5 bedroom semi-detached for sale

£950,000

5

Bedrooms

1

Bathrooms

Floorplan

Located on this sought after road within striking distance to Eltham Park is this spacious five bedroom semi detached family home. As the floor plan suggests the property is arranged to provide a spacious entrance hall which allows access to a reception room, dining room and kitchen with a utility room off of the kitchen. To the first floor there a FIVE bedrooms and a family bathroom. This property offers great scope to extend STPP. Ideally located for easy access back to Eltham mainline train station which boasts a fast and frequent service to multiple London Termini including London Bridge, Waterloo East, Charing Cross and London Victoria. Eltham boasts numerous primary schools including St Marys, Eltham Church of England, Gordon and Deansfield. Viewings by appointment only. EPC rating D. Freehold. Council tax Greenwich band F.

Entrance Hall - UPVC entrance door with frosted half moon insert, frosted double glazed windows around door, frosted window to side, centre light point with ornate ceiling rose, radiator, dado rail, stairs to first floor level with carpet runner, under stairs storage cupboard, walk in storage cupboard allowing access to ground floor W.C. herringbone flooring.

Reception Room - Bay window to front with double glazed windows, coving to ceiling, picture rail, centre light point with ornate ceiling rose, feature fire place with wooden mantle over, radiator, carpet as laid.

Dining Room - Sliding patio doors to rear leading to garden, centre light point with ornate ceiling rose, picture rail, feature fire place with marble mantle piece over, radiator, herringbone flooring.

Kitchen - Fitted with a range of wall and base units with worksurface over, sink and drainer with mixer tap. Built in electric oven and four ring gas hob. Multi point centre light point, double glazed window to rear, radiator.

Utility Room - Double glazed door to side with frosted glass leading to garden, double glazed window to rear. Space for under counter washing machine and dishwasher. Space for American style double door fridge freezer. Door to pantry, wood paneling to walls, radiator.

Ground Floor Cloakroom - Frosted double glazed window to side, low level flush W.C. wall hung wash hand basin, partly tiled walls.

Butterfly Landing - Sky light, doors to all rooms, carpet as laid.

Bedroom One - Double glazed bay window, centre light point, radiator, carpet as laid.

Bedroom Two - Double glazed window to rear, centre light point, picture rail, built in storage cupboard, radiator, carpet as laid.

Bedroom Three - Double glazed window to rear, centre light point, picture rail, built in floor to ceiling wardrobes along one wall, radiator, carpet as laid.

Bedroom Four - Double glazed window to front, centre light point, picture rail, radiator, carpet as laid.

Bedroom Five - Double glazed window to rear, centre light point, radiator, carpet as laid.

Bathroom - Three piece suite comprising: paneled bath with shower over and glass shower screen ,vanity wash hand basin with mixer tap and low level flush W.C. Two frosted windows to side, partly tiled walls, centre light point, radiator, vinyl floor tiles.

Front Garden - Mature shrubs, off street parking currently for one vehicle, side access to rear garden.

Rear Garden - Patio area, side access from front, steps downs to main garden which is mainly laid to lawn with mature trees and shrubs, shed.

Map location is not available for this property.

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

£ 775200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 23750
  • 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

£ 62700
  • 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

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£
  %

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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