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£1,100,000
Bedrooms
Bathrooms
Acorn are pleased to market this spacious four bedroom, four bathroom mid terrace house in a modern development in the heart of East Dulwich. Offering over 1650 sq. ft of living space this stylish modern house is a stones throw from East Dulwich station and just a short walk from Lordship Lane.
Spread over four floors, this property is bright and spacious throughout. On the ground floor is an integral garage and the first bedroom with en-suite shower room and a good size West Facing garden. The first floor offers a large reception room with open plan kitchen.
On the second floor are two further double bedrooms with two contemporary bathrooms (one en-suite) and a recently completed high quality master suite can be found spanning the entire top floor, offering generous storage, plenty of light and a fabulous shower room.
This highly desirable and secluded modern development is positioned moments from Lordship Lane and its fabulous array of boutiques, shops, restaurants and other amenities like North Cross Road which hosts a weekly farmers market and art fair.
East Dulwich station is nearby (0.1 miles) and offers regular services to London Bridge. Both Denmark Hill and Peckham Rye stations are within easy walking distance with services to London Blackfriars and the London Overground.
There are a number of highly regarded primary schools nearby and the sought-after Charter School East Dulwich is also close at hand, as are world-renown independent schools such as Alleyns School, James Allen Girls School and Dulwich College.
Freehold
Council Tax Band: F
Energy Efficiency Rating: C
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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