6 bedroom detached for sale

£1,500,000 Offers in excess of

6

Bedrooms

6

Bathrooms

Floorplan

An architecturally design-led six bedroom detached house forming a prestigious private cul-de-sac with stunning elevated views.

This property has been thoughtfully re-modelled and improved with sustainability and energy efficiency in mind. The installation of an MVHR heat recovery system, triple glazed windows, and roof insulation play their part in energy reduction, whilst interesting design and premium finishes create a unique and contemporary place to call home. The positioning of the generous plot allows for pleasant uninterrupted views of the mature gardens and landscape beyond, with a patio seating area and a terrace off of the rear reception room to enjoy them from. The main bedroom suite has an abundance of bespoke fitted cabinetry, a sky-lit shower room, and a large picture window to frame the vista. There are six individually designed bathrooms / shower rooms in total and a separately accessed independent studio flat on the lower level. Externally there is a layered landscaped garden with a 19ft garden room and a sunny south-westerly aspect. Other noteworthy points include off street parking, a detached garage, and no onward chain.

This quiet location once was the grounds of the historic Royal Beulah Spa which operated between 1831 -1856. There is ease of access to bus routes to Brixton, West Norwood, and Crystal Palace rail links. If schools are important then Rockmount Primary (Ofsted outstanding) is within proximity, or independent options at Dulwich Prep, Dulwich College, or Sydenham High Girls School.

This uncommon market offering could make an ideal long-term option for a young or growing family, or simply those who want an attractive and spacious retreat.

EPC: C | Council Tax Band: E

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1256450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 37500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 131450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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