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£825,000 Guide Price
Bedrooms
Bathrooms
''GUIDE PRICE: 825,000 - 850,000'' CKB Estate Agents are pleased to present to the market a tastefully, characterful, three bedroom, terraced family home on a highly sought after road in Peckham. With the converted loft the property boasts three, well-sized bedrooms and two bathrooms on the upper floors. The ground floor boasts an extended, well-proportioned kitchen dining area which leads into the cosy and secluded rear garden offering a blend of indoor living with outdoor living through bi-folding doors.
Furthermore, the ground floor of this charming family home also contains a 'quiet room' which offers a large window, feature fireplace and makes an ideal space for some quiet time or home office. Externally the property benefits a front and rear garden and plenty of permit free, on road parking.
Rye Road is perfectly placed for Nunhead station whilst Peckham Rye and Queens Road Peckham are also easily accessible. Nunhead station offers frequent trains into Victoria, Blackfriars, City Thameslink, Farringdon and St Pancras or Brockley station if the East London line is required. The green open spaces of Peckham Rye Park and the Telegraph Hill Parks are all within easy reach. Peckham Rye and East Dulwich are also within easy reach both providing an array of local amenities which range from bars, restaurants, pubs, retail outlets and supermarkets offering complete convenience for a local grocery shop or equally offering the option of unwinding after a long week and popping into one of the Boujee spots for a social.
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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