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£900,000
Bedrooms
Bathrooms
Acorn are delighted to bring to the market this spacious three bedroom Victorian home. Located on a residential street in the heart of Forest Hill, this substantial three double bedroom semi-detached Victorian house offers an exciting opportunity for buyers seeking a generous, character filled home with room to grow. Spanning approximately 1391 sqft / 129.2 sqm and offered to the market chain free, the property is a blank canvas. Perfect for those looking to put their own stamp on a home.
Inside, the house benefits from classic Victorian proportions, with high ceilings and a spacious layout throughout. The ground floor offers a wealth of living space, ideal for a large or growing family, with potential for multiple reception areas, a generous kitchen, and further development subject to the necessary consents. Upstairs, three well sized double bedrooms provide comfortable and versatile accommodation.
One of the homes standout features is its location. Situated in a highly sought-after part of SE23, youre within walking distance of Forest Hill station and Honor Oak Station, with swift Overground and National Rail links to London Bridge, Shoreditch, and beyond. The area has become increasingly popular with families thanks to its friendly community feel, abundance of green spaces such as Horniman Gardens and Dulwich Park and excellent local amenities.
Importantly for families, the property falls within the catchment area for several highly regarded primary and secondary schools, making it an ideal long-term home for those prioritising education alongside space and location.
This is a rare opportunity to secure a charming period property with significant potential in one of South East Londons most desirable neighbourhoods. With no onward chain and so much scope for transformation, its ready to become a truly special family home.
Freehold
EPC Rating E
Council Tax Band D
Map location is not available for this property.
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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