Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£650,000 Guide Price
Bedrooms
Bathrooms
A well-presented three-bedroom semi-detached family home, ideally situated on a peaceful residential road, opposite Pollards Hill Park and Viewpoint.
This bright and spacious property offers a large through reception room with dining area, a fully fitted modern kitchen, and a second living area which leads to a sunny south-facing garden - perfect for entertaining or family relaxation too.
Upstairs, one can find two generous double bedrooms, a comfortable third bedroom and a modern family bathroom. The ground floor also features a stylish shower room, and the benefit of an attached garage.
Set in a prime family-friendly location close to Norbury High Street, local shops, cafes, and open green spaces, the home is also within easy reach of excellent local schools, including William Morris Primary, and Harris Academy Merton.
Norbury Station (Southern Rail) and multiple bus routes (255, 152, 463) provide swift links to London Victoria, Balham, Croydon and beyond.
This property offers an attractive expected rental yield of approximately 4.25%, making it an excellent investment opportunity.
EPC rating: D. Tenure: Freehold,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.
The Property has been saved to your favorites
/ 5
It's quick and easy
