Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
£500,000
Bedrooms
Bathrooms
Tucked away on a tree-lined, residential road between East Dulwich and Dulwich Village. This bright period conversion with private garden flat would make a great first time home and is located in a quiet residential street close to the shops and bars on Lordship Lane.
The property has been tastefully decorated throughout comprising of reception room with built in bespoke storage units and tall ceilings which leads through into a well appointed kitchen flooded with light which opens out into the private sunny garden. The modern bathroom sits at the rear of the flat. The bright double bedroom has a large bay window. The landscaped garden has a large patio and features decked sun area perfect for alfresco dining. The flat boasts a large cellar perfect for storage!
Located just off East Dulwich Grove, it is close to local shops, East Dulwich station and within a short walk of Lordship Lane in one direction and Dulwich Village the other. Lordship Lane maintains its popularity as a destination with its ever increasing selection of independent shops, restaurants and pubs.
Dulwich Village is close by with its excellent schools, shops, the famous picture gallery and popular golf course. Rail links to central London are easily accessed from East Dulwich, North Dulwich (London Bridge) and Herne Hill (Victoria / Blackfriars) stations. At the bottom of the road is the 37 bus directly to Brixton.
INFORMATION AND SERVICES
Tenure: Leasehold - 151 Years remaining (from 2025)
Service Charge: 575 per annum approx.
Ground Rent: 0
EPC: D
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.Truepennys Property Consultants 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/Vendor or Truepennys Property Consultants, (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/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor 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. (6) any computer-generated images, virtually staged images, artists impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which may be present at the time of inspection.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy
