Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£840,000
Bedrooms
Bathrooms
Acorn are pleased to present to the market a superb opportunity to buy a brilliant family home which is ready to enjoy a new chapter.
The house currently enjoys a front reception, dining room and separate kitchen, three generous bedrooms, large loft, bathroom, front and extensive rear gardens. The property offers new owners the chance to upgrade the house; convert the loft to gain further rooms and extend to the rear making a huge ground floor living space without compromising the large garden.
Mundania Road is enviably located with an array of local amenities, pubs, bars and eateries nearby, both on the nearby Forest Hill Road and the lively Lordship Lane. Several popular local schools are minutes away, and for links into town, Honor Oak and Peckham Rye stations are the nearest and allow easy access into Canary Wharf, Central & East London. The green leafy Peckham Rye Park is also just at the end of the street.
Chain free - call now to arrange your viewing.
''This property is being sold on behalf of a corporate client. It must remain on the market until contracts are exchanged. As part of a deceaseds estate it may not be possible to provide answers to the standard property questionnaire. Please refer to the agent before viewing if you feel this may affect your buying decision.''
''Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.''
Energy Efficiency Rating D
Council Tax Band E
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
