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£800,000
Bedrooms
Bathrooms
Situated in the heart of Woolwich, this grand five-bedroom terraced house offers a fantastic opportunity for those looking to invest in a property with immense potential. The home spans three expansive floors and boasts a wealth of Grade III listed period features that retain the charm and character of a bygone era. The property also offers conversion and extension possibilities, subject to planning permission, making it an ideal project for those wishing to create a bespoke family home or take advantage of the space to suit modern living.
The lower ground floor has its own separate access and comprises two spacious bedrooms, a well-appointed bathroom, and a large kitchen/dining area. From the kitchen, there is direct access to a generous private rear garden, offering an excellent outdoor space. The raised ground floor, where you enter the main house, features two reception rooms that could be easily adapted to suit various needs, along with another kitchen/dining area, perfect for entertaining or family gatherings. The first floor provides three further bedrooms and another bathroom, ensuring ample living space for a large family.
A large loft space, currently used for storage, is fully boarded and equipped with electrics, adding valuable additional storage or future development potential. The property also benefits from private parking at the rear, offering convenience in this sought-after area.
Woolwich is an area undergoing significant regeneration and offers an excellent range of amenities, including shops, restaurants, and local parks. The property is well-served by public transport, with Woolwich Arsenal Station offering rail and DLR services including the Elizabeth Line, providing quick and easy access to Central London and beyond. There are also a number of well-regarded schools nearby, making this an ideal location for families.
This exceptional property offers a rare opportunity to create a home tailored to your needs, set in a vibrant and well-connected area.
Dont miss the chance to make this house your own contact us today to arrange a viewing.
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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