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£1,799,995 Guide Price
Bedrooms
Bathrooms
A Grand & Glorious double fronted semi detached period beauty, located on one of the principal Brockley Conservation Area streets. In need of minor cosmetic updating, this property is stacked with development potential (subject to consents), offering an extremely exciting opportunity for the right buyer.
Traditionally 7 bedrooms, three receptions and three bathrooms, shes currently arranged as an HMO with 10 bedrooms.
Theres a cellar, and the garden is West facing with a garage at the end.
An ideal purchase for those seeking a sizeable family home, multi generational living space, investment or possible conversion project.
Brockley and St Johns are your nearest stations, for easy access into London Bridge and the Overground.
For high street shops and cafes, youve got Brockley and Ladywell town centres on hand. Try The Orchard, LOculto, Joyce and Brickfields (Brockley), and Mamma Dough, The Ladywell Tavern, The Larder and Oscars coffee shop (Ladywell).
Hilly Fields is a fabulous, sprawling green space perfect for family walks, Sunday jogs, brunch in the cafe, admiring great vistas etc.
Local schools include Ashmead & Myatt Garden Primaries, or Prendergast, Haberdasher Askes and Deptford Green are some secondary options.
If youre coming from an investment perspective, Goldsmiths Uni is very close.
Council Tax Band D: LB Lewisham, 2038.00 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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