Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£1,300,000
Bedrooms
Bathrooms
A substantial semi detached five-bed, two-bath, Victorian home with off-street parking, and a glorious south facing garden of 110ft, moments from Alexandra Recreation Grounds and excellent transport links.
The property is immediately impressive and inviting, and being a natural five bedroom house ensures lots of space for a growing family, with really well proportioned rooms.
The grand reception showcases some beautiful period features including, but not limited to, cornicing framing the ceilings, tall skirting boards, a wood burner, and large bay window. To the rear is the dining room leading onto the conservatory, basking in glorious natural light, and providing the ideal space to host and entertain or relax and retreat. Large French doors loosely separate the kitchen to the side which has been upgraded using high quality fittings, including granite worktops, a Butlers sink and a range cooker.
The conservatory is a space that can be comfortably utilised throughout the year and also provides a lovely view of the rear garden which acts as a natural extension to the living space, bursting with seasonal interest, rich with mature and established trees and plants.
On the first floor is a generous, central hallway, introducing the four bedrooms, and a bathroom finished in neutral tiling whilst the top floor is a huge primary bedroom with ensuite shower room.
Another huge draw to this property is the off street parking for several vehicles to the front.
Lennard Road is characterized by its superb Victorian housing stock which is notably broader than some neighbouring roads. Well-located for access to a wealth of shopping facilities, amenities, and transport links, including New Beckenham (London Bridge), Penge East, or Kent House (Victoria) and Sydenham Overground. Moments from the house is Old Farm Path, a charming route through Alexandra Sports Ground and Kent House Fields.
EPC: TBC | 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
