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£450,000
Bedrooms
Bathrooms
A very spacious garden floor apartment in this landmark building directly fronting Blackheath and with commanding views. Situated on the edge of the Village, the apartment briefly comprises: Living room, bedroom, kitchen/dining room, bathroom. Direct access to a personal courtyard garden and to the large communal garden.
Steps down to the communal front door into the communal hall way and personal solid wood front door.
Hallway
Running the length of the apartment with access to all rooms
Lounge
Set to the front with twin sash windows affording commanding views of the heath and the church
Kitchen diner
Fitted in a range of wall base and drawer units with contrasting worktops. Plumbing for a washing machine. Integrated oven and hob with concealed extractor above. Wall mounted gas fired combination boiler. Sash window and fully glazed doors out to the personal courtyard garden with steps up tot he main communal garden.
Bedroom
Twin sash windows to the front.
Exterior
From the kitchen there is direct access out to a personal courtyard garden with steps up to the well kept communal garden to the rear mainly laid to lawn with access onto Paragon Place. To the front a lawned garden set above the pavement and road level
Tenure
Share of freehold and 999year lease.
Service charge: tbc
The mention of any appliances and/or services within these sales particulars does not imply they are in full an efficient working order. reference to the tenure and boundaries of the property are based upon information provided by the vendor. Whilst we endeavour to make out sales particulars as accurate as possible, if there is any point which is of particular importance to you please contact us and we will be pleased to check the information. Do so particularly if contemplating travelling some distance to view the property.
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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