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£650,000
Bedrooms
Bathrooms
Three bedroom Victorian bay fronted house within walking distance of Lewisham DLR and Hillyfields, quiet residential street and no onward chain.
LOCATION
While Lewisham offers excellent transport links - including mainline trains and the DLR for swift access to central London - its also a vibrant destination in its own right. The town boasts a bustling indoor shopping centre, a lively daily street market, and an impressive variety of restaurants offering global cuisine. Youll also find an abundance of green spaces, perfect for weekend strolls or family outings.
Families are well catered for, with a wide choice of well-regarded state primary and secondary schools, along with respected independent options. Just next door, the charming village of Blackheath adds another layer of appeal with its boutique shops, stylish bars, and fine dining establishments.
ADDITIONAL INFORMATION
Postcode: SE13 7JU
Local Authority: London Borough of Lewisham
Council Tax: Band C (1,897.89 pa)
EPC Rating: C
No parking arrangements, on street Residents permit holders only (T) Mon-Fri 9am - 7pm
UTILITIES
Mains electricity
Mains water
Mains gas
Drainage to public sewer
NEAREST TRAIN STATIONS
Lewisham Train/DLR Station 0.4 miles
Ladywell Train Station 0.5 miles
St Johns Train Station 0.7 miles
Brockley Train/Overground Station 1.1 miles
FLOOD RISK
For information please visit: check-long-term-flood-risk.service.gov.uk/postcode
BROADBAND & MOBILE COVERAGE
For broadband and mobile phone coverage at the property please visit:
Broadband: checker.ofcom.org.uk/en-gb/broadband-coverage
Mobile: checker.ofcom.org.uk/en-gb/mobile-coverage
Exterior
Garden
Map location is not available for this property.
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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