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£800,000 Offers over
Bedrooms
Bathrooms
A spacious and beautifully presented 5-Bedroom family home which has upgraded by its current owners to a high standard, offering the perfect blend of comfort, style and convenience. Located in a popular part of Norbury this property is ideal for families and professionals looking to upsize onto the next step in the property ladder.
This lovely home benefits from two spacious reception rooms which flow through into each other and are open planned with the modern fitted kitchen providing a welcoming and relaxing atmosphere making them perfect for entertaining. The modern fitted kitchen which has a host of integrated appliances such as a built-in oven, hob, extractor fan, fridge freezer and washing machine. With all the work surface cooking space the kitchen is the perfect space for all the culinary enthusiasts!
The open planned dinning reception leads through patio doors to the well-proportioned landscaped rear garden, which is the ideal spot for outdoor gatherings and barbecues. The ground floor is completed with a downstairs W/C which ensures you have toilet facilities on each floor.
On the first floor you have three well-proportioned bedrooms which are all bright and airy, making them perfect for comfort and tranquillity. Two of the double bedrooms on this floor are blessed with in built wardrobes giving you great internal storage. You also have the luxury with a modern four-piece bathroom, with underfloor heating, where you can chill and enjoy a long soak in the tub after a long day at work.
The second floor provides a further two bedrooms, a master bedroom with en-suite shower room that screams luxury! Further benefits include the solar panels which provide you with cheaper energy bills, stylish radiators throughout the property, bay windows, fresh carpets in the bedrooms, good storage throughout, double glazed windows which improve energy efficiency and off-street parking for at least two cars!
Hillcote Avenue is located conveniently close to Norbury Station making it ideal for commuters looking to access Central London, with its fast trains into London Bridge and Victoria. There is also easy access to the many shops, bars and restaurants of Streatham, Norbury and Crystal Palace, as well walking distance to as a host of parks and green spaces and a BMX track to enjoy. For families looking to move into the area there are a number of Ofsted rated excellent schools making the is property a great choice!
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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