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Streatleigh Parade 5-7Streatham High Road, Streatham London
£880,000
Bedrooms
Bathrooms
This four-bedroom Victorian house, spread across three floors with an additional basement, offers an expansive living area of over 1700 square feet. Offered to the market with no onward chain.
The property features four spacious double bedrooms, providing ample accommodation for families or those who desire extra space. Inside, you will find three generously sized reception rooms, perfect for entertaining guests, relaxing, or creating a home office. The house also includes two bathrooms, conveniently located on the first and second floors.
Positioned just moments away from the bustling local amenities of Brixton Hill, this home offers easy access to daily essentials and community services. Furthermore, it is within close proximity to an excellent array of shopping and entertainment options along Brixton Road and Streatham High Road, ensuring that residents can enjoy a diverse range of experiences without venturing far from home.
For those who need to commute, the property is well-served by public transport. Several bus routes and the nearby Brixton Underground Station provide quick and convenient connections to central London and beyond. This combination of ample living space, convenient location, and excellent transport links makes this Victorian house an ideal choice for comfortable and connected urban living.
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.
Streatleigh Parade 5-7Streatham High Road, Streatham London
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