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£3,000,000
Bedrooms
Bathrooms
A substantial mid-century modern detached family house with double garage and off street parking for several cars occupying an excellent location in an elevated position with secluded rear garden and exceptional views across London.
The house has been extended and altered over the years and there may be scope for further extension subject to any necessary consent.
The gross internal area is approximately 3,050 sq ft (283.4 sq m) including the integral double garage (excluding the two cellars and the three outhouses).
On the split-level ground floor, there is a spacious reception room opening onto the rear balcony patio and overlooking the garden measuring 95`6 wide x 41`1 (29.11m x 12.53m), the kitchen/dining room/family room opens onto two terraces, both with access to gardens. Utility room off kitchen. Study/lounge room opening onto the rear terrace shared with the kitchen/dining room/family room. Additionally, there is a second a study/lounge, and a separate WC from entrance hall.
On the first floor, there is the principal bedroom with an en suite shower room and walk-in wardrobe, four further bedrooms and two family bathrooms.
Woodhall Drive is a private road off College Road particularly well located for Dulwich College and Dulwich Prep London.
The nearest railway station is Sydenham Hill with direct trains to London Victoria and two stops to Herne Hill for Thameslink services.
Please note probate has not yet been granted.
EPC Rating D. Tax Band H.
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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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