5 bed detached house for sale

£875,000 OIRO

5

Bedrooms

4

Bathrooms

2

Reception

Floorplan

We are delighted to bring to market this lovely five bedroom detached house which is located on the highly sought after Mackenzie Road in Beckenham.

This is the lovechild of an world renowned architect inspired by culture and tradition. Unlike all similar properties in the area this property boasts two en-suite rooms and an additional two bathrooms over the spacious three storey property (including a Jacuzzi in the main family bathroom).

Beginning with the ground floor:
You are introduced to a brilliantly light reception room with a large bay window perfect for the family setting or entertaining guests. Following on from that there's a large kitchen and dining area which hosts a large array of beautifully kept kitchen storage units with an inbuilt oven. This leads on into the large well kept garden which has a small patio area surrounded on the left by a newly fitted fence.

The floors above:
As stated the above floors above boast four bathrooms, exclusive to the Beckenham detached market. With four good size double rooms and only one single room. You'd be hard pressed to find something similar within the BR3 area.

Located within easy reach of Clock House, Kent House and Birkbeck mainline stations as well as Avenue Road Tram station.

There are also numerous good school options including Harris Academy, Churchfields and Balgowan making this a perfect home choice for commuters and families. Beckenham Town Centre provides a fantastic choice of restaurants, bars and cafes as well as a good array of shops and other amenities.

Viewings are considered essential in order to fully appreciate the standard of accommodation on offer.

Nearest Stations:

0.04 miles
Avenue Road
0.31 miles
Birkbeck
0.35 miles
Beckenham Road
0.43 miles
Kent House
0.43 miles
Clock House

Map location is not available for this property.

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

£ 724575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 21875
  • 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

Adjust these figures

£

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

£ 68325
  • 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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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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