4 bedroom terraced for sale

£1,850,000

4

Bedrooms

2

Bathrooms

Floorplan

This exceptional, well-extended, Victorian, family house benefits from that most precious commodity; width. Stylishly presented, its fabulous, 21 frontage makes for a luxurious feel to both the living areas and the sunny, beautifully-landscaped garden. Enviably positioned off Northcote Roads fashionable shops and bar/restaurants , under half a mile from Clapham Junction station and in the usual catchment for the outstanding-rated Belleville Primary School.

This highly-desirable, family home, built in 1879, forms part of a rather unusual, Victorian terrace. Unusual from the point of view that this section of the street contains less houses than many similar lengths of road in the local area, the result being some rather rare and very wide family properties, of which this is one. All the rooms and the outside space benefit from this and the house provides spacious and very bright entertaining/ family living areas and a wide and secluded NW-facing rear garden which gets lovely afternoon and evening summer sun.

The property is approached through a pretty, planted, front garden with built-in bike shed, whilst inside, the house is attractively designed fitted and decorated throughout. The ceilings are high, throughout the main ground floor (including in the kitchen), which is a change from the standard, long, thin, terraced houses which dominate the local housing stock. Here you have a squarer, wider shape and a greater volume of space without doubt.

The front reception is large and square, has beautiful original features including a fireplace and ornate ceilings and a large front bay window. Behind is a wonderful room (again with high ceilings) which spans the full width of the property to one side of it is a bespoke kitchen complete with island, stone worktops and integrated appliances. To the other side are dining and further seating areas. Folding doors lead out onto a wide sunny deck and then into a secluded, well-established garden. The house has been extended at the back into the garden to provide a very practical and well-fitted utility room with cloakroom/WC beyond. Off the wide front entrance hall, which retains further period features, is a door to a useful storage cellar. There is scope for a basement conversion and also to extend further at the rear of the house if desired (subject to obtaining the relevant consents).

Upstairs there are four spacious bedrooms and three bathrooms, arranged over the two floors. The main bedroom suite occupies the whole converted loft space, has an integrated, dressing area with built-in cupboards, a separate reading/study space plus a shower and bath en suite. The single-level, first floor is a perfect childrens floor with three further, good-size, double bedrooms (two with fitted wardrobes), plus a lovely family bathroom, which has both bath and separate walk-in shower. There is further storage in the eaves.

The irresistible conveniences of Northcote Road, which include a wonderful array of specialist shops, bar/cafs and restaurants, as well as a thriving street market, are only yards away, making Bennerley Road, which runs either side of it, an enviable location. (Once you live directly off Northcote Road, its hard to move away from it!) The laziest/ busiest of commuters will find Clapham Junction an ideal distance away (under half a mile of a mile) without falling too close to the congestion which immediately surrounds it. There are fast mainline services to Victoria and Waterloo as well as connection points for many bus routes. There are also numerous good schools very close by in both sectors. In particular this house is in the usual likely catchment for the Belleville Primary State School and very close to Bolingbroke Academy (State Secondary). The recreational facilities and beautiful green spaces of both Clapham and Wandsworth Commons are close by.



Features
  • Freehold

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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

£ 1569700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 46250
  • 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

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£

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

£ 182200
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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Notes

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