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£895,000
Bedrooms
Bathrooms
A newly refurbished 3-bedroom home on Albyn Road, chain free. This home has been left as a blank canvas ready for a new buyer to come in and add the finishing touches.
Its all about location and the St Johns conservation area doesnt disappoint. Albyn Road is just a hop, skip and a jump away from Ashmead Primary School and is a pleasant 15-minute stroll to Hilly Fields. This home is on a unique position on Albyn Road, with uninterrupted direct views down to Brookmill Park, which adds a touch of tranquillity to your daily life.
St Johns is neatly positioned to enjoy the diverse joys of Brockley, Deptford and is within touching distance of beautiful and historic Greenwich with its vast green spaces and electric mix of bars and restaurants. Deptford is home to Deptford Market Yard, a vibrant collection of independent shops, restaurants and cafs
St Johns station is just a few minutes walk away and you can easily connect direct to London Bridge in 8 minutes, making it possible to travel in any direction across London and beyond. Deptford Bridge DLR station connects to Canary Wharf in 15 minutes.
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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