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£1,150,000
Bedrooms
Bathrooms
This excellent four bed, two bath semi detached family home, with a glorious south west facing garden, is located very close to both Penge East (Victoria) and Sydenham Overground (London Bridge) as well as plenty of green open spaces, and a range of coffee houses, restaurants and shops.
With a warmLondonStockfaade, complimentedbythebrilliantwhitestonewindowsurrounds, the approach to this property is impressive and being positioned at the top of the road, the elevated setting allows for a much brighter outlook and a more expansive view.
Comprising a through reception which feels like a naturally inviting space to retreat in the evening, with deep blue walls which ground you, high ceilings and fireplaces. To the rear is a light filled kitchen / dining room, where the owners have enjoyed plenty of Sunday lunches, relaxed family meals and everyday living. Large French doors capture a lovely view of the rear garden and there is a charming lounge area to enjoy of an evening.
Being a natural four bedroom house, ensure lots of space for a growing family and really well proportioned rooms.
There is also a spacious cellar, a versatile room with stone walls and a cool, steady temperature. With enough headroom to move comfortably, this space is suitable for many purposes whether that be a cinema room, yoga studio or simply a wine cellar!
Everyelementofthishomehasbeen sensitively and meticulously considered, ensuring the house is not only beautifully presented, but highly functioning, which should ensure an incoming purchaser peace of mind for years to come.
EPC: D | Council Tax Band: F
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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