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£550,000 Guide Price
Bedrooms
Bathrooms
A Charming Two-Bedroom Ground Floor Flat Backing onto Brockwell Park
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Nestled in an enviable position directly backing onto the open green spaces of Brockwell Park, this delightful two-bedroom ground floor flat offers generous living space and direct access to a beautifully maintained shared garden.
The accommodation comprises: a welcoming entrance hall, a spacious reception room featuring a rustic wood burner, and a well-appointed fitted kitchen with ample storage. The principal bedroom enjoys peaceful views over the rear garden, while the second bedroom also a comfortable double shares the same lovely outlook. The bathroom is conveniently located off the hallway and includes a bath with shower, WC, and washbasin.
The shared garden and terrace are perfect for alfresco dining in the warmer months, offering a tranquil setting with the park as your backdrop.
Herne Hill`s vibrant array of independent cafs, restaurants, and bars are just a short stroll away, and Herne Hill station offers excellent transport links with regular services to London Victoria, Blackfriars, and beyond, making this an ideal location for commuters.
Brockwell Park itself is a much-loved local landmark, home to the iconic lido and gym, wide open green spaces, and panoramic views across London and Kent ideal for weekend picnics, early morning jogs, or peaceful afternoon walks.
This is a rare opportunity to enjoy park-side living in one of South East London`s most desirable neighbourhoods.
Please note that the pictures shown were taken before the current tenants moved in.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs 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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