Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£550,000
Bedrooms
Bathrooms
This spacious 8th-floor apartment, located within a modern block in Woolwich, offers a fantastic opportunity for those seeking a stylish and comfortable home with stunning views. The property is in excellent condition throughout, providing a move-in ready space that is both contemporary and functional. Both bedrooms are large doubles, offering plenty of room for relaxation and storage. The expansive lounge is bright and airy, making it an ideal space for both day-to-day living and entertaining guests. The open-plan kitchen is well-equipped and flows seamlessly into the living area, creating a sociable and modern environment. The family bathroom completes the accommodation, offering a contemporary and practical space.
One of the standout features of this property is the private balcony, accessed directly from the lounge, providing a perfect space to relax and enjoy the views of the surrounding area.
The apartment also benefits from lift access, ensuring easy and convenient living, and is set within lovely communal grounds, offering a peaceful outdoor space for residents to enjoy.
Woolwich is an area rich in history, once home to the Royal Arsenal and now a vibrant, up-and-coming part of London with excellent local amenities. The property is well-served by transport links, with Woolwich Arsenal station offering both National Rail and DLR services, making it easy to access Canary Wharf, the City, and beyond. The nearby Woolwich Elizabeth Line station also ensures direct connections to Central London, further enhancing the convenience of the location for commuters.
With its great condition, spacious layout, private balcony, and superb transport links, this apartment presents a fantastic opportunity for those looking to enjoy modern living in a well-connected and historic area. Contact us today to arrange a viewing and see everything this wonderful property has to offer!
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
