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£940,000 Guide Price
Bedrooms
Bathrooms
In 2013, my clients arrived with purpose and vision and set about transforming this three bedroom, period terraced house into the modern, spacious, multifunctional home we see before us.
It helped that one of them is an architect, and so impressive design of usable space with light, adaptable rooms and good eco credentials was second nature.
Want More? Youre also going to get pre-approved planning consent for this:
Construction of an extension to the basement, sunken courtyard and terrace area to the rear elevation and the installation of rooflights to the side and rear outrigger, double-glazed doors and solar panels to the rear elevation. See Lewisham Councils planning website, Ref DC/23/130131
All of this sits perfectly with an exceptional location for transport into the City, West End, Stratford, and up to Highbury & Islington, and for families, a broad range of good primary & secondary schools.
Green space is plentiful too. The two Telegraph Hill parks, Eckington Gardens, Greenwich Royal Park and Blackheath all within easy reach.
Brocklehurst Street lies within the Hatcham Park Conservation Area, and the house itself sits at the Southern end of the street, which puts you less than 10 minutes walk from New Cross Gate station for fast, one stop access to London Bridge, along with the Overground Line. Free, on-street parking is a welcome bonus.
We enter into the hallway, and the immediate sense of space, light and flow is striking as we are welcomed into a wide, open plan living space. Whats clever here is if you want to re-partition to make two rooms, its easy-peasy.
The highlight of the house is the extended kitchen/dining/social space. An ultra-modern fitted kitchen is sleek and the natural warmth of the timber cabinetry compliments things nicely. Again, flow and light are premium features.
Theres a handy ground floor W.C. in the hallway, and a useful storage/wine cellar.
Moving upstairs, we have the three neutrally presented bedrooms, the main one having cleverly designed wall to wall fitted storage, and the family bathroom.
The rear garden is a luscious 70 or so long, with a decked area and meandering path that leads you through well stocked borders and raised planters.
Theres plenty going on around SE14 too. The aforementioned Telegraph Hill Parks host a weekly farmers market, tennis courts and superb city views, and the Hill Station Community Cafe sandwiched (sorry!) in-between them is a hive of activity and events.
Goldsmiths Uni has a well regarded art gallery, and theres a healthy live music scene here.
School options for families are really good. Temple Grove, Haberdashers Askes Free and Edmund Waller Primaries are all nearby, and Deptford Green and Askes secondaries are well rated.
Freehold
L.B. Lewisham Council Tax Band D (2135)
Map location is not available for this property.
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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