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£1,750,000 Offers in excess of
Bedrooms
Bathrooms
Simply exceptional six bedroom double fronted detached family home, measuring over 5300sqft of generously proportioned accommodation over four storeys. Occupying a prime position on Duncombe Hill and is one of a handful of properties with private access to the exclusive Brockley Hill Park.
This expansive residence briefly comprises; striking raised ground floor entrance leading to the double reception room which spans the depth of the property, kitchen/diner with separate utility space, full-width conservatory which leads to the south-westerly facing rear garden and gated access to the private Brockley Hill Park Estate Ornamental Garden Trust created in 1853 and is only for use by residences on adjacent streets with no public access. Also benefitting from an office space to the front as well as WC on the raised ground floor.
The garage space encompasses the entire ground floor and is ripe for conversion if further living accommodation is required. This is also accessed via internal stairs as well as at the front of the property.
The striking bespoke staircase leads to the first and second floors, which boast six double bedrooms and three sizeable bathrooms. The principal bedroom is found to the rear of the first floor and benefits from ample in-built wardrobes as well as en-suite bathroom.
Duncombe Hill is a quiet residential street in which a selection of properties boast access to Brockley Hill Park, which has no public access and is bordered by the back gardens of the four roads surrounding it. The park, which is a haven for wildlife, is approximately four and a half acres in size, with grassed areas, woodland and even a tennis court. There is also an active social club, organising events such as Easter Egg hunts, Fireworks displays, Barbecues and Tennis tournaments for the residents.
Honor Oak station (0.4mi) offers fast & frequent Overground services. Crofton Park (0.6mi) is also within short walking distance offering national rail services. Stillness Junior school (0.2mi) and Dalmain Primary (0.3mi) are within close proximity as well as St. Dunstans College (0.8mi) private school. Honor Oak and Crofton Park high streets boast an array of local independent shops, cafes and eateries - all on your doorstep.
Freehold | Council Tax Band E | EPC Rating 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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