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£1,150,000
Bedrooms
Bathrooms
Dating back to the 1870s, this home has been lovingly cared for by the same family for the past 20 years, and its now ready to welcome its next chapter. Spanning an impressive 2671 sq.ft across four expansive floors, this home is a true gem in the vibrant community of Woolwich. With five bedrooms, two reception and lots of space to entertain, this beautiful home marries historical charm with modern living.
As you step inside, you are greeted by an entrance hall that exudes elegance, featuring rich period details, soaring 3-meter high ceilings, intricate cornicing, and stunning stained glass windows. The sweeping staircase invites you to explore further, while the grand reception room, with its magnificent bay window, floods the space with natural light. This room is so spacious it could easily be mistaken for a ballroom straight out of Downton Abbey, making it perfect for entertaining or simply enjoying family gatherings.
The lower ground floor is a delightful surprise, boasting a large kitchen breakfast room that opens out to a majestic 85ft gardena rare find in London! This mature outdoor space is perfect for summer barbecues, gardening, or simply unwinding in a tranquil setting. Additional features on this level include a separate pantry, utility/shower room, and a cosy living room, providing ample space for family life.
Throughout the home, youll discover original fireplaces, charming cupboards, and other period features that add to its character and warmth. With off-street parking for multiple vehicles, convenience is at your fingertips.
Located just a 10-minute walk from Woolwich town centre, Burrage Road offers excellent transport options, including Southeastern, Thameslink, DLR, and the Elizabeth Line, ensuring seamless connectivity to Canary Wharf, central, west London, and Kent. For a unique experience, hop on the Thames Clipper River boat services. Families will appreciate the proximity to a variety of good local primary schools, while the vibrant Plumstead Common, with its delightful cafes, shops, and pubs, is just around the corner.
For those who enjoy outdoor activities, Shooters Hill Golf Course is a mere 7-minute drive away, and youll find Woolwich Common, Plumstead Common, Oxleas Woods, Blackheath Common, and Greenwich Park all within easy reach. The riverside walkway, along with local cafes, bars, restaurants, and a monthly farmers market, adds to the thriving community feel of the Royal Arsenal, with the popular Dial Arch pub and Gails Bakery just a stones throw away.
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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