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409 Brockley Road, Brockley, London
£900,000 Guide Price
Bedrooms
Bathrooms
Guide Price 900,000 - 950,000
The Acorn Group is pleased to present to the market this beautifully maintained three-bedroom 1930s mid-terraced family home, enviably positioned on the highly sought-after Drakefell Road in SE4. This charming property is set on a picturesque tree-lined residential street and offers an ideal blend of character and modern living, making it a superb choice for discerning buyers.
Extending to over 921 square feet (85.5 square metres), the accommodation is arranged across two well-proportioned floors and benefits from an abundance of natural light throughout. Internally, the property comprises three generously sized bedrooms, a stylish and well-appointed four-piece family bathroom, a bright and expansive through lounge offering an excellent space for both relaxation and entertaining, and a contemporary fitted kitchen which provides direct access to the private rear garden.
The property further benefits from gas central heating, double glazing throughout, and a flowing internal layout that enhances the sense of space and comfort. In addition, there is significant potential to extend the property, subject to obtaining the necessary planning permissions, allowing future owners the opportunity to further increase the living space.
Drakefell Road enjoys an excellent location with convenient access to a range of transport links. Brockley Overground Station (Windrush Line), along with two additional mainline stations, is within easy walking distance, offering direct connections to central London destinations including London Bridge, Victoria, Blackfriars, and East London. The local area is also well served by a selection of highly regarded schools, most notably the Ofsted Outstanding rated Haberdashers Hatcham College.
Early viewing is highly recommended to fully appreciate the quality and potential of this exceptional home. Please note that all appointments are strictly by prior arrangement due to the expected high levels of interest.
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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