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£1,050,000 Guide Price
Bedrooms
Bathrooms
Guide Price '1,050,000-1,100,000' A stunning four bed, two bath Victorian home with a gorgeous landscaped garden, set in this highly sought after pocket in Sydenham, close to excellent transport links, parks and a wealth of shopping facilities.
The interiors have been creatively reimagined and are characterful, playful, and beautifully presented with generous living space across the ground floor. The through reception has been finished in deep earthy tones, coupled with a roaring fireplace and cosy furnishings, makes it a place you would naturally retreat in the evening. In direct contrast is the kitchen / breakfast room space to the rear, which basks in glorious natural light; this space is not only impressive but highly functional, connecting kitchen, dining, and living areas beautifully, creating spaces to gather, sit, and relax.
On the first floor is the central hallway, introducing the three double bedrooms and a bathroom whilst the top floor provides a wonderful primary bedroom with ensuite bathroom.
The charming south-east facing garden offers a tranquil escape from the everyday. A large stone patio extends seamlessly from the house, creating the perfect setting for al fresco dining or relaxed weekend brunches with ample room for an outdoor dining set, loungers, and container planting. The lawn is framed by a variety of perennials, pollinators and seasonal blooms, guiding you toward the back of the garden where a beautiful pergola stands, covered in Wisteria creating a natural canopy for the garden settee beneath.
Byne Road is a very pretty residential road, dotted with blossom trees, with easy access to excellent transport links (Sydenham Overground and Penge East) and green open spaces, including Crystal Palace Park and Alexandra Recreation Grounds. Moments away youll find two vibrant high streets; Sydenham and Penge, with plenty to offer, such as numerous coffee shops, shopping facilities, pubs, restaurants and gyms.
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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