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£675,000 Offers over
Bedrooms
Bathrooms
Impressive modern-build two bed apartment of 787 square feet, with double-glazing, recessed lighting, both bath and shower rooms, and its own private and generous courtyard garden. Owned just once, the flat is in great turnkey condition.
Kinsale Road rests just off Peckham Rye - so youll enjoy a seriously enviable position, right by Peckham Rye Park and Commons 113 acres. Peckham Rye Station is a 10 minute walk and its 15 to East Dulwich Station.
Your own front door is found from your paved low-maintenance garden area. You open directly into your large profile tiled open-plan reception/kitchen/dining room. The fitted kitchen - with island - is a cool fitted ply one, with open shelf detail and neat square white wall tiles. Appliances are integrated. There is a lot of space to zone seating and dining areas.
Moving through the apartment and first on your left is the propertys bathroom - an internal one, with inset shelves, modern white sanitary ware and smart fittings including a heated towel radiator.
Next door is bedroom two, of over 7 feet by nearly 15 feet. A built-in wardrobe features. And next door to this is your principal bedroom, of 14 feet by over 13 feet, with a fitted wardrobe and a smart en suite contemporary shower room. Both bedrooms open onto a slim terrace area.
This is a top spot for accessing central Peckham, East Dulwich and Nunhead. You have also got some strong pubs nearby in The Herne Tavern, The White Horse, The Clockhouse, Watsons General Telegraph and The Angel Oak.
Bellenden Road and Lordship Lane are both but a 10 minute walk for independent shopping and restaurants of the highest order. For cinema dates, choose from Peckham Plex or Dulwich Picturehouse cinemas.
Keeping fit? East Dulwich leisure centre is close with swimming pool, gym and classes, or sign up for British Military Fitness in the park. There is also a weekly Saturday parkrun here.
Tenure: Leasehold (approx. 118 years remaining)
Service charge: 1,607 per annum (including building insurance)
Ground rent: 300 per annum
Council tax band: D
Borough: Southwark
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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