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£1,199,950
Bedrooms
Bathrooms
A Spacious Four-Bedroom Semi-Detached Home on Kingsmead Road, Tulse Hill Chain Free
Situated on the sought-after Kingsmead Road in Tulse Hill, this four-bedroom semi-detached home offers an excellent opportunity for buyers looking to put their own stamp on a property. Now vacant and available chain free, it provides a blank canvas for modernisation while retaining much of its original period features and charm, including high ceilings, decorative fireplaces, and traditional mouldings. The property also boasts a combination of parquet flooring in the hall and front living room, natural slate tile flooring in the kitchen and dining room, and solid wood flooring throughout the rest of the downstairs.
The home offers well-proportioned rooms and a flexible layout, with two bright reception rooms, a separate dining area, and a kitchen with direct garden access from multiple points. Upstairs, four generously sized bedrooms provide comfortable accommodation, with potential to reconfigure if desired.
The electrics were modernised in 2023, and hard-wired smoke alarms have been installed, providing peace of mind for the new owners.
Subject to planning permission and building regulations, there is potential to further extend the property by adding to the side return, rear, or converting the loft.
Externally, the property benefits from a private rear garden, a small garage, and off-street parking, offering added convenience in this well-connected area.
Located within easy reach of Tulse Hill and West Norwood stations, this property is well-positioned for transport links into Central London. The local area offers a great selection of schools, parks, and amenities, making it ideal for families and professionals alike.
EPC: D | Council tax band: F
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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