Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,499,950 Guide Price
Bedrooms
Bathrooms
We are delighted to offer to the market this spacious five bedroom, family house on Croxted Road, a tree-lined road in the heart of Herne Hill, SE24. The property offers extensive accommodation of 2,063 sq m, the rear has been extended to form a large kitchen/reception room, there is air conditioning throughout and a basement cellar provides good storage.
To the front of the house is a great sized reception room with square bay window to front, modern fireplace with gas insert, Herringbone flooring, coving and ceiling rose, double glazed doors lead through to the mid-reception/dining room which has a wide arch & steps leading to the rear of the house. There is a downstairs cloakroom.
The extended kitchen/reception has a stylish range of wall & base units with quartz work surfaces, integrated induction hob, oven & grill, one and a half bowl ceramic sink inset to a spacious island with breakfast area, this area has underfloor heating. The spacious reception area is well lit by five
velux windows and extensive sliding doors affording lots of natural light.
The principal bedroom is on the top floor with a Velux window to front and a Juliette balcony to rear (where you can catch a glimpse of Brockwell Park & the Manor House), there is a shower room on this level too. There are a further 4 double bedrooms, shower room & family bathroom.
Central Herne Hill offers a popular range of restaurant & shopping amenities, railway station (Victoria, Thameslink, Blackfriars), and various bus routes traverse nearby roads. Rosendale School, an Ofsted outstanding school is nearby.
EPC: C | Council Tax Band: F
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
