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£550,000
Bedrooms
Bathrooms
This fantastic two-bedroom purpose-built apartment offers a perfect blend of comfort and convenience, ideal for modern living. The spacious lounge is one of the standout features, providing ample room for relaxation and entertaining. Large windows allow natural light to flood the room, and it opens directly onto a private balcony, perfect for enjoying a morning coffee or unwinding after a long day.
Both bedrooms are generously sized and offer plenty of space for double beds and additional furniture, making them perfect for those looking for extra room. The family bathroom, located just outside the bedrooms, is well-appointed and offers modern fixtures and fittings.
Woolwich, a dynamic and evolving area, has seen a significant amount of regeneration over recent years, making it one of the most exciting locations for investment and lifestyle. The property benefits from excellent transport links, with Woolwich Arsenal station just a short walk away, providing fast and easy access to central London via the DLR and Southeastern trains. The proximity to the Thames Clippers service also offers a scenic and efficient way to travel along the river.
With its rich history, Woolwich has long been a hub for both work and leisure, offering a range of shops, restaurants, and local attractions. Whether youre taking in the views from the river, exploring the historic sites, or enjoying the nearby parks, theres always something to see and do.
Dont miss out on this excellent opportunity contact us today to arrange a viewing!
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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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