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£1,100,000
Bedrooms
Bathrooms
Placed on arguably the most sought after road in SE5, The Acorn Group are delighted to welcome this exceptional three bedroom house to the sales market. Heralded as one of the prettiest spots in South London, Grove Park truly is a wonderful place to call home.
Nestled in the middle of a one-off row of modern style townhouses, the property boasts three double bedrooms, two full bathrooms, a separate WC which has space for a shower unit, a utility room, a large work from home studio (former garage) which has bespoke storage, underfloor heating and a wood-burning stove, a sleek modern kitchen with wooden butcher block worktops and a huge reception room with separation for a lounge space and dining area. To the rear of the house is a beautiful mature garden with an incredible outlook over the Linwood Close woodlands.
The house is incredibly versatile due to the amount of floorspace and rooms on offer - the reception room could be separated to create an additional living space and one of the bedrooms can be reinstated to its original configuration to create another bedroom (making it a four bed). Lastly, some of the additional benefits are off-street parking, upgraded electrics and a new electric heating system.
Grove Park is sandwiched between some of the hottest spots in South London (East Dulwich, Peckham Rye and Denmark Hill). There is plenty of transport available as three stations are within 0.5 miles plus there is lots of greenspace on offer via Lettsom Gardens (community membership required).
Tenure | Freehold
Council Tax Band | F
Energy Efficiency Rating | E
Map location is not available for this property.
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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