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£765,000
Bedrooms
Bathrooms
Offered to the market with no forward chain is this FOUR/FIVE bedroom mid terrace family home. This well maintained family home has been in the same ownership since 1958. Internally the property requires modernisation throughout and is arranged to provide: reception room, lounge, dining room and kitchen to the ground floor. To the first floor are FOUR sizeable bedrooms and shower room whilst to the second floor is a bright and spacious loft room. Externally to the rear of the property is a well maintained, well stocked mature south facing garden and off street parking for two vehicles to the front. Well located for access to Eltham mainline train station offering a frequent service to numerous London Termini. Westmount parade is within striking distance with numerous cafes and family run businesses. Council tax Greenwich band E, Freehold, EPC rating F.
Entrance Hall - Part glazed with frosted window entrance door, centre light point with ornate ceiling rose, coving to ceiling, carpeted stairs to fir floor level with covered storage space under, carpet as laid.
Reception Room - 5.08 x 4.39 (167' x 144') - Double glazed bay window to front, centre light point with ornate ceiling rose, coving to ceiling, feature fire place with stone mantle piece over, electric storage heater, carpet as laid.
Lounge - 4.18 x 3.33 (138' x 1011') - Double glazed patio doors to rear leading to garden, coving to ceiling, centre light point, gas fire with tile mantle over and tiled hearth, electric storage heater, Double doors adjoining both the reception room and dining room, carpet as laid.
Dining Room - 3.55 x 3.08 (117' x 101') - Coving to ceiling, centre light point, double glazed window to rear, electric storage heater, built in storage cupboard housing emersion tank, floor standing boiler within fire place, carpet as laid.
Kitchen - 2.90 x 2.12 (96' x 611') - Fitted with a range of wall and base units with worktop over, double drainer stainless steel sink and drainers with mixer tap, Space for washing matching, fridge freezer and four ring gas cooker. Two double glazed windows to side, double glazed window to rear, double glazed door to side leading to garden. Centre light point, vinyl flooring.
First Floor Landing - Doors to all rooms, electric storage heater, carpeted stairs to second floor level, carpet as laid.
Bedroom One - 4.37 x 3.96 (144' x 1211') - Double glazed bay window to front, built in L shaped wardrobe, built in up and over the bed wardrobes, electric storage heater, carpet as laid.
Bedroom Two - 4.16 x 2.99 (137' x 99') - Double glazed window to rear, centre light point, built in wardrobe, vanity wash hand basin, carpet as laid.
Bedroom Three - 2.92 x .2.67 (96' x .89') - Double glazed window to front, centre light point, built in storage cupboard, electric storage heater, carpet as laid.
Bedroom Four - 3.14 x 2.39 (103' x 710') - Double glazed window to rear, centre light point, built in storage cupboard, vanity wash hand basin with tiled splash back, floor carpet tiles.
Shower Room - 2.61 x 1.36 (86' x 45') - Fitted three piece suite comprising: Double walk in shower cubical with glass screen and electric shower, vanity wash hand basin with mixer tap and low level flush W.C. Frosted double glazed window to rear, centre light point, shower paneled walls, electric heated towel rail, laminate flooring.
Loft Room - 4.33 x 3.84 (142' x 127') - Velux window to front, two Velux windows to rear, eaves storage cupboards, electric storage heater, carpet as laid.
Front Garden - Off street parking for two vehicles, gates leading to front door.
Rear Garden - South facing garden. Patio area leading from property, laid to lawn, circular patio area to rear of garden. Well stocked with mature trees and shrubs, greenhouse, shed.
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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