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£950,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 950,000 - 1,000,000
Nestled just in between Camberwell and Peckham Rye, The Acorn Group are delighted to offer this exceptional four bedroom period home to the sales market. This property is presented well throughout.
Inside the property boasts; three large bedrooms, one occupying a huge converted loft with an en-suite and a smaller fourth bedroom, a light-filled lounge with bay window, a kitchen diner with doors out to a lovely south west facing rear garden, and a three piece tiled bathroom. The house has a great layout giving it a real feel of separation and space, the hallway is vast and very welcoming which furthers this spacious aspect.
Properties in this location simply do not last due to the variety of transport, green space and amenities in close proximity. Peckham Rye, Denmark Hill and East Dulwich stations are all within 0.6 miles and Bellenden Village is also just a short stroll away. Slightly further afield is Lordship Lane, Goose Green and Camberwell Green - all of which are much loved community hubs.
Freehold
EPC Rating C
Council Tax Rating D
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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