4 bedroom town house for sale

£865,000

4

Bedrooms

1

Bathrooms

Floorplan

This stunning four-bedroom Victorian townhouse presents an excellent opportunity for buyers seeking a stylish, move-in-ready home in a vibrant neighbourhood.

Situated on one of Sydenham and Forest Hills most desirable no-through roads, the property is arranged over three floors and has been tastefully updated by the current owners while retaining period features, including sash windows, original fireplaces, and hardwood flooring.

Upon entering, you are welcomed into a beautifully designed open-plan lounge with a working wood burner and a dining area. This space flows seamlessly into a sleek, contemporary kitchen, which provides access to a private raised garden.

The first-floor landing is bright and airy, leading to two well-proportioned bedrooms. One of these bedrooms benefits from a sun terrace, offering a secluded outdoor retreat. A modern four-piece bathroom suite completes this floor, providing a comfortable and stylish space. The second floor features two additional bright and spacious bedrooms.

Mount Ash Road benefits from free on-street parking and is approximately a 12-minute walk from Forest Hill and Sydenham stations, both offering frequent National Rail and London Overground services.

The area is well-served by a range of nurseries and falls within the catchment for sought-after schools, including Eliot Bank Primary School.

For outdoor enthusiasts, Sydenham Wells Park, Crystal Palace Park, Dulwich Woods, and Dulwich Park offer excellent nearby green spaces. Additionally, the Horniman Museum and Gardens, known for its expansive grounds and popular Sunday market featuring local and independent vendors, is located within approximately a 10-minute walk.

Tenure: Freehold | Council Tax: Lewisham Band D

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

£ 716325

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
    £ 21625
  • 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

£ 67575
  • 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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