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£1,000,000 Guide Price
Bedrooms
Bathrooms
A truly stunning three bedroom period house with a wealth of original features,arranged over three floors. Located on the highly sought after ABC roads, minutes away from Streatham Hill station and nearby shops, bars and restaurants.
The ground floor offers a welcoming entrance hall and a light and airy double reception room with high ceilings and working fireplace. At the rear is a stylish, modern kitchen/diner, which leads out to a well presented garden. On the first floor are two good size double bedrooms, a significant sized family bathroom and a further shower room. The third floor offers another large double bedroom with extensive eaves storage.
The property sits within the low traffic neighbourhood meaning the street and surrounding area is incredibly quiet at all times of the day. The local park is close by, providing lawned areas, sports courts and a childrens play area. There are a number of Outstanding and Good (Offsted rated) schools plus Private schools in the area.
Barcombe Avenue is moments from Streatham Hill with its numerous shops, bars and dining options, including an M&S Foodhall and Gails Bakery at the end of the road. Streatham Hill station provides swift connections into Victoria via Clapham Junction and also London Bridge. Streatham Hill is well connected with regular bus services including those to Brixton and Oxford Circus, the Kings Road and beyond. Additionally, Tulse Hill station is only a 15 minute walk away, providing further transport options.
Map location is not available for this property.
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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