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£1,400,000
Bedrooms
Bathrooms
A bright, spacious and exceptionally wide four double bedroom family home with a bonus study/occasional 5th bedroom in the attic with very private South West facing garden equidistant between Lordship Lane and Dulwich Village.
This meticulously maintained home offers over 1,825 sq. ft of internal space. The 33-ft bay-fronted double reception room features stunning original panel doors, beautiful fireplaces, and intricate cornicing. Upstairs, youll find a modern family bathroom and four comfortable double bedrooms, including an ensuite shower room in the principal bedroom. Theres potential to extend the ground floor further and convert the loft into a dormer, subject to planning permission which would create two smaller bedrooms and a bathroom (STPP).
Glengarry Road, just off East Dulwich Grove equidistant between Lordship Lane and Dulwich Village, which offers easy access to The City and West End via East Dulwich station (0.3 miles) and North Dulwich station (0.6 miles), along with convenient bus and cycle routes through Dulwich Village, Herne Hill, and Peckham Rye. In addition to the highly regarded private Dulwich schools and sports grounds, there are excellent primary and secondary schools, parks, and green spaces nearby. Enjoy a variety of independent shops, bars, restaurants, and boutiques along Lordship Lane, North Cross Road, and in The Village.
INFORMATION AND SERVICES
Tenure: Freehold
EPC: D
Council Tax Band: E
LOCAL AUTHORITIES: London Borough of Southwark
Services: Mains water and gas, electricity.
Fixtures & Fittings: Curtains, fixtures and fittings not mentioned in these particulars are not included. Various items may be available by separate negotiation.
Viewing: By appointment via Truepennys.
Truepennys Property Consultants Ltd. for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord or Truepennys Property Consultants Ltd., (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the landlord does not make or give either Truepennys Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to 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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