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£775,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 775,000 - 800,000''
A Victorian family home, beautifully presented throughout and situated in a peaceful residential cul de sac. Within just minutes walking distance from the high street and Penge East station. Properties like this are rarely available.
This property has been cared for throughout by the current vendors and they have added some quality decorative touches. The lounge and dining rooms have been opened up to provide a 23ft long space. It has many of the period features you would hope for in a house of this style including a feature fireplace.
Beautiful tiled floors with underfloor heating run throughout the kitchen diner. A dark blue country style kitchen with a huge centre island with reclaimed solid wood worktop and plenty of storage. A large fitted pantry, huge sink area and white composite worktop give this room its wow factor. This would be a very enjoyable space for those who like to host with doors leading out to the garden.
The master bedroom is a generous size with plenty of space for chests and wardrobes. Quality wool mix carpet and a warm shade of paint to the walls really finish off this room. The family bathroom is currently arranged as a walk-in double shower with rainfall shower head, traditional roll top slipper bath and stylish feature tiled wall. The second bedroom is an equally good double bedroom, and benefits from views to the garden. The third bedroom is on the top floor and measures 19ft in length.
Outside the properties south facing garden measures 45ft which has a paved patio area, planters and further lawned space. A real sun trap and the perfect space to enjoy summer BBQs.
Further benefits include a downstairs WC and parking available on the road. The property also has further potential to add a loft extension which could consist of a further bedroom and en suite bathroom.
Penge High Street is under a 10 minute walk and offers excellent local amenities which include some local gems such as the much loved Alexandra Nurseries, Alexandra pub and Southey Brewery. The property is also in the catchment area for Alexandra School. Penge East train station is a 9 minute walk and offers fast access into Central London.
This is an amazing property and will generate immediate interest. To arrange your viewing, call iMove today!
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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