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87 Rushey Green, Catford London
£675,000
Bedrooms
Bathrooms
Charming light, bright and spacious Victorian home retaining many period features set in a quiet road on the desirable Corbett Estate. Three generously proportioned double bedrooms with high ceilings, large family bathroom, kitchen/diner with convenient downstairs utility and WC. Large private south west facing family garden with side access to front. Close local amenities schools and mainline stations providing access to central London. A perfect blend of comfort, convenience and charm.
Key Terms
LOCATION
The property is located on the sought after Victorian Corbett Estate, within Hither Green ward and close to Catford centre on a quiet residential road. Excellent links to five mainline train stations , bus routes and local primary schools. Well located for local parks - Forster Memorial, Mountsfield and Beckenham Place Parks.
OTHER INFORMATION
Local Authority: London Borough of Lewisham
Council Tax: Band D (2,038 pa)
Postcode: SE6 1XA
EPC Rating: D
Electric Supply: Yes
Water Supply: Yes
Heating Supply: Yes, Gas central heating
Sewerage: Drainage to public sewer
Flood Risk: Very low risk of surface water flooding and very low risk of flooding from rivers and the sea. For more information please visit: check-long-term-flood-risk.service.gov.uk/postcode
Broadband & Mobile Coverage: For broadband and mobile phone coverage at the property please visit:
Broadband: check-er.ofcom.org.uk/en-gb/broadband-coverage
Mobile: checker.ofcom.org.uk/en-gb/mobile-coverage
Parking: TBC
Nearest Train Stations: Bellingham Rail Station, Hither Green Rail Station, Lee Rail Station, Catford and Catford Bridge Rail Stations.
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.
87 Rushey Green, Catford London
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