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£750,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE - 750,000 - 800,000
Boasting over 1900sqft of space this five/six bedroom semi detached home will easily house the whole family. This lovely period home has so much space making it ideal for a buyer looking to benefits from the size and a wealth of period features throughout.
The property comprises; three spacious living rooms with the biggest reception room enjoying lovely views of the front of the house through the large bay window. One recpetion room is currently used as a ground floor bedroom so would benefit a family mmeber who doesnt want to use stairs and wants to be based on ground level. There is also a laundry room which leads to the first of three bathrooms and utility space, the fully fitted extended kitchen which leads out to the large private garden. Other benefits on the grpound floor include parking for two cars and a garden shed which is great for storage.
Upstairs there are three bedrooms a fouth single and main modern fitted family bathroom. The loft has been converted which now contains the the largest bedroom, added storage, built in wardrobe space and the final bathroom.
This family home, is rich in period features and benefits from an impressive 1900 sq. ft. of living space. This property has excellent transport links due to its close proximity to both Norbury and Thornton Heath Train Stations with links to London Bridge and London Victoria and beyond. In addition to the excellent transport links, you are situated close to popular local amenities on both Norbury High Street and Thornton Heath High Street.
Located on the sought after Norbury Crescent this property is situated within close proximity to both Norbury and Thornton Heath mainline stations giving access to London Bridge and Victoria. A host of shops and restaurants also serve the property nearby,
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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