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£900,000
Bedrooms
Bathrooms
A rarely available three double bedroom family house forming part of a very highly regarded, treelined road in Crystal Palace and available for sale with no onward chain.
After ownership for many years, this excellent mid-century property offers an exciting long-term opportunity for a young or growing family. Whilst cosmetic modernisation is required, the room proportions and raw materials provide a spring board to make an outstanding new home. The entrance level is made up of a 17ft reception room with original chevron parquet flooring and double Crittall doors outside, a kitchen / diner, and access to the garage. Upstairs there are three bedrooms (two with fitted storage) and the largest boasting a covered veranda with views of the surrounding greenery.
Externally the garden extends to 110 ft with a covered patio area.
Highfield Hill is a pretty residential street which is renowned for larger detached and semi-detached houses and is positioned just off of Harold, within the conservation area. The location is moments from the Norwood Recreation park with tennis courts, basketball courts, and lawned grounds. The area is primarily served by Gipsy Hill and Crystal Palace rail links, whilst the nearby Triangle is buzzing with independent bars, restaurants, and boutiques.
These properties are usually popular due to the style of build and excellent plot size.
EPC: E | Council Tax Band: F
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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