4 bedroom detached for sale

£1,750,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Pepys Rd, a tree-lined residential street, runs gently up Telegraph Hill, and mid way along on the West side is this semi detached family home delivering some 2611 square feet.

The house retains some lovely period features, starting with the door and fanlight glazing and encaustic hallway tiles on entry.

The two reception rooms , divided by double doors, feature an exceptionally elegant principal fireplace and some gorgeous cornicing.

Descend to the rear addition and were into the large kitchen/diner. Well fitted with a range of deep blue units contrasting with white metro style tiling, its brimming with the usual appliances.

Up the stairs to the first floor and we have the family bathroom with a separate additional W.C.
Behind this is a lovely sized double bedroom with bay windows overlooking the rear garden.

Up again to the main bedroom at the front. More bay windows, and bedroom two is converted to an ensuite shower room and dressing/wardrobe area. Easy to restore if you need more bedroom space.

The top floor of the rear addition has two more bedrooms

Up above is a cavernous loft.

The basement is unconverted storage.

The rear garden faces South West and stretches nearly 100, and is mature, with lawned area with raised decking and shed/Summer house.

Telegraph Hill got its Conservation Area status in 2001, and is home to some of the finest housing stock and green space in S.E.London. It also lies within Zone 2, and transport options are boundless. New Cross Gate mainline and Overground are close, as is Nunhead, Brockley, and the DLR at Deptford. Buses a plenty are at the bottom of the road. London Bridge, Docklands, The East and West Ends are all oh so easy from here.

The Telegraph Hill Festival, due to begin in march, is one of Londons largest independent festivals, incorporating art, music, dance, food, a huge community musical, comedy, even a mystery - all locally produced.
Open Studios is another extremely popular event where people open up their gardens and art spaces over a weekend. The Hill Station community cafe and pizza bar on Kitto Rd by the upper park and the weekly Saturday market in the lower park are other examples of how the community pulls together.
The Hill Station cafe, nestled between the two parks, is a wonderful example of community cohesion, and is a hub for local artists, crafty types, pop ups and big community street gatherings such as the Big Sunday Lunch.

The two Telegraph Hill parks offer spectacular cityscape views, dog walking (in the upper park only), family spaces, tennis courts and the now regular weekly farmers and craft market.

School options are excellent too, with Edmund Waller Primary, and Haberdasher Askes Free primary and Secondary well regarded locally. Deptford Green Secondary is another good option.

Sainsburys at the bottom of the hill is good for the big shop, but get yourself down to Nunhead Lane for traditional Fish Mongers, Butchers, Bakery, Grocers and Deli. Keep it local!

Theres a good emerging night life that caters for the Hill-ites as well as the Goldsmiths Uni crowd. We have a fabulous Organic Hungarian restaurant, Skehans Irish bar with a Thai eatery attached, The Earl of Derby @The Telegraph (Great Sunday lunchs), Mama Dough pizzeria, and loads more in Brockley & Nunhead.




Tenure: Freehold
Council Tax Band F, LB Lewisham, 2944



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

£ 1480200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 43750
  • 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

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£

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

£ 167700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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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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