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£625,000 Guide Price
Bedrooms
Bathrooms
''' GUIDE PRICE 625,0000 - 650,000'''Rarely available two bedroom period semi detached house, originally one of two Fireman Cottages, conservatory, courtyard garden, loft room, quiet street easy walking distance of Blackheath, NO CHAIN.
LOCATION
Bordered by popular Blackheath to the north and Bromley to the south, and with plenty of green spaces, Lee, Hither Green and Grove Park all offer a more affordable option for young families.
Trains from Lee reach London Bridge in 13 minutes, and in a mere 10 minutes from Hither Green, with easy access to towns such as Sidcup, Gravesend and Dartford in the opposite direction. Nearby Lewisham also offers access to the DLR, indoor shopping centre and a daily street market, a surprising amount of green space and restaurants serving world cuisine.
ADDITIONAL INFORMATION
Postcode: SE3 9DU
Local Authority: Royal Borough of Greenwich
Council Tax: Band D
EPC Rating: F
UTILITIES
Mains electricity
Mains water
Mains gas
Drainage to public sewer
FLOOD RISK
For information please visit: check-long-term-flood-risk.service.gov.uk/postcode
BROADBAND & MOBILE COVERAGE
For broadband and mobile phone cover-age at the property please visit:
Broadband: check-er.ofcom.org.uk/en-gb/broadband-coverage
Mobile: check-er.ofcom.org.uk/en-gb/mobile-coverage
No PARKING arrangements, On Street Resident permit holders only (BL) Mon-Sat 9am - 5pm
NEAREST TRAIN STATIONS
Lee Rail Station 0.77 km
Hither Green Rail Station 1.03 km
Blackheath Rail Station 1.06 km
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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