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£565,000
Bedrooms
Bathrooms
A superb apartment occupying the top floor of this imposing Victorian mansion situated in the heart of the Brockley conservation area. The spacious accommodation of approximately 1175 square feet briefly comprises: Two double bedrooms, Lounge, Kitchen/dining room Bathroom with separate shower, Guest cloakroom, Galleried hallway.
Communal front door with stairs up to the first floor. This communal staircase is about to be refurbished.
Personal front door into lobby with stripped and sealed floorboards up to the mezzanine level.
Cloakroom
Sash window to the rear. A white suite with close coupled flush wc and wall mounted hand basin.
Stairs up to the GALLERIED LANDING providing access to all rooms and a wonderful sense of space.
Lounge
Twin sash windows set to the front. Open fireplace with painted mantelpiece. Radiator. Fitted bookcases to the fire breast alcove.
Kitchen/dining room
Fitted in a range of wall base and drawer units and finished in cream with contrasting worktops. Stainless steel sink and drainer. Ceramic tiled splashbacks. Wall mounted gas fired combination boiler. Sash window to the side.
Bedroom 1
Set to the front with twin sash windows. Fitted mirror front wardrobe storage ot one wall.
Bathroom
Fitted in white with chrome fittings and comprising roll-top bath with telephone style mixer tap and hand held shower. Pedestal wash basin. Separate shower cubicle with glazed door housing a chrome shower. Velux window. Auto extractor fan,
Bedroom 2
Sash window to the rear overlooking the garden. Open fireplace with natural wood mantelpiece and tiled inset.
Exterior
To the front - a carriage drive with parking on a 'first-come' basis.
To the rear - a mature communal garden mainly laid to lawn.
Tenure
Leasehold: c87 years unexpired
Ground rent: 100 p.a.
Service charge: 20% of outgoings (2,792.20 for 2024-2025)
The mention of any appliances and/or services within these sales particulars does not imply they are in full an efficient working order. reference to the tenure and boundaries of the property are based upon information provided by the vendor. Whilst we endeavour to make out sales particulars as accurate as possible, if there is any point which is of particular importance to you please contact us and we will be pleased to check the information. Do so particularly if contemplating travelling some distance to view the 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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