1 /10
£340,000
Franklin Close, West Norwood, SE27
- 3 beds
Under offer/SSTC
£340,000
- 3 beds
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Estimate monthly mortgage payment:
£1,552 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£17,000
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The property consists of a large lounge with access to a balcony which has views across south London and into the city. The kitchen is of a good size with the ability to add a small dining table. There are 3 bedroom on the second floor, two small doubles and one large bedroom. The property has a family bathroom with separate wc. In the hallway there is a very large cupboard with ample storage space.
The dwelling is in need of some refurbishment and suits both investor and first time buyer seeking to have a lodger. At present market conditions the property could achieve a rental yield of approx 5.5% once small cosmetic works have been carried out. The property is situated in a residential area with good transport links into neighbouring towns. West Norwood Train Station is under 0.3 miles and gives access into central London within 25 minutes. West Norwood has a host of amenities ranging from supermarkets to cafe�s bars, to Libraries.
Service charge approx £1200pa
Lease length 99 years
Ground rent £10
This property must be seen to be appreciated
The dwelling is in need of some refurbishment and suits both investor and first time buyer seeking to have a lodger. At present market conditions the property could achieve a rental yield of approx 5.5% once small cosmetic works have been carried out. The property is situated in a residential area with good transport links into neighbouring towns. West Norwood Train Station is under 0.3 miles and gives access into central London within 25 minutes. West Norwood has a host of amenities ranging from supermarkets to cafe�s bars, to Libraries.
Service charge approx £1200pa
Lease length 99 years
Ground rent £10
This property must be seen to be appreciated
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£1,552 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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