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£520,000
Bedrooms
Bathrooms
Moat is pleased to present to the market this three bedroom first floor apartment built around 2021, situated in a residential location. Beulah Hill offers panoramic views northwards to central London and southwards to Central Croydon and North Downs. Upper Norwood boasts a vibrant community spirit, with a bustling high street offering a range of independent shops, cafes, and restaurants catering to the diverse tastes of its residents. It has a good transport link into London and Croydon. Gypsy Hill, Norwood Junction and West Norwood railway station is just over a mile away with services to London Bridge, Victoria and Norwood Junction. Crystal Palace Park is less than two miles away which is home to various exhibitions, skatepark, maze, museum and sports centre. There are several primary and secondary schools in the local area, including Rockmount Primary and Downsview Primary Schools and Harris Academy Secondary School. The property is conveniently situated for access onto the A23 with links to the M23 and M25.
This property is being sold on 100% share. If you are interested please complete the application form and register your interest against the property on the Moats website -
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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