3 bedroom semi-detached for sale

£675,000

3

Bedrooms

2

Bathrooms

Floorplan


SUMMARY
Spacious and well-kept family home in a quiet cul-de-sac, featuring generous living areas, a conservatory, private garden, and off-street parking. Close to Streatham Common and Norbury stations, local shops, schools, and green spaces. Chain free and ready to move.


DESCRIPTION
Nestled in a quiet residential cul-de-sac, this well-presented three-bedroom home offers generous living space across two floors, making it an ideal choice for families or those seeking room to grow. The property is offered chain free, ensuring a smooth and swift transaction for prospective buyers.

The ground floor features a spacious lounge that flows seamlessly into a dedicated dining area, perfect for entertaining or relaxing with family. A bright conservatory adds a touch of charm and opens onto the rear garden, creating a lovely indoor-outdoor connection. The kitchen is well-appointed and complemented by a separate utility room, while an integrated garage provides additional storage or potential for conversion.

Upstairs, the property boasts three bedrooms, including two generous doubles and a third ideal for a nursery or home office. A family bathroom completes the first floor layout.

Externally, the home benefits from a private rear garden and off-street parking to the front.

Location
Covington Gardens is ideally situated within easy reach of Streatham Common and Norbury stations, offering swift access into Central London. The area is well-served by local amenities including shops, cafes, and supermarkets, while nearby Streatham High Road provides a vibrant mix of dining and leisure options. Families will appreciate the proximity to reputable schools and green spaces such as Streatham Common and Norwood Grove.

Kitchen9 2' maximum x 8 4' maximum ( 2.79m maximum x 2.54m maximum )

Reception14 10' into bay x 11 5' into recess ( 4.52m into bay x 3.48m into recess )

Dining Room13 2' x 11 into recess ( 4.01m x 3.35m into recess )

Conservatory11 9' x 8 2' ( 3.58m x 2.49m )

Garage17 2' x 9 7' ( 5.23m x 2.92m )

Bedroom14 11' into bay x 11 into wardrobe ( 4.55m into bay x 3.35m into wardrobe )

Bedroom13 2' x 10 11' into recess ( 4.01m x 3.33m into recess )

Bedroom8 1' x 6 7' ( 2.46m x 2.01m )



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 559575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 16875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 53325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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