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£625,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 625,000 - 650,000''
Situated on the first floor of a stunning period building, this exceptional three-bedroom apartment offers over 1,000 sq ft of beautifully bright and spacious living. With impressive high ceilings, large windows, and a fantastic layout, this home perfectly balances period charm with modern comfort.
The property boasts three generously sized double bedrooms, all surprisingly spacious, making it ideal for families or couples in need of extra space. The large bathroom is a standout feature, offering both a bathtub and a walk-in shower for added luxury and convenience.
The expansive reception room is almost 18ft in length and is bathed in natural light, providing a welcoming space for both relaxation, dining, and entertaining. This room has a huge ceiling height and a beautiful feature fireplace. The separate kitchen is well-appointed with ample storage and workspace, seamlessly blending functionality with style.
An additional bonus for this period conversion is the share of the freehold, adding long-term value and peace of mind. The size of all the rooms opens up the possibility of further reconfiguration. The property also benefits from a small and charming outdoor areaperfectly sized for a bistro table and chairs.
Located on Auckland Road, this home is just a stones throw from the picturesque South Norwood Lakes, offering scenic green space, tennis courts, a sailing club, and the Lakes Cafall just a minute from your doorstep. For cyclists, secure bike storage is also available nearby via two bike hangers on Auckland Road, less than a minute away.
Excellent transport links and the vibrant local amenities of Crystal Palace are within easy reach. Norwood Junction station is conveniently within walking distance, offering direct access to London Bridge in just 12 minutes, plus Thameslink, Overground, and Southern services. Theres also quick access to Gatwick and Brighton (under an hour), and two bus stops just minutes away provide easy connections into West Norwood, Brixton, and Waterloo.
The current owners are moving on to pastures new after almost nine years of enjoyment. Theyve appreciated the friendly neighbours in the building and on the quiet cul-de-sac to the side, complete with a lovely annual summer party on the green. Crystal Palace and Norwood Junction continue to flourish with a growing selection of cafs, bars, restaurants, and the Everyman Cinema at Crystal Palace.
This is a rare opportunity to acquire a truly special homeearly viewing is highly recommended! Contact us today to arrange a viewing.
Lease Length: 999 Years
Building Insurance: 73.36 PCM
No Ground Rent
No Service Charge
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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