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£1,500,000
Bedrooms
Bathrooms
Owned by architects and extending to over 1300 sq ft, the house has fabulous light and space with extensive, hand built storage including a bespoke kitchen. The beautifully presented house features wallpaper designed by a world-renowned artist Kristjana S. Williams (whose credits include Coldplay album covers and designs for Fortnum & Mason) and has original bloc parquet flooring throughout the ground floor.
The house is on the biggest plot in the close so has an exceptional amount of outside space which extends to a secluded internal courtyard, a roof terrace accessible via one of the upstairs bedrooms and a delightful, secluded garden which is atypical of the close. The house is stylishly designed and elegantly presented and is a haven for those seeking peace and privacy in the safety of a private close
Situation
Courtmead Close is between Herne Hill and Dulwich with easy access to both Herne Hill station (trains to London Victoria and the Thameslink to Blackfriars, Farringdon, St Pancras etc.) and North Dulwich (trains to London Bridge). There are excellent state schools in the area with Judith Kerr Primary School only 100m away and North Dulwich Charter School only 400m away. The village schools are also within easy reach, as are the popular independent schools such as Alleyns, JAGS and Dulwich College.
Property Ref Number:
HAM-0511Map 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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