4 bedroom semi-detached for sale

£825,000

4

Bedrooms

1

Bathrooms

Floorplan

Nestled on the highly sought-after Horniman Drive, this four-bedroom semi-detached townhouse offers a move-in-ready option for buyers seeking a vibrant community with superb commuter links. Available with no onward chain, this home offers spacious interiors, convenience, and neighbourhood charm.

Located just steps from the renowned Horniman Museum and Gardens, the property enjoys a prime location within easy reach of Forest Hill Town Centre. Here, youll find an array of shops, supermarkets, and inviting places to eat and drink, creating a lively atmosphere. Forest Hill Station is conveniently nearby, providing London Overground and National Rail services for quick access to Central London, making it ideal for commuters. The area is particularly popular with families, with well-regarded nurseries and schools, including the nearby Horniman Primary School and plenty of green open spaces nearby. The Horniman Museum and Gardens offer more than just culture; with regular Sunday markets featuring local and independent vendors and a fun-filled schedule of free summer events, the community spirit is vibrant. A dedicated volunteer residents society further enhances the sense of belonging, keeping everyone up to date on local events and activities.

Newly decorated throughout, this home is thoughtfully arranged over three floors, offering generous and versatile living spaces. A spacious entrance hall welcomes you, leading to a ground-floor reception room perfect for relaxation or entertaining, a convenient home office, and a downstairs WC.

With sweeping views of the iconic London skyline from the upper floors, the first floor opens to a bright, open-plan kitchen and lounge, flooded with natural light from dual-aspect windows. This space serves as the heart of the home, ideal for everyday family life and entertaining. The second floor features three well-proportioned bedrooms and a family bathroom, with ample built-in storage throughout for added practicality.

Outside, a large, southeast-facing wraparound garden provides a sunlit sanctuary. Ideal for gardening enthusiasts, summer barbecues, or simply lounging in the sun, this outdoor space offers ample room to unwind and enjoy. The garden also presents potential for expansion (subject to planning permission), while the front driveway provides convenient off-street parking.

Tenure: Freehold| Council Tax: Lewisham band E

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

£ 683325

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 20625
  • 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

£ 64575
  • 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

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  %

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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