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£1,275,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 1,275,000 - 1,325,000 ''
Beautifully appointed and thoughtfully extended, Four double bedroom Victorian family home measuring in excess of 1700sqft and occupying a prime position in leafy Nunhead.
Packed full of period charm such as hard-wood flooring, stunning fireplaces, tall ceilings and tons of natural light. This beautifully presented house comprises of; an expansive front reception room with square bay window and feature fireplace, two neutrally decorated bathrooms and a well presented kitchen with enough space for dining and entertaining guests. This property also benefits from an enormous basement perfect for storage, side entrance ideal for bike storage/access and a 60ft rear garden which can be extended into (STPP). The loft space can also be extended into and planning permission has already been granted.
Carden Road is an attractive quiet residential street made up mostly of semi-detached Victorian residences. Offering fantastic transport links with Nunhead (0.4mi), Peckham Rye (0.7mi) and East Dulwich (0.9mi) all within short walking distance. Peckham Rye common (0.2mi) is just also couple of minutes stroll as well as an array of local independent shops, bars & restaurants found on Nunhead Lane (0.2mi), Peckham Rye (0.3mi), Bellenden Road (0.7mi) and Lordship Lane (0.9mi).
Early viewings are advised.
Freehold
Council Tax Band: E
Energy Efficiency Rating: 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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