5 bedroom detached for sale

£1,100,000

5

Bedrooms

1

Bathrooms

Floorplan

A superb semi detached five bed, Victorian home with an inviting landscaped West facing garden, located moments from green spaces, good local schools and excellent transport links.

The owners have collaborated with architects and designers to create an inspiring, beautifully balanced home which is not only great for entertaining, but also perfect for raising a family. Contemporary design features are showcased throughout, complemented by signature Victorian elements that add character and charm, such as decorative cornicing, original marble mantle pieces, and large windows with shutters, beautifully blending classic elegance with modern living.

The heart of the home is an expansive, open-plan kitchen and dining area providing the perfect space to socialise, gather for meals and lounge. The kitchen enjoys a range of cabinetry providing superb storage, Corian worktops and high quality fitted Bosch appliances, whilst the dining areas provides plenty of space to entertain with floor-to-ceiling sliding doors drawing in lots of natural light and opening directly onto the gardens; a natural extension of the living space. Arranged across the upper floors are five bedrooms and a superb family bathroom.

The garden is bathed in sunlight throughout the day offering a serene and inviting retreat. Mature planting borders a raised lawn, while the large paved terrace provides the perfect setting for outdoor dining or relaxing in the sun. With its open, West-facing aspect, the space is ideal for summer gatherings, quiet mornings with a coffee, or enjoying the peaceful surroundings.

Wiverton Road allows for easy access to excellent transport links (Sydenham Overground and Penge East) and green open spaces, including Crystal Palace Park and Alexandra Recreation Ground. 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



Features
  • Freehold

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 906450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 27500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 81450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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