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£635,000
Bedrooms
Bathrooms
Discover this exceptional 5-bedroom HMO property in the desirable Streatham Vale, SW16. Priced at 635,000, this home is surrounded by top schools, supermarkets, restaurants, and transport options and is a great investment opportunity.
Welcome to this stunning 5-bedroom, 5-bathroom HMO property located on Rowan Crescent in the sought-after area of Streatham Vale, SW16. This beautiful property is a rare find and is now available for sale at an asking price of 635,000. Boasting an array of amenities and features, this home offers a great investment opportunity.
The property is situated within close proximity to local supermarkets and restaurants. Transportation is made easy with the Streatham Vale, Ebenezer Walk bus stop nearby, and Mitcham Eastfields Station providing quick access to the railway network.
Nature enthusiasts will appreciate the nearby parks and recreation areas, including Streatham Vale Park, Long Bolstead Recreation Ground, and Eardley Road Sidings Nature Reserve, offering the perfect setting for outdoor activities and relaxation.
Dont miss out on this exceptional opportunity to own a spacious and conveniently located property in the vibrant area of Streatham Vale.
Schedule a viewing today and experience the endless possibilities this home has to offer.
All measurements and photographs are provided for guidance only.
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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