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£2,000,000 Offers in excess of
Bedrooms
Bathrooms
A substantial double-fronted Victorian detached house positioned on a highly regarded road within the Crystal Palace conservation area, nearby the station and the park.
This characterful property is arranged over four levels and is brimming with period features, totalling 3376 sq ft / 313.6 sq m. One of the few private residences of this size in the immediate area, the house has been lovingly maintained and improved through many years of ownership and could make an ideal long-term option for those seeking flexible accommodation, and an impressive place to call home.
The lower ground floor is currently configured as a sizeable two bedroom apartment with a private entrance and offers the option of defined separate living or an annexe if desired. This area could also be easily reintegrated to the main house by the central staircase if preferred. A welcoming entrance hall is accessed via steps to the building which flows beautifully well with stunning fireplaces to most
rooms and exceptional room proportions, high ceilings, original shutters, coving, and wide stripped wood flooring. All bedrooms are of double proportion, whilst the heart of the house is a dual aspect 26ft kitchen / diner with bespoke cabinetry, a Belfast sink, solid wood surfaces, and a sociable breakfast bar.
Externally there is a a wide leafy garden with mature planting and a sunny southerly aspect, also a summer house which could be the perfect retreat for home working. The front of the property has parking for four cars and an in/out driveway, as well as an EV charging point. Hamlet Road is made up of similar large period buildings and is well placed for the bustling Crystal Palace Triangle, great connections to London Bridge, Victoria, and East London.
There is ease of access to various state and independent schools, also the historic park with a weekly food market and 200 acres of greenery.
EPC: E | 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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