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£775,000
Bedrooms
Bathrooms
A beautifully presented two bedroom upper floor maisonette, situated in a double fronted, detached period conversion, with a private garden.
As you enter the property through a private front door, you are greeted by a spacious landing area with plenty of useful built in storage space and natural light.
To the front of the building, there is a large reception room with a fire place, high ceilings and double glazed sash windows. Across the landing you will find a useful office space with bespoke, built in shelves and desk, as well as the principle bedroom, boasting high ceilings and sash bay windows and plenty of space to add a fitted wardrobe if required.
To the rear of the property, there is a second double bedroom, spacious bathroom with plenty of natural light, and a modern kitchen with quartz worktops and integrated appliances, as well as space for dining. This property has its own private garden which is a lovely space for entertaining or relaxing in the summer months. There is also a demised 966sqft loft space which can be converted into further living space (STPP).
Iveley Road is located just moments from Wandsworth Road, Clapham Common and Clapham High street stations. Clapham Old Town, The Pavement and Clapham High Street are on your doorstep and boast an abundance of trendy shops, cafes, gyms and bars, many of which are independently owned, creating a village feel, all within easy reach of central London.
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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