3 bedroom flat for sale

£700,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

''Guide Price 700,000''

Nestled within an iconic and admired character building on Church Road, just moments from the bustling Crystal Palace Triangle, this stunning top-floor, split-level period conversion spans an impressive 1,500 sq ft. Boasting three spacious bedrooms, with potential for further enhancement (STP), this property offers exceptional living in a highly sought-after location.

The home is bathed in natural light across two upper floors, with a spacious and inviting reception room overlooking the propertys charming faade. The room radiates comfort and style, featuring a striking originalfireplace that adds to its undeniable character.

The bathroom is modern yet quirky, featuring a separatewalk-in shower, bath and your very own staircase to the toilet..adding even more charm and characterto this property.

Each of the three generously sized double bedrooms stretches over 18ft, providing bright, airy spaces with ample room for storage and furnishings. One bedroom on the upper level offers direct access to a utility room, perfect for conversion into a walk-in wardrobe or ensuite bathroom.

Outside, enjoy your own private section of gardenan ideal spot for relaxation or entertaining. What truly sets this property apart is its unbeatable location, just steps from the vibrant Crystal Palace Triangle with its eclectic mix of shops, bars, and restaurants, all contributing to the areas growing popularity.

For commuters, Crystal Palace Station is just 0.4 miles away, offering fast connections to London Bridge, Victoria, and the East London Line.

Dont miss this unique opportunitycontact iMove Property today!

Lease length 89 years

Ground rent 0

Maintenance shared

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 580200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 17500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 55200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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