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£950,000
Bedrooms
Bathrooms
James Pendleton are proud to present an immaculately presented split-level Victorian maisonette located in the desirable and highly sought-after Hyde Farm Conservation area. The property has been lovingly renovated to a very high standard, tastefully mixing period features with contemporary fittings.
The accommodation is set over the first and second floor of a beautiful period building in Balham. On the first floor, youll find a large modern reception room with a period fireplace and feature bay window providing an abundance of natural light. The dual aspect kitchen/dining room is idyllic for entertaining with stairs leading down to a south facing garden, perfect for bbqs in the sunshine. This floor is also to a neutral family bathroom and three of the four bedrooms with two being spacious double rooms and one being the perfect size for a nursery or a home-office.
Making your way to the top floor, you will find the principal bedroom with an en-suite shower room. The master is spacious and benefits from eaves storage and views towards the green open spaces of Tooting Common.
Balham Mainline and underground stations and the abundance of cafes, restaurants, bars, shops and leisure facilities local to the area are all within a convenient walk of this lovely property. The property also benefits from being within the catchment area for Telferscot Primary and Henry Cavendish schools - both of which are oustanding in recent Ofsted reports - making this a great family home prospect.
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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