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£1,650,000
Bedrooms
Bathrooms
This excellent, four-bedroom Edwardian terraced family home is set on a sought-after residential street between the commons. Measuring approximately 1,775 sq ft of living space arranged over three floors, the property benefits from good proportions throughout, the potential to extend into the side return and a west-facing garden.
The wide hallway leads through to the elegant double reception room, currently arranged with the reception room to the back and dining room to the front, with folding doors in between which allow for flexible use of the space. Both rooms benefit from high ceilings with cornicing, original feature fireplaces and wooden floors. To the front is the large square bay window which floods the room with light and to the back of the reception space are French doors which open directly onto the garden. The kitchen breakfast room is to the back, with an excellent range of modern, Shaker-style wall and base units with integrated appliances and stone quartz worksurfaces. There is a wonderful space for the table to the rear, with a high, vaulted ceiling, attractive casement windows and a glazed door onto the garden. West-facing and surrounded by mature planting which gives it a good sense of privacy, the garden is laid with terrace and artificial grass, the ideal place for al fresco eating and entertaining in the warmer months. A downstairs wc/wet room, ideal for muddy dogs, completes the accommodation on the ground floor.
Three bedrooms and a family bathroom are arranged over the first floor. Both the larger bedrooms benefit from built-in wardrobes and the room to the front boasts the square bay window. The third bedroom is currently used as a study and would also make a perfect nursery.
Stairs lead up to the principal suite. This wonderfully bright and spacious bedroom benefits from built-in wardrobes, an en suite bathroom and substantial eaves storage. A dressing room is currently set up as a kitchenette, making this floor ideal for an au pair or for visitors to have a little independence.
Canford Road is a quiet residential street which runs down to the wide-open spaces of Clapham Common. The amenities of Northcote Road are within easy walking distance and good transport links are at both Clapham Junction Overground and Clapham South on the Northern Line. There are a number of popular state and private schools nearby, subject to catchment and places each year.
Council Tax Band: F | EPC: tbc | Tenure: Freehold
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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