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£750,000 Guide Price
Bedrooms
Bathrooms
'''Guide Price: 750,000 - 780,000''' Introducing thisspacious terraced property located on Chapel Road, West Norwood, SE27. This bright and airy 5bedroom, 3-bathroom residence has been recently redecorated and is now available for sale at the asking price of 780,000. Situated in an excellent location, this home offers a spacious 1130 sq FT rear garden, making it the perfect choice for families and investors alike.
Convenience is key, and this property does not disappoint. With close proximity to the station, commuting is a breeze. The West Norwood Railway Station is just a short walk away, providing easy access to the city and beyond. Additionally, the area is well-served by several bus stops, ensuring seamless connectivity.
For families, the location is a dream. The property is within reach of the most popular primary schools, including Elm Wood Primary School, Julians Primary School, and Hitherfield Primary School. When it comes to secondary education, families will appreciate the proximity to popular schools such as Elmgreen School, The Norwood School, and Dunraven School.
Furthermore, the vibrant area offers an array of amenities within a short distance. The nearest supermarkets, including Tesco Express and Sainsburys, provide utmost convenience. There are also various dining options nearby, with local restaurants and eateries offering diverse culinary experiences.
For leisure and recreation, residents can enjoy the green spaces and parks in the vicinity, providing a tranquil escape from city life. Additionally, the area boasts easy access to healthcare facilities, gyms, and entertainment options, making it an all-encompassing location for a fulfilling lifestyle. The property is also within reach of essential services such as pharmacies, post offices, and libraries.
Dont miss out on the opportunity to embrace the vibrant lifestyle that this property in West Norwood offers. With its prime location, excellent amenities, and spacious living, this home presents an exceptional opportunity for those seeking the perfect blend of comfort and convenience.
Tenure: Freehold
EPCrating: D
Council Tax: LambethCouncil,Band D
Notice: All photographs, measurements and furniture in this advert are provided for guidance only.
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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