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£1,100,000
Bedrooms
Bathrooms
CHAIN FREE - Charming, spacious and characterful mid-terrace house with scope to modernise and extend on this desirable road in the heart of East Dulwich. Cash purchasers recommended.
Fellbrigg Road is enviably located for the independent shops, bars, restaurants and coffee shops of Lordship Lane and North Cross Road. There are a host of excellent primary, secondary and private schools nearby as well as a choice of beautiful parks and green spaces. There are strong transport links into The City and West End from East Dulwich station (0.6 miles) and Peckham Rye station (1.2 miles) as well strong bus/cycle routes through the neighbouring Dulwich Village, Herne Hill and Forest Hill.
Boasting over 1,660 Sq Ft of internal space; the property has been lovingly maintained by the same family for over 60 years and does require gentle modernisation with potential to loft extend, kitchen extend and even dig out the basement (Subject to Planning Permission). There is a 24-ft bay-fronted double-reception, a downstairs shower-room and a 17x11-ft kitchen-breakfast room that leads out onto a mature 49-ft garden. Upstairs are three comfortable double bedrooms and a family bathroom as well as a temporary ladder leading up into the semi-converted loft-space.
'Floorplan includes loft room, but not cellar.
'' Cash purchasers recommended
EPC Rating: D | 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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