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£2,250,000
Bedrooms
Bathrooms
Contemporary four double bedroom detached house, arranged over three floors offering a passenger lift and private driveway benefiting from a car turntable.
The accommodation is spacious with a gross internal area of approximately 2,113 sqft (196.3 sqm) comprises four bedrooms, two bathrooms and a WC on every floor. There are two main reception rooms; one with a spacious kitchen/open plan living room with a polished blue/black granite surround fireplace on the ground floor which opens to the patio and garden area, and an L` shaped reception room on the lower ground floor. The top floor is dedicated to a large principle bedroom and bathroom, with views of the grounds.
The property has been finished to a high specification with solid wood flooring and solid oak handrails throughout, ceramic tiling in the kitchen and bathrooms, and new Siemens appliances in the kitchen fitted with Hacker German units.
The private development benefits from a site security system as well as integrated security, smart home systems, and off-street parking with electric vehicle charging points. The property itself benefits from access to the Wellness Spa and Gym complete with TechnoGym machines, free weights, a steam room, sauna and hydrotherapy/jacuzzi pool.
The nearest station is Sydenham Hill with regular trains to Victoria, and Dulwich & Sydenham Hill Woods is also just a short walk away. Beltwood Park is situated in good reach of Kingsdale School as well as Sydenham High and the excellent Dulwich private schools.
EPC Rating B - Tax Band G
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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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