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£3,750,000
Bedrooms
Bathrooms
A substantial semi-detached Victorian house with extensive and flexible accommodation, in this much sought after road, well situated for schools particularly Dulwich College and Dulwich Prep & Senior.
Set back from the road with a gravelled driveway for several cars, the property is arranged over four floors and has a gross internal area of approximately 4,044 sq ft (376 sq m). In good decorative order, the house offers spacious and well proportioned rooms with many period features such as stained glass, sash windows, cornices and fireplaces. There may be scope for refurbishment and extending the accomodation subject to planning consents.
On the ground floor, there is an elegant double reception room and a kitchen/ family room/ dining room with skylights and French doors opening onto the south west facing rear garden 124`8 x 32`6 (38m x 10m). Additionally, there is a separate WC and a door to the side passage.
On the first floor, there is the principal bedroom with a wide bay window, fitted wardrobes and an ensuite underfloor heated bathroom, which can also be accessed from the landing. Two further double bedrooms are on the same floor.
On the second floor, there are three bedrooms, a storage room/walk-in cupboard and a shower room.
The excavated, lower ground floor, features significant extra accommodation which could be used for a variety of purposes. With its own independent access from the rear as well as direct access from the main house, it is currently arranged to provide two additional bedrooms, additional shower room, utility room, separate WC and additional double reception room.
The two nearest railway stations are West Dulwich (direct trains to Victoria, Blackfriars and one stop to Herne Hill for Thameslink services) and Gipsy Hill for direct services to London Bridge, Victoria, Clapham Junction and one stop to Crystal Palace for the Windrush line.
Early viewings are strongly recommended.
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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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