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£750,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 750,000-775,000
Spacious Period Five-Bedroom Semi-Detached Home with Large Garden and Off-Street Parking Prime South Norwood Location with 1986 Square feet
This charming and substantial five-bedroom period semi-detached home offers generous living space throughout, ideal for families or those seeking room to grow. The property features two large reception rooms, a spacious kitchen with a separate utility room, a convenient downstairs W.C, and a very large shed roomperfect for storage, a home gym, or workshop potential.
A standout feature is the expansive private garden, offering plenty of space for outdoor dining, play, or relaxation, as well as valuable off-street parking.
Perfectly positioned in the heart of South Norwood, the property is just a short stroll from the beautiful South Norwood Lakes and Grounds, providing green open spaces, walking trails, and leisure activities. The home is also within walking distance of highly regarded local schools, frequent bus services, a popular yoga studio, and a growing selection of cafs, restaurants, and barsmaking this a vibrant and desirable area to live.
Norwood Junction station, just a short walk away, offers excellent transport links with direct trains to London Bridge (from 12 minutes), London Victoria, Canada Water, Clapham Junction, Highbury & Islington (via the London Overground), and Gatwick Airport, making commuting and travel across London and beyond quick and convenient.
This is a fantastic opportunity to own a spacious and characterful home in one of South Londons most up-and-coming neighbourhoods.
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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