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£700,000
Bedrooms
Bathrooms
Acorn are delighted to unveil this truly stunning large three-bedroom, mid-terrace family home that is being sold chain free nearly spanning over 1300sqft / 117sqm
This modern three storey house which has solid wood flooring throughout is situated in the much-loved residential part of Honor Oak Park surrounded by greenery. This wonderful home comprises three double bedrooms, each with built-in wardrobes, the bedroom on the bottom floor also has an ensuite making it perfect for guests, more privacy and those if they need ground floor living. The house also features gas central heating, a large open plan kitchen with all built in appliances a stunning island and lounge, and plenty of storage you will also not have to worry about plug points throughout the property.
This spacious and airy home is conveniently located near local shopping facilities be that in Dulwich which is short walk away and transport links such as Honor Oak Park Station which boasts superb connections into London Bridge via South Eastern, London Victoria and the Orange East London Overground line, offering fast and easy access into East London via Shoreditch High Street. The Overground also allows connection via Whitechapel to the Elizabeth line offering great links into Heathrow Terminal and etc. Forest Hill high street offers a wide selection of boutiques, cafs and popular eateries.. It is also very well located for catchment areas for local schools.
Freehold
EPC Rating C
Council Tax Band 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.
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