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£600,000 Offers in excess of
Bedrooms
Bathrooms
Situated on the sought-after Mounts Road in Greenhithe, this charming 2-bedroom detached bungalow with a self-contained one-bedroom annexe offers a rare opportunity for versatile living. Built in 1956 and owned by just two families since, the property blends character with potential, featuring a spacious living room, kitchen, conservatory, and a large loft space ripe for conversion (STPP). The impressive southwest-facing garden is a true highlight, spread over three levels with a decked entertaining area and a pool on the lower tier perfect for summer relaxation. The separate annexe, complete with its own kitchen, living room, and bathroom, is ideal for multigenerational living or rental potential. Greenhithe boasts excellent local amenities including the nearby Bluewater Shopping Centre, reputable schools, and scenic walks along the River Thames. Excellent transport links include Greenhithe Station with direct services to London, and easy access to the A2 and M25. This is a unique home with space, flexibility, and scope to make it your own.
Exterior
Rear Garden: South-West facing. Tiered on three levels: 1 - Decked (40ft x 16ft) 2 - Lawn (45ft x16ft) 3 - Pool Area. Shed.
Separate courtyard garden for Annexe.
Garage (208 x 87)
Driveway with off-street parking for 8+ vehicles
Key Terms
Freehold
Dartford Borough Council - Tax Band E (2,787 per annum)
The property measures 145 sq. metres/1566 sq. feet
Built in 1956, the current owners have lived at the property for 22 years.
Driveway for multiple vehicles & garage
South-West facing garden with separate courtyard garden for Annexe
Mains electricity, water and drainage
Insulated loft with ladder and light (not boarded)
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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