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£425,000
Bedrooms
Bathrooms
'''GUIDE PRICE 425,000-450,000'''
Introducing this charming terraced house boasting three bedrooms, located in a popular area.
The property features a well-maintained garden, perfect for relaxing or entertaining outdoors. Additionally, benefit from the convenience of off-street parking, ensuring ease and security for your vehicles.
The bedrooms are comfortably sized, providing ample space for rest and relaxation. The property is situated in a convenient area, close to local amenities, schools, and transport links, making it an ideal home for families or professionals.
Dont miss out on the opportunity to make this delightful property your own and enjoy the comfort and convenience it has to offer. Contact us today to arrange a viewing.
Key Terms
Mottingham is an ideal location to live in if you have a real appreciation of nature and green spaces. The area is surrounded by woodlands and parks that create a beautiful setting. The area has plenty of good transport links that connect you to other parts of London, you will also find plenty of amenities locally.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £1,837.98
Total Interest: £236,674.30
Overall Total: £661,674.30
Amortization For Monthly Payment: £1,837.98 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £13,474.87 | £8,580.94 | £416,419.06 |
| 2026 | £13,196.22 | £8,859.59 | £407,559.47 |
| 2027 | £12,908.52 | £9,147.29 | £398,412.18 |
| 2028 | £12,611.47 | £9,444.34 | £388,967.84 |
| 2029 | £12,304.78 | £9,751.03 | £379,216.81 |
| 2030 | £11,988.13 | £10,067.68 | £369,149.13 |
| 2031 | £11,661.20 | £10,394.61 | £358,754.52 |
| 2032 | £11,323.65 | £10,732.16 | £348,022.36 |
| 2033 | £10,975.14 | £11,080.67 | £336,941.68 |
| 2034 | £10,615.31 | £11,440.50 | £325,501.18 |
| 2035 | £10,243.79 | £11,812.02 | £313,689.16 |
| 2036 | £9,860.22 | £12,195.59 | £301,493.57 |
| 2037 | £9,464.18 | £12,591.63 | £288,901.94 |
| 2038 | £9,055.29 | £13,000.52 | £275,901.42 |
| 2039 | £8,633.12 | £13,422.69 | £262,478.73 |
| 2040 | £8,197.23 | £13,858.58 | £248,620.15 |
| 2041 | £7,747.20 | £14,308.61 | £234,311.54 |
| 2042 | £7,282.54 | £14,773.27 | £219,538.27 |
| 2043 | £6,802.80 | £15,253.01 | £204,285.27 |
| 2044 | £6,307.49 | £15,748.32 | £188,536.94 |
| 2045 | £5,796.08 | £16,259.73 | £172,277.21 |
| 2046 | £5,268.07 | £16,787.74 | £155,489.47 |
| 2047 | £4,722.91 | £17,332.90 | £138,156.58 |
| 2048 | £4,160.05 | £17,895.76 | £120,260.82 |
| 2049 | £3,578.92 | £18,476.89 | £101,783.93 |
| 2050 | £2,978.91 | £19,076.90 | £82,707.02 |
| 2051 | £2,359.41 | £19,696.40 | £63,010.62 |
| 2052 | £1,719.80 | £20,336.01 | £42,674.61 |
| 2053 | £1,059.42 | £20,996.39 | £21,678.22 |
| 2054 | £377.59 | £21,678.22 | £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.
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Mon Jun 30 2025
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Mon Jun 30 2025
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