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£1,100,000
Bedrooms
Bathrooms
This excellent five-bed, two-bath, semi detached Victorian home 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 entrance of this very handsome home, is immediately impressive and inviting. An elegant and grand reception to the front showcases some gorgeous features including, but not limited to, cornicing framing the ceilings, tall skirting boards, a working fireplace, a large bay window with shutters and a beautifully embossed ceiling. Arich mix of texture and colours that give it a timeless charm and plenty of character.
The open-plan kitchen, lounge, dining area to the rear is designed for hosting, featuringbifold doors and Velux windows that flood the space with natural light and open onto a deck and lawn. The kitchen has a large sociable island, bespoke cabinetry, in built appliances, and a full sized wine fridge, and there is a lovely lounge area to relax into for the evening.
This family home offers1,760 sq ft of light-filled accommodation across three floors and being a five bedroom house, ensure lots of space for a growing family.
Moments from Alexandra Recreation Grounds, the location is highly sought-after for its views and peacefulness as well as proximity to the children?s park, restaurants, schools and excellent transport links. Homes like this rarely come to market and must be seen to be fully appreciated.
EPC: C | 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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