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£800,000 Guide Price
Bedrooms
Bathrooms
Guide Price 800,000-850,000
''Chain Free''
A spacious and well presented, three double bedroom, Victorian family home, located in the Halstow school catchment area. This fabulous family house has high ceilings and retains some original Period features. Located close to great transport links and being sold Chain Free.
The property which is being sold chain free comprises a double aspect lounge with high ceilings, original ceiling rose and fireplaces, double glazed bay window to the front, and double glazed access to the rear. There is a spacious kitchen/diner and additinal access to a good size family friendly garden with lawn and patio, great for entertaining and al Fresco dining. To the first floor is the spacious master bedroom with a built-in wardrobe and double glazed windows, two further double bedrooms and a family bathroom. There is also potential to extend to the side and into the loft (STPP).
The property lies within the Halstow school catchment area and just minutes from East Greenwich Pleasaunce park, one of Greenwichs Green Flag Award-winning sites with a Caf and childrens playground. Locally you are only a short walk to Westcombe Park mainline station (London Bridge, Cannon Street and Thameslink). There is also easy access to the Jubilee Line at North Greenwich. Local shopping facilities at Charlton retail park are just a short walk with a variety of shops including Sainsburys superstore, M&S and Ikea. Greenwich Centre facilities which include a gym, GP, library and swimming pool and other amenities on the Greenwich Peninsula are nearby.
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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