4 bedroom for sale

£1,250,000

4

Bedrooms

2

Bathrooms

Floorplan

Smart and thoughtfully-modernised Victorian townhouse delivered over three full floors and 1626 square feet. You have two reception rooms, four double bedrooms, and both bath and shower rooms, plus an independent utility room.

A west-facing (hello sunshine!) and well-established rear garden completes matters. More good news? Your organised sellers have lined up their onward next home purchase already.

Find your new address on a quiet and tree-lined no-through street which places you winning-at-life close to Queens Road Peckham Station (you are 3-4 minutes from the platform) and the cool local independent businesses which hug it.

Additionally, there are brilliant bus routes at the top of your street, and Peckham Rye Station is a 13 minute stroll.

Your front door is at raised ground floor level. You open directly into the big and bright dining space, of over 17 feet by over 12 feet (if you preferred, this could be your sitting room). This is open-plan to the modern fitted kitchen. This has cool stainless steel fronts. Sash windows face east and west, so you get good light throughout the through-room, all day long.

A double-aspect fourth bedroom (currently used as a study/garden room) rests at the rear of this floor. It is over 10 feet by over 8 feet, with French doors to a raised deck - where a few stairs lead down to the garden proper.

The lower ground floor hosts a bedroom to the front of the house (a sizeable double, at over 16 feet by over 12 feet), a large sitting room (of over 16 feet by nearly 13 feet) with double-glazed French doors pleasingly taking you out to the garden, and a neat shower room, with a plumbed utility/laundry room next door.

Up to the first floor and from the half-landing (with space for a desk), youll find your bathroom. This has a modern white suite with over-bath shower, and a large built-in cupboard for towels, toiletries and stuff.

At the top of the house are the rest of your bedrooms. Your principal, across the front, is over 17 feet by over 12 feet, with a pair of sash windows, and with built-in wardrobes to the near wall.

Next door is a final respectable double, of 13 feet by over 11 feet.

The area around QRP Station has its own established scene: we like Peckham Cellars, Beer Rebellion, Blackbird Bakery, Well & Fed and DKUK hair salon (cuts in front of art!) especially. All are within five minutes of your door, as is a handy Tesco store. In the stations arches, popular newcomer businesses include Eagle Eats Bakery, Queens SE15 (Italian bar & tapas) and a More Yoga studio.

Walk a little further for The Meeting House (cafe through to wine bar) and Naifs (family-run Michelin- recommended vegan restaurant).

Walk 12 minutes to Rye Lane, 13 to Peckham Rye Station, and 15 to Bellenden Road. Rye Lane is home to hip rooftop bars, a cinema (with 5.99 films), regular pop-ups and handy high street shops. Bellenden Road has top restaurants such as Artusi, Ganapati and The Begging Bowl. Blenheim Grove has good spots as well (examples - Levan, Il Giardino and Hausu).

For more options, New Cross (dont miss contemporary art gallery Goldsmiths CCA here), Nunhead, East Dulwich and Deptford are all close.

There is a community garden at the end of the street. And local parks include Brimmington, Telegraph Hill, Peckham Rye, Burgess and Southwark. Or jump on the bus for Greenwich Park plus attractions, and The Thames of course.

Kids? Local popular ones include Edmund Waller (3-11) and Haberdashers (3-18) ,and STAC Boys Secondary

Tenure: Freehold
Council tax band: E
Borough: Southwark



Features
  • Freehold

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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

£ 1037700

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

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 31250
  • 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

£ 100200
  • 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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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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Notes

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