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£750,000 Guide Price
Bedrooms
Bathrooms
Set across three floors is this chain free, four-bedroom family home nestled on a quiet residential street within the desirable Corbett Estate. Known for its characterful architecture and strong community spirit, the Corbett Estate is highly sought after by families due to its proximity to popular nurseries and schools, as well as nearby green spaces, including Mountsfield and Forster Memorial Parks. The local area also boasts an array of amenities, shops, supermarkets, and enticing places to eat and drink within easy reach.
Spanning over 1,500 sqft, the entrance hall leads to two generously sized interconnecting reception rooms, with bay windows to the front along with a downstairs WC and cloak room. The ground floor extends into an open-plan kitchen and dining room, with French doors opening onto a spacious garden perfect for entertaining or simply enjoying the sun.
On the first floor, you will find two double bedrooms along with an additional bedroom as well as a four piece family bathroom. The loft has also been converted to create a spacious master suite, featuring an en-suite bathroom.
Tenure: Freehold | Council Tax: Lewisham Band D
Map location is not available for this property.
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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