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321 Baring Road, Grove Park, London
£575,000 Guide Price
Bedrooms
Bathrooms
Guide Price 575,000 to 600,000
Placed along the popular tree-lined Brangbourne Road, The Acorn Group are delighted to offer this exceptional four bedroom 1930s house to the sales market. Being end of terrace, the house has side and access plus there is a garage to the rear too.
Inside the property has been extended to the rear and up in to the loft to create an additional bedroom. The house is in excellent decorative order too and boasts a large through reception rooms, a modern kitchen with dining space, three large bedrooms, a good sized third bedroom, a three-piece family bathroom and a downstairs WC. There off street parking to the front which plus to the rear there is a huge private garden too.
The location is more than ideal with plenty of schools, amenities, green spaces and transport within close proximity. Beckenham Hill Station is a 0.3 mile walk and provides services in to London Blackfriars, Farringdon and London St Pancras. For your weekend stroll, the rejuvenated and award winning Beckenham Place Park is almost on your doorstep too!
End Of Terrace | 1930s Era | Huge Garden With Garage | Side Access & Off Street Parking | Extended Reception Room | Downstairs WC | Converted Loft | Next To Beckenham Place Park | Double Glazed |
Freehold
Council Tax Band: D
Energy Efficiency Rating: 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.
321 Baring Road, Grove Park, London
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