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Streatleigh Parade 5-7Streatham High Road, Streatham London
£850,000 Guide Price
Bedrooms
Bathrooms
Situated on the sought-after Stapleton Road in the heart of Tooting, this beautifully renovated four-bedroom, three-bathroom split-level flat spans the first and second floors of an attractive period conversion. Offering a perfect blend of character and modern living, this spacious property is ideal for families or professional. Offered to the market chain free.
Inside, the property boasts a stylish and contemporary finish throughout, with generously proportioned rooms, high ceilings, and excellent natural light. The open-plan living and dining area provides an ideal space for entertaining, while the modern kitchen is fully fitted with quality appliances and sleek cabinetry.
Each of the four bedrooms is well-sized, with ample storage, and the two modern bathrooms (one en-suite) are finished to a high standard. The thoughtful split-level layout enhances privacy and versatility.
Located just moments from Tooting Bec Underground Station (Northern Line), the property offers excellent transport links into Central London. Youre also just a short stroll from the vibrant Tooting High Road, home to a range of shops, restaurants, cafes, and local amenities, while the wide open spaces of Tooting Common are just around the corner perfect for weekend walks or outdoor activities.
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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