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£875,000
Bedrooms
Bathrooms
Set on one of the most desirable residential streets in Crystal Palace, this charming three-bedroom semi-detached family home presents a rare opportunity to create a dream home. Offering generous living space, a large garden, and exciting potential to extend (subject to planning permission), the property is ideal for buyers looking to add value in a highly sought-after location.
Inside, the home opens into a spacious entrance hall. Two generous reception rooms feature beautiful stripped wooden floors and flexible layouts, offering ideal spaces for both relaxing and entertaining. The galley-style kitchen and rear reception room lead directly to the garden and present the opportunity to reconfigureeither by opening up the space into a contemporary kitchen-dining area or through a rear extension (STPP), as many neighbouring properties have done.
Upstairs, the accommodation comprises two well-proportioned double bedrooms, along with a smaller third bedroom in keeping with the classic 1930s layoutideal as a nursery, guest room, or home office. The bathroom and separate WC could be combined to create a larger, modern family bathroom.
Outside, the generous rear garden includes a paved patio and a substantial lawn, offering plenty of space for outdoor entertaining and family life. There is excellent potential to extend at the rear and explore the option of adding a garden office or studio, perfect for remote working or creative pursuits.
Patterson Road enjoys a prime location just a short walk from Crystal Palace Station and the vibrant Triangle, home to an array of independent shops, cafs, restaurants, and amenities. Well-regarded schools are also nearby, making this an ideal choice for families.
This is a rare chance to acquire a semi-detached house on this highly desirable road, with scope to customise and extend to suit your needs (subject to planning). Offered chain free, early viewing is strongly recommended as interest is expected to be high.
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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