8 bedroom flat share for sale

£900,000 Offers over

8

Bedrooms

3

Bathrooms

Welcome to your future home at Inchmery Road, London, SE6 2. This stunning 8-bedroom, 3-bathroom house is a rare gem in the heart of London and is now available for sale at 900,000. Perfect for a growing family or as an investment opportunity, this spacious house boasts a range of amenities and features designed to provide comfort and convenience.

Located within close proximity to public transport, including the Bellingham railway station (0.64km), Catford railway station (0.82km), and Catford Bridge railway station (0.82km), commuting has never been easier. The property is also just a stones throw away from the Bellingham bus stop (0.12km), making everyday travel a breeze.

For families, the property is surrounded by some of the most popular primary schools, such as Holy Cross Roman Catholic Primary School (0.44km), Rushey Green Primary School (0.45km), and Athelney Primary School (0.69km). Additionally, the closest supermarkets, including T F C Catford (0.26km), Premier (0.59km), and Lidl Gb (0.62km), are conveniently located for all your shopping needs.

Furthermore, residents can enjoy a variety of dining experiences with Very Nice restaurant just a short stroll away (0.16km). For healthcare needs, Bromley Road Hospital (0.13km) and Muirkirk Surgery (0.62km) are in close proximity, providing peace of mind for residents.

Not just a house, but a lifestyle, this property is also near fitness clubs and sports centers, such as St Dunstans Jubilee Ground (0.7km) and St Dunstans College Sports Centre (0.93km), offering opportunities for a healthy and active lifestyle.

In addition to its prime location, the house is surrounded by various entertainment options, including Nuvo Lounge (0.69km) and Bottle Bar And Shop (0.75km) for a vibrant nightlife experience. For leisure activities, residents can visit the nearby Catford Island Retail Park (0.66km) and Lewisham Shopping Centre (2.56km) for a day of shopping and relaxation.

With its spacious layout, convenient location, and access to an array of amenities, this property offers an exceptional opportunity to embrace a prosperous and vibrant lifestyle in London. Dont miss out on this incredible chance to make this house your new home or investment.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 745200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 22500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 70200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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