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£1,200,000
Bedrooms
Bathrooms
Offered to the market with No Onward Chain is this 3 bedroom terraced house on Frankfurt Road, a sought after residential road within the North Dulwich Triangle area of Herne Hill. The property is also well positioned for a number of independent and state schools.
The property is neutrally decorated throughout, is fully double glazed and comprises: a front reception room with coving and windows overlooking the front garden. There is a spacious double rear reception/dining room with Dimplex fire to the chimney breast and bi-folding doors to the rear garden, the open plan kitchen has a range of Shaker style wall & base units, integrated fridge/freezer, dishwasher, double oven & hob. There is a downstairs shower room and storage under the stairs.
The prinicpal bedroom has windows to the front, second double bedroom overlooking the rear garden, third bedroom/study, family bathroom and utility area. There is a double storage cupboard on the landing and access to the loft space.
The rear garden is paved directly outside the house, then lawned section (currently astroturf) and a mature range of flower and shrub borders.
Frankfurt Road is extremely popular, the local Sunray Gardens park is found on Elmwood Road and there are a selection of shops on Half Moon Lane.
Central Herne Hill offers a popular range of restaurant & shopping amenities, railway station (Victoria, Thameslink, Blackfriars) and access to the vast expanse of Brockwell Park with its lido & cafe. The property is also served by North Dulwich railway station (London Bridge).
Early viewings are highly recommended.
EPC: C | Council Tax Band: E
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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