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£1,590,000 Guide Price
Bedrooms
Bathrooms
Resting at the foot of one of the Telegraph Hill Conservation Areas principal streets, this five bedroom semi-detached home is a model of timeless elegance.
Beautifully proportioned, and with a South West facing garden approaching 80, she comes to the open market for the first time in 45 years and is offered CHAIN FREE!
Parking is on street and unrestricted, and the main entrance is via the beautifully tiled porch and originally glazed front door.
Inside, we are welcomed into the hallway, with original geometric encaustic tiled floor, cornicing and corbels, and elegant high ceilings and skirting
Swing right into the main reception room, opening up to a whopping 30 long. Its light and bright, enhanced by the big front bay, glazed doors to the garden and neutral decor. The replacement timber framed double glazing keeps things quiet and toasty.
Period style includes an epic red marble fireplace, cornicing, picture rails and ceiling roses.
Back into the hallway and we descend a few stairs to the kitchen, compact and fully fitted and ready for expansion if thats your thing. Another access point to the garden from here too.
An opening draws us into a lovely big dining room with bay french doors to the garden. Theres more period finery in here, including a stripped wooden floor with an outstanding patina.
Ascending to the first floor, theres a great sized double bedroom overlooking the garden, with a handy en-suite shower room. The main bathroom is next door, with a white three piece suite plus a shower cubicle.
Up again to the split level top floor where we find the huge main bedroom to the front, massively bright thanks to the bay and further sash windows, North East facing for lovely morning light. Behind is bedroom two, again a good double.
Up a few steps and we arrive at bedrooms 4, a great double overlooking the garden, & 5 - a perfect office, nursery or second bathroom.
Theres a full basement with doors to the garden and street. The rear room, with toilet and large butlers sink, is the laundry. The front room is an artists studio. Up top is a huge unconverted loft.
The rear garden is well established and cared for, with a family friendly lawn, and the side access is a huge bonus for bikes and future works etc.
Getting around is a breeze: New Cross Gate station is less than 5 mins away, for mainline trains into London Bridge in 7 mins, and Overground trains (Weekend 24 hours) connecting to, well, pretty much everywhere. Theres a plethora of buses and night buses just down on New Cross Rd.
A really exciting project is the planned Bakerloo extension, which will join New Cross Gate & Lewisham to the tube network.
Local schools are a big draw to the area. Haberdashers Askes Free Primary & Secondary, Edmund Waller Primary, and Deptford Green Secondary are all popular. Some excellent nursery options around too.
Community is a big thing on the Hill, and the hub is the Hill Station cafe which puts on great art and music events, hosts a great pizza place and is hugely popular. The parks were refurbished some years ago, thanks to the local Telegraph Hill society, and are both great spaces with a weekly food/craft market, great views over the city. Theres a skate park, play area and baby/toddlers group, all community driven and led.
Another fabulous community event is the annual Telegraph Hill Festival, approaching its 30th anniversary. Its an eclectic programme of music, dance, comedy, pop up events, art and craft shows, mysteries and a huge musical extravaganza performed by a cast of all local talent nearing the hundreds!
Shopping wise youre minutes from Nunhead Lane, with a superb fish mongers, long established bakery, butchers and grocers, and of course the big Sainsburys is just over the road.
Council Tax: LB Lewisham
Band F: 2944
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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