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£750,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 750,000-850,000''
Tucked away in peaceful residential cul-de-sac, is this 4/5 bedroom semi-detached family home complete with conservatory, garden and almost 40ft long garage.
Internally the downstairs comprises two good reception rooms with the lounge measuring 17ft into the bay. The dinning room makes a great entertaining space which leads out into the conservatory. The conservatory is another great entertaining space currently used as another area to lounge with doors onto the garden, perfect for the summer months. The family kitchen hasoaks units,oven stack and hob with stainless steel splash back. You also benefit from access to both the garage and conservatory.
To the first floor there is 3 bedrooms, the master includes the bay and measures 16,5 in length with nice view out onto this wonderful location.
The second bedroom is again a healthy size with room for wardrobes and chests, with a pleasant rear aspect view. A smaller third bedroom, L shaped but still an excellent room which could be used as either bedroom or as currently a home office. With the family bathroom having been modernised with neutraltiling and benefiting from both bath and shower, the toilet separate, it is currently perfectly arranged for larger families.
Finally the property was extended to include a loft with a dormer. Currently arranged as two smaller bedrooms and offers a growing family that much needed extra accommodation.
The garden is part paved patio area but mainly lawned. The garden is on a wide plot and is a good manageable space, certainly combined with the conservatory, a great entertaining area for the summer. A 39ft long garage offers additional extra space for utilities storage but the potential is limitless.
Crystal Palace triangle is nearby, offering a variety of shops, bars & restaurants. Families will further benefit from good local schools. For those who commute, Norwood Junction station 0.8miles and Crystal Palace station just 0.9miles away with convenient connections into the city. 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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