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Streatleigh Parade 5-7Streatham High Road, Streatham London
£700,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 700,000 -725,000
This three bedroom end-of-terraced house on Edgehill Road is perfect for those seeking a spacious family home or a potential development opportunity.
With 1235 square feet of internal space, the property features an L-shaped through lounge that flows effortlessly into a modern, open-plan fitted kitchen, creating a welcoming living area ideal for both relaxing and entertaining. On the first floor there is a modern fitted bathroom, two generous double bedrooms and one single bedroom, ideal for families, guests or home working.
The property is in good order throughout, having benefited from refurbishment within the last few years while still offering further potential for development and personalisation. A large garden provides ample space for outdoor enjoyment, and the 17 foot double garage to the side offers clear scope for extension, subject to planning permissions. Off-street parking completes this well-proportioned home, which is full of possibilities for a buyer with vision.
Located within walking distance of Mitcham Eastfields Station, this home offers direct links to London Victoria and Blackfriars, making it ideal for commuters. Streatham Common Station is also close by, providing services to London Bridge and Clapham Junction. With local amenities, green spaces and transport links all within easy reach, this is an exciting opportunity in a well-connected and growing part of South London.
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.
Streatleigh Parade 5-7Streatham High Road, Streatham London
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