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£800,000 Guide Price
Bedrooms
Bathrooms
Guide Price 800,00-850,000
This beautiful spacious three-bedroom link detached family home has generous accommodation arranged over two floors offering a plethora of original features and located on one of Norburys most beautiful roads, conveniently close to Norwood Grove and lots other beautiful green spaces.
The accommodation currently comprises of a large bright double reception room which is separated by double doors, a lovely modern fitted kitchen with plenty of storage and direct access to the large rear landscaped garden. There is also a ground floor bedroom which is especially useful for older families members that may want to be based on the ground floor.
On the first floor there are two large double bedrooms both with fitted wardrobes and a ultra stylish modern fitted shower room with separate WC!
Further benefits include double glazing throughout, gas central heating. a feature fireplace in the living room, a nice sitting area in the garden which is a natural spot to extend into subject to planning permission, a rear garage and off road parking!
Christian Fields is a tree lined road ideally located close to Norbury and Streatham High Road and the wide variety of bars, cafs and other local amenities it has to offer. Transport links are found at Streatham Common Station, Norbury and West Norwood train stations providing convenient links to the City. The wide green open spaces of Streatham Common, The Rookery and Norwood Grove are also close by.
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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