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£2,050,000 Guide Price
Bedrooms
Bathrooms
This is a very attractive and substantial 1930s detached family house located on an impressive corner plot on the corner of Manor Way and Foxes Dale and overlooking playing fields.
This well maintained and much loved home enjoys a spacious living room to the front and attractive family room to the rear, a large study or fifth bedroom (converted from the original garage), a spacious kitchen/diner and separate utility room and huge conservatory to the rear. There is a useful cloakroom/WC on the ground floor too.
On the first floor are four good bedrooms and two bathrooms, one of which is an ensuite to the master bedroom which itself affords lovely views over the fields in front of the house.
There is a large loft space allowing for conversion and further extension could be added to the rear.
There is a beautiful and generously sized, well stocked garden to the rear and ample off street parking to the front for 3 to 4 cars.
The property is offered to the market chain free and has one of the best locations on Manor Way being a short walk from Blackheath Village up Foxes Dale and then Blackheath Park and with great views. Chain Free.
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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