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£835,000
Bedrooms
Bathrooms
Fabulous upper-floored three double bedroom maisonette of 1132 square feet (its big!), with a sunny private west-facing garden. Find your new home within a handsome flat-fronted Victorian townie, on raised ground and first floors, with its own front door. A share of Freehold seals the deal.
The street? Is a tree-lined no-through one, that puts you just a few minutes from Queens Road Peckham Station (Fare Zone 2 with mainline and Windrush line services). Peckham Rye Station is a 13 minute walk.
Your own front door is at raised ground floor level. Youll note high-ceilings when you step in the hall. Two doors on your right reveal a double-reception with an east-west (artists favourite) orientation, meaning great light throughout the day. Your front room is over 13 feet by nearly 13 feet. Reception two is over 12 feet by over 11 feet. Walls are fresh and white.
Past your under-stairs cupboard (perfect for coats and stuff), your kitchen rests ahead at the back of the building. It is over 12 feet by nearly 9 feet, in a generous galley-style with fitted modern wall and base units, and with a double-aspect. Access your garden from a sturdy steps from the back door here. This has decked, paved and lawned areas and is prettily framed by mature trees in neighbouring gardens. Its westerly orientation gives you enviable afternoon through to early evening sun.
Up to the first floor and to the rear you have your delightful large bathroom - with windows to two walls, a three piece white suite, and an independent shower.
Three neat double bedrooms in warm hues complete the tour. These are over 11 feet by over 9 feet, 13 feet by over 8 feet, and nearly 13 feet by over 8 feet. All pleasingly have original wooden floors. And as throughout, the windows are double-glazed.
The area around QRP Station has its own established little scene now - we like Peckham Cellars, Beer Rebellion, Blackbird Bakery, and Well & Fed. All are within five minutes of your door! 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.
For more options, New Cross (dont miss contemporary art gallery Goldsmiths CCA here), Nunhead, East Dulwich and Deptford are all close.
There is a sweet 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 schools include Edmund Waller (3-11) and Haberdashers (3-18).
Tenure: Share of Freehold
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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