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£625,000
Bedrooms
Bathrooms
Acorn is delighted to present this beautifully renovated four-bedroom apartment, located on Lawrie Park Road in SE26, offering the perfect blend of period charm and modern living. Set within a Victorian double-fronted conversion, the property boasts a beautifully finished interior that combines classic features with contemporary style.
The open-plan kitchen and dining area create an ideal space for both entertaining and everyday living. This property effectively uses the space on offer and provides ample space for growing families especially with the three double bedrooms. The main bedroom benefits from an en-suite bathroom for added convenience and privacy as well as plenty of built in storage on offer.
Spanning 1361 square feet, this spacious apartment also includes access to a communal garden and off-street parking. Situated in a highly sought-after area, the property is within walking distance to Crystal Palace Park, providing green space and leisure options. Sydenham Station and Penge West Station are also close by, offering excellent transport links to central London.
With the added bonus of planned permission for five skylights, future owners have a unique opportunity to enhance the propertys natural light, making it even more airy and open.
With its move-in-ready condition, this apartment is a fantastic opportunity for anyone looking for a spacious and well-located home.
Lease Length: 990 Years upon completion
Annual Service Charge: 1536
Annual Ground Rent: 10
Council Tax Band: C
Energy Efficiency Rating: C
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £2,702.92
Total Interest: £348,050.45
Overall Total: £973,050.45
Amortization For Monthly Payment: £2,702.92 over 30 years ( Based on 3.20% Interest )
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 2025 | £19,815.99 | £12,619.03 | £612,380.97 |
| 2026 | £19,406.20 | £13,028.81 | £599,352.16 |
| 2027 | £18,983.11 | £13,451.90 | £585,900.26 |
| 2028 | £18,546.28 | £13,888.73 | £572,011.53 |
| 2029 | £18,095.27 | £14,339.75 | £557,671.78 |
| 2030 | £17,629.60 | £14,805.41 | £542,866.37 |
| 2031 | £17,148.82 | £15,286.19 | £527,580.17 |
| 2032 | £16,652.42 | £15,782.59 | £511,797.58 |
| 2033 | £16,139.91 | £16,295.11 | £495,502.47 |
| 2034 | £15,610.75 | £16,824.27 | £478,678.21 |
| 2035 | £15,064.40 | £17,370.61 | £461,307.60 |
| 2036 | £14,500.32 | £17,934.70 | £443,372.90 |
| 2037 | £13,917.92 | £18,517.10 | £424,855.80 |
| 2038 | £13,316.60 | £19,118.41 | £405,737.39 |
| 2039 | £12,695.76 | £19,739.26 | £385,998.13 |
| 2040 | £12,054.75 | £20,380.26 | £365,617.87 |
| 2041 | £11,392.94 | £21,042.08 | £344,575.79 |
| 2042 | £10,709.62 | £21,725.39 | £322,850.40 |
| 2043 | £10,004.12 | £22,430.89 | £300,419.51 |
| 2044 | £9,275.71 | £23,159.30 | £277,260.21 |
| 2045 | £8,523.65 | £23,911.36 | £253,348.84 |
| 2046 | £7,747.16 | £24,687.85 | £228,660.99 |
| 2047 | £6,945.46 | £25,489.55 | £203,171.44 |
| 2048 | £6,117.73 | £26,317.29 | £176,854.15 |
| 2049 | £5,263.11 | £27,171.90 | £149,682.25 |
| 2050 | £4,380.74 | £28,054.27 | £121,627.97 |
| 2051 | £3,469.72 | £28,965.29 | £92,662.68 |
| 2052 | £2,529.12 | £29,905.90 | £62,756.78 |
| 2053 | £1,557.97 | £30,877.05 | £31,879.73 |
| 2054 | £555.28 | £31,879.73 | £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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Wed May 21 2025
All confirmed! We look forward to speaking with you.
Wed May 21 2025
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