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£1,395,000 Guide Price
Bedrooms
Bathrooms
This is a lovely example of an extended, three storey Victorian four-bedroom mid- terraced Victorian family house in this sought after residential road a short walk from the heart of Blackheath Village.
The ground floor consists of a double aspect reception room leading to an impressive extended and fitted kitchen and further reception area. This family friendly space is larger than most of the properties in this location, while still giving way to a decent garden.
There are lovely wooden floors throughout the ground floor which has many period features intact including a beautiful fireplace in the reception room and the original staircase.
The Cellar has been modified with easy access, power, light and heat. There is also an additional WC on the Ground floor.
The first floor and second floor offer four well-sized double bedrooms, a family bathroom and ensuite to the master bedroom.
Nearby Blackheath Village offers a wealth of superb restaurants, bars, boutiques, delis and bakeries and a mainline station and the heath beyond. Lewisham station and DLR is also within easy reach.
There are many good local schools in the immediate area, including outstanding rated John Ball and St Margarets and plus Blackheath Prep, Pointers, Blackheath High and Colfes among others.
Houses in this location always prove exceptionally popular, a viewing at your earliest convenience will be highly advisable.
London Borough of Lewisham - Council Tax Band - G
Energy Efficiency Rating - E
Map location is not available for this property.
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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