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£999,995
Bedrooms
Bathrooms
An opportunity to acquire a well presented, three double bedroom, terraced house for sale on Alderton Road, a quiet, tree-lined residential road in Herne Hill.
The property has undergone a refurbishment by the present owner, there is a pleasing entrance hall, the double reception room has a bay window to the front (with shutters) and there are two delightful cast iron fireplaces, open shelving and cupboards adorn each alcove in the front section, engineered flooring, original cornicing, and double doors lead to the side return.
A downstairs wc has been created in the hallway together with an understairs storage cupboard. The good-sized kitchen/dining room has a stylish range of wall & floor cupboards, integrated appliances include washer/dryer, larder cupboard, dishwasher and microwave. There is ample room for a large table & chairs. Windows overlook the garden and the side of the house, and a double glazed door gives access to the rear garden.
The principal bedroom spans the front of the house with two double glazed windows (with shutters) and there are bespoke wardrobes to both alcoves. There are a further two double bedrooms and family bathroom.
There is a good sized Southerly aspect rear garden, which is mainly laid to lawn and well screened from the neighbouring houses beyond. A good sized front garden has room for bicycle/bin storage.
Alderton Road is a popular residential road moments from an entrance to the delights of Ruskin Park with its paddling pool and childrens play area. Both Loughborough Junction and Denmark Hill railway stations serve the area. Herne Hill centre offers a popular selection of shopping & restaurant amenities, railway station and the delights of Brockwell Park with its lido & cafe.
EPC: D | 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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