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£1,500,000 Guide Price
Bedrooms
Bathrooms
A charming and characterful three bedroom detached house positioned on one of the most desirable roads in Crystal Palace, available for sale with no onward chain.
This extraordinary property was constructed between 1852 and 1855 when the area looked quite different to today, and has been under family ownership for nearly fifty years. The front is set back from the road and is screened by hedges and mature planting which provide privacy, along with gated off street parking. The house has been extended and improved over time, whilst retaining the period details and features that offer warm and inviting accommodation which is arranged over two levels. The first reception room has stripped wood flooring and is currently used as a music room, although provides a flexible space away from the main living area. A well-equipped 18ft 7 kitchen / diner is a great place to entertain friends and family, and leads to an impressive reception room with a sky light, solid oak flooring, an exposed feature brick wall, and double doors to outside. Beyond is a sizeable purpose built study / utility room and a handy WC. Upstairs there are three bedrooms, two of which are connected by Jack and Gill entrances to a modern four-piece bathroom with a separate walk-in shower. The remainder of this floor houses the main suite with a vaulted ceiling, a sunny solar powered remote control sky light, and a beautifully finished en suite with a rainfall shower and premium fittings.
Externally the rear garden is the jewel in the crown of the estate, extending to 95ft with a south-westerly aspect. This much loved and nurtured plot offers various useable areas to enjoy the greenery and bursts of colour, including a walled patio with fossilised sandstone (an ideal place to enjoy a book in the sunshine), various vegetable and fruit planting areas, a large green house, and a hard standing which could work well for a summer house or separate outside office.
EPC: D | Council Tax Band: C
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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