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£880,000 Guide Price
Bedrooms
Bathrooms
Offered to the market with no onward chain, this spacious four-bedroom, double-fronted house on Broadfield Road, a quiet residential street in the highly desirable Corbett Estate and located in the electoral ward of Hither Green, presents an excellent opportunity for buyers seeking a move-in-ready home with exceptional potential.
Located within walking distance of Hither Green Station, which provides excellent transport links to Central London, the property benefits from a variety of local amenities. Hither Green boasts a vibrant selection of independent shops, cafes, and eateries, adding to the areas appeal. Known for its characterful architecture and strong community spirit, the Corbett Estate is popular with families thanks to its proximity to good nurseries, schools, and the expansive open spaces of Mountsfield Park, perfect for outdoor activities and leisurely strolls.
Already spanning over 1,300 sqft, the house offers significant potential for future expansion. The fully boarded loft and a generous cellar provide easy-access storage and opportunities for substantial extensions, whether creating additional living space in the loft or converting the cellar into a functional area (subject to planning permission).
The property also comes with lapsed planning permission for a loft conversion and garden extension to create three flats, highlighting the immense potential for future development.
The ground floor features a welcoming entrance hall that leads to a spacious reception room and a light-filled, open-plan kitchen and dining area. The kitchen is complete with modern units, offering ample space for entertaining and everyday family life. This floor also includes a convenient bathroom with a separate bathtub and shower. Upstairs, the first floor comprises three generously sized double bedrooms and a fourth single room, ideal as a nursery or study. A family bathroom and loft access complete this floor.
Stepping outside, the expansive rear garden has been lovingly maintained, offering an inviting space for gardening, alfresco dining, or simply relaxing in the sun. With up-to-date energy, gas, and electricity certificates, this property is ready for immediate occupation, making it an ideal choice for families.
This exceptional home combines charm, space, and plenty of potential in a thriving local community, offering a rare opportunity for buyers to create their dream home.
Tenure: Freehold | Council Tax: Lewisham band E
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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