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£950,000
Bedrooms
Bathrooms
Located on a quiet residential street in the heart of Forest Hill, this four-bedroom terraced home offers generous space, excellent natural light, and a private rear garden - ideal for growing families or those looking for a home with great potential to personalise.
The ground floor features a bright front reception room, a separate dining area, and a spacious kitchen diner with direct access to the garden. There is also a convenient ground-floor shower room, utility area, and plant room. Sustainability has been thoughtfully considered, with solar panels, a solar water system, and an air source heat pump helping to reduce energy costs and environmental impact.
Upstairs, four well-proportioned bedrooms are complemented by a modern family bathroom, creating a layout thats both practical and versatile. The rear garden is easy to maintain and perfect for outdoor dining or gardening, while a secure bike shed at the front adds extra convenience for cyclists. Residents also benefit from unrestricted on-street parking.
The location is a major highlight - just a short walk from Honor Oak Park Station, offering direct trains to London Bridge, Canada Water, Whitechapel, and Highbury & Islington. Crofton Park Station is also close by, providing services to Blackfriars and beyond. Forest Hill itself is known for its strong community spirit, leafy green spaces, and vibrant local amenities, including the Horniman Museum and Gardens, independent cafs, shops, and highly regarded schools - making it a perfect choice for family life.
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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