3 bedroom flat for sale

£795,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Compelling and commanding three bedroom period maisonette, occupying three floors of a grandiose VIctorian Semi detached house.

Spanning 1230 square feet (or 114.2 square metres in new money), and sitting towards the top of the Telegraph Hill Conservation Area, theres lots of light and space, but well start outside, where you have the rarity of an off-street parking space.

The front steps and main entrance are yours exclusively, and we enter into the hallway with traditional encaustic geometric tiling, then its up the stairs to the first floor rear landing.
Here we have bedroom two. A fine double, overlooking the rear garden, with neutral decor and lots of light coming in through the twin sash windows.
Next door is the bathroom, family sized and family fitted, with a free standing roll topper and separate shower cubicle.
Good natural light in here too, and the traditional feel continues with metro style wall tiling in white, and geometric floor tiling reflecting the entrance hall.

Up to the first floor front landing, and we enter into a magnificent living dining space. Bay sash windows, high ceiling and skirtings, picture rails and a spot-on feature fireplace ooze period style, and the classy boldness of the dark blue and contrasting white decor complete the picture. At nearly 20 across and over 16 into the bay, its certainly stately enough!

Behind this we find the kitchen/diner. Very nicely fitted with light grey shaker style units, and integrated appliances.
The large South-East facing window floods with morning light, and theres plenty of room for the family dining table.

Up again to the second floor rear landing where we find bedrooms 1 and 3. The main bedroom is again a very good double, overlooking the gardens, and this one comes with an array of built in closetry. Super bright via the twin sashs,

Last up is bedroom three. Supremely versatile as a nursery or childs room, guest bed or WFH space.

The rear garden is an absolute delight of over 72 (22 metres), with lawned area, al-fresco dining space and tool shed.

So whats around? 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.
A 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!

A short walk away, Nunhead lane is bedecked with well established independent shops such as Sopers Wet Fish Shop and Ayres Bakery, plus some relative newbies like the super eco friendly BYO refillery and the uber cool EL Vermut bar. Lots of bars and eateries down on Queens Rd, such as Blackbird Bakery, Beer Rebellion,Kudu and Mama Dough. You get the picture.

Transport is dreamy, with New Cross Gate, Nunhead and Brockley stations all super easy on foot, all Zone 2 and on the main line into London Bridge and the Overground for greater connectivity, and can whizz you out to deepest Kent and Surrey for the weekend walks.
The 343 Bus to/from London Bridge is a 24 hour service and comes past the door.
A really exciting project is the planned Bakerloo extension, which will join New Cross Gate & Lewisham to the tube network.

Deptford market is well worth a trawl, and a little farther afield is Maritime Greenwich and Blackheath, separated by some fabulous green space.

Leasehold: 101 Years Remaining
Ground Rent: 10 p.a.
Service Charge: 130 (2023/4)
Council Tax: LB Lewisham Band C 1812.00 2024/5





Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 658575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 62325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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