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£800,000
Bedrooms
Bathrooms
A beautiful four-bedroom Edwardian home set on the highly sought-after Green Lane. this bright and spacious semi-detached home offers a superb opportunity for family living.
Featuring a well-thought-out floorplan, the property boasts a versatile layout with a a front receptions room, separate formal dining room, a generously sized kitchen, and a pictureque garden perfect for outdoor entertaining.
Upstairs, the four well-proportioned bedrooms include a stunning principal bedroom with built-in storage, family bathroom and extra shower room. The additional outbuilding provides an ideal space for a home office, gym, or studio.
Conveniently located close to shops, schools, and excellent transport links, this home perfectly balances convenience with tranquility. The property benefits from lying on the tree lined Green Lane. The property could be extended into the loft and rear STPP.
This home would suit any commuter requiring access into The City due to its close proximity to both Streatham, Norbury and Streatham Common stations which provide direct access to Clapham Junction, Victoria, London Bridge and Farringdon. The wide, open spaces of Streatham Common are a short walk away as are the shops, bars and restaurants local to Streatham High Road including the well regarded Bull and Railway pubs.
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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