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£900,000 Offers in excess of
Bedrooms
Bathrooms
Boasting 2,300 square feet of internal accommodation, Hamptons take pleasure in offering this fabulous family home to the market. The house has benefitted from a full scope of works which included a ground floor kitchen extension, loft conversion, and addition of a summerhouse/annexe in the garden, alongside a total internal refurbishment and remodelling throughout with new kitchen and bathrooms added.
Accommodation comprises five bedrooms, with four of these being large double bedrooms with the remaining room being smaller in size and therefore well suited for uses such as a nursery/baby and then also an additional smaller room which can be used as a home office. The house has a total of three bathrooms, with one located on each floor and an additional WC found in the summerhouse.
Downstairs there are two particularly large reception rooms with built-in cabinetry and period fireplaces intact. To the rear, the kitchen has been extended and opened up to create a generous kitchen-dining room with brand new bespoke kitchen which in turn leads out to the landscaped garden via floor-to-ceiling height bi-folding glass doors, which flood the room with natural light.
The garden itself has been landscaped and the sellers have built a summerhouse/annexe which is connected to electric and pluming, with its and WC, wash basin and working kitchenette, which could be used for additional storage, housing guests or perhaps used as a nanny annexe.
The front of the house features a private driveway for off street parking and there are solar panels fitted to the roof, allowing the house to largely rely on this as the primary power source.
Situation
Gibsons Hill enjoys a prominent location a stones throw from the open spaces of Streatham Common in a typically family-orientated neighbourhood, offering a close convenient proximity to a number of local schools of Streatham and Dulwich.
Property Ref Number:
HAM-57654Map 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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