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29 Westow Street, Crystal Palace, London
£550,000 Guide Price
Bedrooms
Bathrooms
Guide Price 550,000 - 575,000
Tucked away just off Knights Hill and only a short walk from West Norwood mainline station, this delightful two-bedroom Victorian terraced cottage offers the perfect blend of period charm and modern comfort.
This rare freehold property on Chapel Road features a secluded south-facing garden, spacious interiors, and a wealth of character throughout. Original elements such as stripped wood floorboards and a feature fireplace are beautifully complemented by contemporary fixtures, including a stylish kitchen/breakfast room.
The cottage offers two generously sized double bedrooms, ideal for relaxing or working from home. The standout feature is the impressive 45ft (approx) rear garden a sun-drenched oasis with a patio area perfect for entertaining, surrounded by mature trees and shrubs. A quaint front garden with a classic picket fence adds to the homes welcoming appeal.
Additional highlights include ample storage throughout, including a useful insulated loft and under-stairs space. The home is well-suited for those seeking a unique period property with practicality in mind.
Located just a seven-minute walk from West Norwood Station and twenty minutes from Gipsy Hill Station, the property offers excellent transport links to central, south, and southeast London. The area is also rich in local amenities, green spaces, independent shops, and historic landmarks.
This is a rare opportunity to own a characterful home in a vibrant and convenient South London neighbourhood.
Freehold House
Council Tax Band D
EPC D
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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