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123-125 Plumstead Common Road, Plumstead, London
£1,100,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 1,100,000 - 1,200,000''
Built circa 1900, this stunning five bedroom extended detached family house, located on a beautiful plot offers breathtaking views over the city of London. Eaglesfield Park with its popular playground, is located at the end of the road. Shooters Hill Golf Club, Shooters Hill Lawn Tennis Club and Woolwich and Plumstead Bowling Club are just a few minutes walk away.
Accommodation is vast with the top floor loft conversion providing a large principal bedroom, ensuite bathroom, and dressing room/ 5th bedroom. The views from the principal bedroom and bathroom offer you the chance to unwind in luxury whilst gazing over London.
Featuring a lovely 28 living room, 28 Kitchen, utility room, ground floor cloakroom, three first floor bedrooms and family bathroom. The rear garden is landscaped and measures approximately 100 in length with raised patio and side access. To the front is a driveway for two cars.
This beautiful home is within reach of local amenities, excellent schools and public transport links, with London easily reached by road or rail. Blackheath Village and the green expanses of Oxleas Wood and Shrewsbury Park offer the perfect balance of suburban tranquility and city convenience.
Key Terms
Plumstead and Woolwich are part of South East Londons significant reinvention, with dramatic changes to Woolwich Town Centre and surrounds. Already home to excellent mainline rail services and DLR, Woolwichs Elizabeth Line is now open. This connects Woolwich to Canary Wharf (8 mins), Bond Street (21 mins) and Heathrow (47 mins). Together with the redevelopment of the Royal Arsenal along the south bank of the River Thames, Woolwich has fast become a sought after urban centre. Plumstead offers a greener setting, with coffee shops, restaurants, local supermarkets, and the vast commons providing a perfect backdrop to some stunning period properties.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £4,757.14
Total Interest: £612,568.79
Overall Total: £1,712,568.79
Amortization For Monthly Payment: £4,757.14 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £34,876.14 | £22,209.49 | £1,077,790.51 |
| 2026 | £34,154.92 | £22,930.71 | £1,054,859.81 |
| 2027 | £33,410.28 | £23,675.35 | £1,031,184.46 |
| 2028 | £32,641.46 | £24,444.17 | £1,006,740.29 |
| 2029 | £31,847.67 | £25,237.96 | £981,502.33 |
| 2030 | £31,028.10 | £26,057.52 | £955,444.81 |
| 2031 | £30,181.92 | £26,903.70 | £928,541.11 |
| 2032 | £29,308.26 | £27,777.36 | £900,763.75 |
| 2033 | £28,406.24 | £28,679.39 | £872,084.36 |
| 2034 | £27,474.91 | £29,610.71 | £842,473.64 |
| 2035 | £26,513.35 | £30,572.28 | £811,901.37 |
| 2036 | £25,520.56 | £31,565.07 | £780,336.30 |
| 2037 | £24,495.53 | £32,590.09 | £747,746.21 |
| 2038 | £23,437.22 | £33,648.41 | £714,097.80 |
| 2039 | £22,344.53 | £34,741.09 | £679,356.71 |
| 2040 | £21,216.37 | £35,869.26 | £643,487.45 |
| 2041 | £20,051.57 | £37,034.06 | £606,453.39 |
| 2042 | £18,848.94 | £38,236.69 | £568,216.70 |
| 2043 | £17,607.26 | £39,478.37 | £528,738.33 |
| 2044 | £16,325.26 | £40,760.37 | £487,977.96 |
| 2045 | £15,001.62 | £42,084.00 | £445,893.96 |
| 2046 | £13,635.01 | £43,450.62 | £402,443.34 |
| 2047 | £12,224.01 | £44,861.61 | £357,581.73 |
| 2048 | £10,767.20 | £46,318.43 | £311,263.30 |
| 2049 | £9,263.08 | £47,822.55 | £263,440.75 |
| 2050 | £7,710.11 | £49,375.52 | £214,065.23 |
| 2051 | £6,106.71 | £50,978.92 | £163,086.32 |
| 2052 | £4,451.25 | £52,634.38 | £110,451.94 |
| 2053 | £2,742.02 | £54,343.60 | £56,108.33 |
| 2054 | £977.29 | £56,108.33 | £0.00 |
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.
123-125 Plumstead Common Road, Plumstead, London
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Mon May 12 2025
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Mon May 12 2025
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