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£894,999
Bedrooms
Bathrooms
Nestled within the quaint tree-lined surrounding that is Newcombe Gardens, The Acorn Group are delighted to welcome this terraced 1930€™s family home to the sales market. Offered with a freehold tenure, this incredible property has been fully upgraded with no expense spared providing nothing but excellence both inside and out.
The accommodation is excessive in its size, offering over 1396sqft of internal floor space that is set across three floors. The ground floor comprises stunning lounge with grey laminated flooring and carpeted throughout. To the rear of this family home, is the kitchen/diner, made up of trendy beige high gloss, complimented with high quality worktops and built-in appliances. This also leads you directly onto the low maintenance garden with also has the potential for an extension (STPP). The first floor consists of three bedrooms, two of which are large doubles and the third being a good size single bedroom. You will also find your family bathroom which is a great condition but also massively benefiting from a four-piece suite. On the top floor, you will find the remaining two bedrooms which again are both good sized double bedrooms but have stunning views looking up toward Crystal Palace. Staying on the same floor, you will also find another bathroom and plenty of storage in the eaves. This family home further benefits from super bright and airy family home, gas central heating and in a lovely condition ready to move straight into.
The location is ace - placed close-by to both Streatham Common and Tooting Common, you are set for are set for greenspace and your weekend walks are sorted. Streatham High Road is just at the end of the road and offers a huge variety of shops, bars and eateries. For transport, your closest is Streatham Hill (0.6 miles) plus you have Streatham just beyond at 0.7 miles.
London Borough Of Lambeth Band E
Energy Efficiency 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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