5 bedroom terraced for sale

£1,100,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

A beautifully extended and meticulously designed five-bedroom family home offering over 2,000 sq of living space, set on the ever-popular George Lane. This elegant Victorian semi-detached house blends period charm with sleek modern finish and reclaimed touches across three generous floors, creating a home thats stylish, incredibly spacious and highly functional.

Once inside the striking solid oak door, a welcoming hallway leads to two bright reception rooms with cork flooring, reclaimed library doors and custom birch ply shelving. The rear space flows into a striking open-plan kitchen/diner flooded with light and featuring custom restaurant worktops, island with integrated units and stainless worktops and tri-fold doors opening onto a landscaped gardenideal for family life and entertaining.

The first floor offers four versatile rooms and a beautifully finished, light filled family bathroom with walk-in shower and seperate deep bath. The top floor is a full loft conversion, providing two further bedrooms (one with Juliet balcony), a second bathroom with roll top bath and shower, as well as ample eaves storage. Outside, the garden includes a patio, lawn, and raised play area. A large cellar and storeroom offer further flexibility, one room offering headheight and the potential for further use.

On living in the property, the current owners say 'We have refurbished this house to create the ultimate family house, the size, space and light here are unlike anywhere else weve ever lived in London. The community and calm of Hither Green, being 2 minutes away from Mountsfield and great schools make it idyllic and our family have loved living here - being 20 minutes into central London is also a massive plus for commuting'. George Lane is on the same road as Mountsfield Park, 5 minutes from 3 exceptional schools and 10 minutes to Hither Green and Ladywell stations as well as an array of shops, cafs and amenities. Early viewing is highly recommended - Get in touch now!

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 906450

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 27500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 81450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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