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£1,700,000
Bedrooms
Bathrooms
A true gem of a property is this 1894 Victorian family home on a sought-after road in Beckenham. This is a beautiful six-bedroom property full of character offering an abundance of space throughout, the property is over three floors and the original features including cornicing, ceiling roses, fireplaces, tessellated hallway tiles and sash windows, have all been lovingly restored by the current owners.
Accommodation provides; ground floor a stunning entrance hall with tiled floor and dado paper, kitchen, utility room, front reception room and second reception room to the rear with French doors leading to a raised balcony terrace. First floor has master bedroom with en-suite, two further double bedrooms and a family bathroom. On the second floor are another three double bedrooms and a bathroom.
Further benefits include off street parking for several cars, a lower ground cellar and a long secluded garden finished with lawn and shrubs to enjoy throughout the year. Located in the Elm Road Beckenham Conservation Area and within the popular Balgowan School catchment area.
Within easy walking distance of Clock House and Kent House mainline stations which offer swift access to London Bridge, Cannon Street, Waterloo, Charing Cross, Victoria, and Lewisham for DLR services to Canary Wharf. Also close to Beckenham Road tram station with links to Croydon and Wimbledon and four bus routes as well as the N3 night service from Trafalgar Square.
Amenities include the Clockhouse parade of shops and Beckenham High Street with a further selection of cafes, bars, and restaurants. Recreation facilities include the Beckenham Spa with gym and swimming pool, Beckenham Library, Odean Cinema and a number of local parks.
This is a rare opportunity to acquire a beautiful home In Beckenham on a highly desired and tree lined residential road.
Tenure: Freehold
Council Tax Band G
Energy Efficiency Rating E
Map location is not available for this property.
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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