4 bedroom detached for sale

£1,000,000

4

Bedrooms

1

Bathrooms

Floorplan

A beautifully preserved 1930s semi-detached home, cherished by the same family for over forty years, occupying an elevated position in sought-after Upper Sydenham. Perfectly situated opposite Wells Park and within easy reach of excellent transport links, highly regarded schools, and an array of local amenities.

A paved pathway leads through a front garden, framed by shrubs and showcasing a mature Pampas, leading to the double fronted entrance that immediately feels welcoming.

The first reception room is warm and inviting, featuring a beautiful fireplace and dual aspect windows that capture serene park views, an ideal spot to unwind. Across the hall is a further reception / dining room with a large square bay window and charming wood burner. To the rear, the kitchen leads into a conservatory and the expansive gardens. The layout offers excellent scope for reconfiguration or extension (subject to the usual consents), allowing future owners to tailor the space to their own needs and style while retaining the homes original character.

The South facing garden of approximately 100ft, is a true highlight of the home, tiered and thoughtfully arranged to create a series of distinct outdoor zones including a generous patio providing the perfect setting for outdoor dining and entertaining, framed by lush planting and views across the garden. Steps lead up to a raised level with a lawn, ideal as a childrens play areasurrounded by mature trees, herbaceous borders and flowering perennials that ensure year round colour and privacy. Upstairs, three of the four bedrooms enjoy peaceful, leafy outlooks, a testament to the homes enviable setting.

Further benefits include off-street parking and a garage.

Longton Avenue is one of Upper Sydenhams most desirable addresses, a broad, tree-lined road moments from both Sydenham Hill and Sydenham Overground stations, as well as local coffee shops, restaurants and of course, Wells Park directly opposite.
EPC: D | Council Tax Band: F

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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

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

Mortgage Required

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 25000
  • 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

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£

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

£ 68950
  • 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

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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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