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£700,000 Guide Price
Bedrooms
Bathrooms
''Guide Price: 700,000 - 750,000''
Nestled in a highly sought-after location on a spacious plot, this expansive 3-bedroom, semi-detached family home is brimming with potential. Though unmodernised, it offers a fantastic opportunity to create your dream home, with potential to extend (subject to planning).
Upon entering, you-re welcomed by a grand entrance hallway that flows into two generous family reception rooms, perfect for entertaining or relaxing. The second reception room opens directly onto the garden through patio doors, offering seamless indoor-outdoor living. The separate kitchen, at 147' in length, provides a solid foundation for a redesign, allowing future buyers to craft the perfect culinary space.
Upstairs, youll find three bedrooms. The master bedroom boasts a lovely bay window area, filling the room with natural light, and features fitted wardrobes on either side of the chimney breast. The second bedroom, also generously sized, overlooks the garden. The third bedroom, smaller in size, presents the ideal setting for a cozy nursery, guest room, or home office.
The family bathroom presents another exciting opportunity for buyers to add value, with the chance to reimagine its layout. Outside, the private garden, currently a low-maintenance patio, offers the potential perfect summer retreat. Additional perks include a spacious front driveway and a private garage at the rear.
Located just a short stroll from the vibrant Streatham High Road, youll have access to a variety of shops, cafes, restaurants, and more. Streatham Hill Station is just an 11-minute walk away, offering effortless access to central London. This chain-free property is expected to generate significant interest, so dont miss outcontact 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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