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£1,050,000
Bedrooms
Bathrooms
This superb four bed, two bath semi detached family home, with a charming rear garden, is located very close to both Penge East (Victoria) and Sydenham Overground (London Bridge) as well as lots of green open spaces, and a range of coffee houses, restaurants and shops.
The front garden is filled with perennials and pollinators creating a welcoming entrance to this delightful home, which is immediately impressive and inviting. The elegant and grand reception showcases some gorgeous features including, but not limited to, cornicing framing the ceilings, tall skirting boards, fireplaces, a large bay window and warm wood flooring running the length of the room.
To the rear is a light filled dining area, which feels like the heart of the home, where the owners have enjoyed plenty of dinner parties and Sunday lunches, Bi fold doors frame a lovely view of the rear garden and there is a charming lounge area to enjoy in the evening.
Being a natural four bedroom house, ensures lots of space for a growing family and really well proportioned rooms. Three doubles and a family bathroom are arranged on the first floor whilst the top floor feels like a private sanctuary with a wonderful primary bedroom and ensuite bathroom.
The garden provides an extension of the living space, bursting with seasonal interest, rich with mature and established trees and plants.
Venner Road is a great location, really well connected and with a great community. Located within easy reach of Crystal Palace Park, bars, restaurants and the excellent transport links that this part of South East London is known and loved for.
EPC: D | Council tax band: E
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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