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£750,000
Bedrooms
Bathrooms
This exceptional four-bedroom apartment occupies the entire second floor of a magnificent Victorian building and offers an impressive living space measuring approximately 1,547 square feet. Set in a highly desirable position overlooking the wide green expanse of Crystal Palace Park, the property combines period elegance with modern comfort.
The flat opens to generously proportioned interiors filled with natural light, including two reception rooms that provide versatile living and entertaining areas. The principal reception room is particularly striking, with ample space for both relaxation and dining, enhanced by a feature spiral staircase that leads to a mezzanine, creating a unique and characterful additional space.
The accommodation further comprises four well-sized bedrooms, two bathrooms, and a thoughtfully arranged layout that balances practicality with style. Large windows ensure every room feels bright and welcoming, while the high ceilings and Victorian architectural details contribute to the homes sense of grandeur.
Externally, residents benefit from access to a large communal garden, as well as the convenience of off-street parking. The location on Crystal Palace Park Road, SE26, places the property within easy reach of local amenities, the vibrant atmosphere of nearby Crystal Palace, while the park itself provides a wonderful natural backdrop and an abundance of leisure opportunities.
The property is well connected, with a number of stations within easy reach. Sydenham Station is just 0.8 miles away, while Penge West and Penge East are 0.7 miles and 0.9 miles respectively. Crystal Palace Station is also close by at 1.2 miles. With such excellent transport links, commuting in and out of the city is straightforward, offering convenient travel options wherever you need to go.
Leasehold: 999 Years
Service Charge: 500 PA
Ground Rent: 0
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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