3 bedroom semi-detached for sale

£550,000

3

Bedrooms

2

Bathrooms

Floorplan

Situated in a peaceful cul-de-sac in West Thamesmead, overlooking the open green space of Gallions Park and the lake, this three-bedroom end of terrace freehold townhouse offers a rare combination of space, modern features, and an attractive setting. The property is well presented throughout, with contemporary touches and plenty of potential for buyers to make it their own. On the ground floor you will find a bedroom, utility room, downstairs toilet, and a conservatory that opens directly onto the private garden, creating a versatile space for both family living and entertaining. The middle floor features a bright and spacious open plan kitchen and dining area along with a generous living room, providing the heart of the home. Upstairs, the top floor is home to the master bedroom with its own en-suite, a further double bedroom, and a separate shower room. The property also benefits from a private driveway and garage, offering both convenience and practicality.

Thamesmead itself is a vibrant and evolving riverside community with a fascinating history. Originally developed in the 1960s with a bold architectural vision, it has grown into a diverse and welcoming neighbourhood that continues to benefit from significant investment and regeneration. The area is especially popular with families and commuters, thanks to its access to green open spaces, lakes, and riverside walks, as well as strong transport connections. Nearby Woolwich Arsenal provides DLR, mainline rail, and the Elizabeth Line, offering direct links into Canary Wharf, the City, and Central London, while Plumstead station is also within easy reach.

This spacious home, set in a highly desirable location with park views and excellent transport connections, offers a wonderful opportunity to secure a property in one of Thamesmeads most sought-after spots. Contact us today to arrange a viewing.


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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 456450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 13750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

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.

Annual Costs

£ 43950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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