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£875,000
Bedrooms
Bathrooms
An absolutely stunning 1920s four bedroom semi-detached family home located in the sought after Thorpes Conservation area, close to Mayow Park as well as Sydenham High Street, Sydenham Station and the array of shops, cafes and restaurants which form the town centre.
Offering 1465 sq ft of internal living space and a 60ft West facing garden, the property boasts plenty of period features such as a tiled entrance floor, stripped doors, parquet flooring to the dining area and feature fireplaces
The ground floor accommodation comprises a welcoming entrance hallway, a cosy lounge with a working fireplace and a bay window to the front, there is a stylish ground floor wet room and WC, the main entertaining space is a stunning and open plan kitchen and dining area overlooking the garden. The kitchen has shaker style units, a range oven and modern work surfaces with plenty of storage above and below. From the kitchen there is a light and airy snug which could make a great office or play room and has direct access to the garden.
Upstairs the charm continues with feature fireplaces in three of the four bright bedrooms, two of which include stylish built in wardrobes. A family bathroom with a bath and separate shower complete the floor.
To the rear of the house, the west facing garden has a paved seating area and steps up to a lawn with flower and shrub borders that have been thoughtfully planted to provide colour throughout the season.
The property is located in a conservation area which means the character and features of the nearby properties will be protected. Precedent has recently been set to extend into the sizeable loft space, subject to the necessary permissions and consents.
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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