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£950,000
Bedrooms
Bathrooms
A deceptively spacious four bedroom, two bathroom detached house occupying a generous gated plot in a popular location in Crystal Palace.
Accessed via a private side road, this property has been extended and improved beyond the original build to provide flexible accommodation over three floors. The house is secluded and quietly tucked away to enable peace and privacy, whilst also offering uninterrupted enjoyment of the gardens. The entrance level comprises of two reception rooms which can opened up via folding doors with solid wood flooring, leading to an impressive kitchen dinner with a glass lantern skylight. This space has been modernised to include contemporary white high gloss cabinetry with quartz countertops and integrated appliances, also fully bi-folding doors to outside - the perfect backdrop for entertaining friends and family. Upstairs there are three bedrooms (all with fitted storage) and the main bathroom with Travertine tiling and stainless fittings, whilst the top floor houses a 19ft bedroom with bespoke fitted wardrobes, eaves storage, and a shower room with a rainfall shower and heated towel rail.
Externally the gardens are a mix of lawn and patio seating areas with outside storage. Also, parking for multiple vehicles.
Queen Mary Road is a quiet community-orientated location where residents can communicate with each other via a WhatsApp group and enjoy an annual street party - rare for a London postcode. The area is primarily served by West Norwood rail links but bus routes at the end of the road also connect to Brixton, Gipsy Hill and Crystal Palace.
EPC: TBC | Council Tax Band: D
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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