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£950,000 Guide Price
Bedrooms
Bathrooms
Guide Price 950,000 to 1,000,000.
Acorn are pleased to bring to the market this well presented 3 bedroom Victorian house situated in a quiet residential location on Dunstans Road. The house has been lovingly looked after but would benefit from updating throughout.
Currently measuring nearly 1100 sq. ft the house offers great potential to extend STPP. The ground floor comprises of the reception room to the front with period features including fireplace and large bay window, an open plan dining room and kitchen with Velux windows to the back and double doors leading into the mature garden. Occupying the first floor is the main bedroom to the front of the property with fitted wardrobes, a second double bedroom in the middle and a smaller bedroom to the rear with family bathroom.
At the end of the road you will find Peckham Rye Park and Commons 113 acres. There are loads of other gorgeous green spaces to call your local ones - Horniman Gardens, Goose Green and Dulwich Park just three examples. The added advantage of being close to several reputable schools further enhances the appeal of this property.
In addition to the handy run of shops on Forest Hill Road and Barry Road, enjoy those on Lordship and Rye Lane, as well as those of Honor Oak and Nunhead. North Cross Roads Saturday market is also close by.
Dunstans Road is a couple of minutes walk from Peckham Rye Park and The Herne Tavern (great pub garden) and is centrally located for shops, bars and transport links. The bus from the bottom of the road gets you directly into a plethora of destinations including Peckham Rye Station, The City and West End. Honor Oak Park rail station is also a convenient 15 minutes walk away and provides access to the Overground Line with great connections for the City and Canary Wharf.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £4,108.44
Total Interest: £529,036.68
Overall Total: £1,479,036.68
Amortization For Monthly Payment: £4,108.44 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £30,120.30 | £19,180.92 | £930,819.08 |
| 2026 | £29,497.43 | £19,803.79 | £911,015.29 |
| 2027 | £28,854.33 | £20,446.89 | £890,568.40 |
| 2028 | £28,190.35 | £21,110.87 | £869,457.52 |
| 2029 | £27,504.80 | £21,796.42 | £847,661.11 |
| 2030 | £26,796.100 | £22,504.22 | £825,156.88 |
| 2031 | £26,066.21 | £23,235.02 | £801,921.87 |
| 2032 | £25,311.68 | £23,989.54 | £777,932.33 |
| 2033 | £24,532.66 | £24,768.56 | £753,163.76 |
| 2034 | £23,728.34 | £25,572.89 | £727,590.87 |
| 2035 | £22,897.89 | £26,403.33 | £701,187.55 |
| 2036 | £22,040.48 | £27,260.74 | £673,926.81 |
| 2037 | £21,155.23 | £28,145.99 | £645,780.82 |
| 2038 | £20,241.23 | £29,059.99 | £616,720.83 |
| 2039 | £19,297.55 | £30,003.67 | £586,717.15 |
| 2040 | £18,323.23 | £30,977.100 | £555,739.16 |
| 2041 | £17,317.26 | £31,983.96 | £523,755.20 |
| 2042 | £16,278.63 | £33,022.59 | £490,732.60 |
| 2043 | £15,206.27 | £34,094.95 | £456,637.65 |
| 2044 | £14,099.09 | £35,202.14 | £421,435.51 |
| 2045 | £12,955.95 | £36,345.27 | £385,090.24 |
| 2046 | £11,775.69 | £37,525.53 | £347,564.71 |
| 2047 | £10,557.10 | £38,744.12 | £308,820.59 |
| 2048 | £9,298.94 | £40,002.28 | £268,818.31 |
| 2049 | £7,999.93 | £41,301.29 | £227,517.01 |
| 2050 | £6,658.73 | £42,642.49 | £184,874.52 |
| 2051 | £5,273.98 | £44,027.25 | £140,847.28 |
| 2052 | £3,844.26 | £45,456.97 | £95,390.31 |
| 2053 | £2,368.11 | £46,933.11 | £48,457.20 |
| 2054 | £844.03 | £48,457.20 | £0.00 |
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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Sat May 24 2025
All confirmed! We look forward to speaking with you.
Sat May 24 2025
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