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£3,750,000
Bedrooms
Bathrooms
CONTRACTS EXCHANGED - Sold by Harvey & Wheeler. A substantial Edwardian family home with five bedrooms, off street parking and extensive views over Dulwich Park, on this highly sought after private road in Dulwich Village. Properties on Court Lane Gardens rarely come to the market and it is in an excellent location for the state and private schools such as the Dulwich Village Infants` and Junior Schools, Charter School, Alleyn`s, JAGS, and Dulwich College.
The house is particularly spacious with large and well-proportioned rooms retaining many period features including bay windows, stained glass, cast iron fireplaces and ornate cornices. With an overall gross internal area of 3,163 sq ft (293 sq m), the accommodation is arranged over three floors with an ideal layout for entertaining and family life.
The wide entrance hall leads into a reception room with a bay window looking to the front. The kitchen is open to a second reception room and connects through to a large conservatory with underfloor heating, and French doors to the garden. The garden has a south facing aspect and boasts a decked area with plenty room for seating, a lawn with mature shrubs in the borders and the far end is arranged as a kitchen garden. There is a summer house, two sheds and a greenhouse, and the side passage leads via a gate to the front of the house. There is also a utility room with access to the side, and a WC.
The first floor has a principal bedroom overlooking the garden with an en suite bathroom and a dressing room, currrently used as a study. There are a further two bedrooms, a bathroom and WC. The second floor has the fourth and fifth bedrooms, both with plenty storage in the eaves, as well as a shower room.
The property also has access to the communal private gardens at the front. North Dulwich is the closest station with trains to London Bridge and two stops to Peckham Rye for the overground line. Herne Hill has direct trains to Victoria, City Thameslink, Blackfriars, Farringdon and St Pancras.
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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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