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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