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£825,000 Offers over
Bedrooms
Bathrooms
Bordering the Culverley Green Conservation Area, and just 10-15 minutes walk from Bellingham, Catford and Catford Bridge train stations, is this end of terrace Edwardian house.
Extended into the loft to provide 5 bedrooms and two bathrooms, you also get two receptions, fitted kitchen and utility room with WC, conservatory, garage and off street parking on the front for two cars.
Entering into the hallway, the main reception sits to your left, and is a bright, bay fronted room with some traditional features. Behind this is reception two, currently the family dining space, leading on to the conservatory.
The galley kitchen is at the end of the hallway and is well fitted, and the utility room, with a handy WC, lies beyond.
Up to the first floor we find the three original bedrooms and family bathroom, then its up again to the extended loft to bedrooms 4 & 5, along with a neat shower room.
Outside, the rear garden faces mainly East, with a Southern bias, and is patioed and perfect for entertaining. It is also home to the garage and theres a very handy side gate for bikes etc.
Schools wise, Torridon, Rushey Green, Holy Cross & Sandhurst Primaries are all nearby, along with Little Elms Pre-school. For Secondaries, Conisborough College and Greenvale are your nearest.
Lots of green space around too, including Beckenham Place Park, Forster Memorial and Hither Green Cemetery.
Catford & Lewisham are your main shopping centres.
Council Tax Band E
LB Lewisham 2491 p.a.
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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