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£525,000
Bedrooms
Bathrooms
Set on the ground floor of a charming double-fronted period conversion, this spacious two-bedroom garden flat offers a perfect blend of character and modern living in a vibrant community with excellent transport links.
Thoughtfully extended, the open-plan living area features a sleek kitchen, ample space for dining and lounging, and is bathed in natural light from a skylight and bi-folding doors. These doors open onto a beautifully landscaped private garden, seamlessly connecting indoor and outdoor spacesideal for entertaining, relaxing, or gardening.
Both bedrooms are generous doubles, with the principal benefiting from bespoke fitted wardrobes. The stylish bathroom boasts a freestanding roll-top bathtub for a spa-like retreat. A separate utility room with fitted cabinetry adds convenience, while a spacious cellar provides valuable storage.
Located on sought-after Springbank Road in the Corbett Estate, the home is moments from Hither Green Station, offering fast links to central London. Families are well-catered for, with highly regarded nurseries and schools nearby. Independent cafs, restaurants, and boutique shops contribute to the areas welcoming, village-like feel, while Mountsfield Park provides the perfect green escape.
This exceptional home combines style, space, and convenienceearly viewing recommended.
Tenure: Share of Freehold (remaining lease term - 146 years) | Monthly Service Charge: 60 | Council Tax: Lewisham band B
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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