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£1,725,000
Bedrooms
Bathrooms
Unique to the development this is an elegant, very well presented and supremely spacious c. 2,000 sq. ft. four bedroom, three reception, two bathroom split level, ground and hall floor period conversion apartment in this iconic Georgian crescent fronting the open heath and Greenwich Park beyond.
Originally two separate apartments these have been cleverly combined to create impressive and versatile living space over two floors including the favoured garden floor which enjoys direct access from the kitchen to a paved south facing patio area leading on to the Paragons stunning, extensive, parkland-style grounds beyond.
On the garden floor the apartment includes attractive parquet flooring throughout including the beautiful bay fronted main reception room, and also the dining room, a shower room and a separate WC. Additional accommodation includes a bright and airy fitted kitchen and three generous bedrooms.
On the floor above there is an elegant family reception room with super views over the gardens, a bright and spacious double bedroom with full height sash windows towards the front as well, entrance hall and front door to the communal hallway, a useful and beautifully fitted utility room and a family bathroom.
There is private on street residents parking to the front and a large well-kept communal front lawn.
Close by is Blackheath Village with its impressive array of quality restaurants, bars, boutiques, bakeries and excellent schools close by and its mainline station to the City with one stop to the DLR.
The property is offered to the market with a share of freehold and a long lease.
Share of Freehold - 981 Years
Service Charge - 2,576
Ground Rent - 0
Royal Borough of Greenwich Tax Band F
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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