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233-235 Bexley Road, Northumberland Heath Kent, Erith
£500,000 Guide Price
Bedrooms
Bathrooms
'' GUIDE PRICE 500,000 - 525,000 ''
This luxury modern townhouse is located within the sought after The Quarry eco-friendly development by L&Q near Erith Station, built circa 2020. The accommodation offers a huge 1275sqft of internal floorspace split over three levels with allocated parking space directly outside.
As you enter the welcoming hallway, youll find a huge open-plan living space on the left with an impressive stylish kitchen fitted with integrated appliances, under-lighting, and matching wall units offering plenty of workshop space. The owners are currently using the living space as a large dining area but could easily be used as a reception room giving you a bonus fourth bedroom upstairs suiting a larger family. This room leads out to the beautifully landscaped south facing garden fitted with a patio section to start with (ideal for garden furniture and barbeque spot) followed by artificial grass for easy maintenance throughout the year. There is also access to a handy downstairs w/c with another storage/utility room with plumbing for a washing machine.
On the first floor youll find access to two double bedrooms (or bonus reception room) with a family bathroom suite. The top floor comprises another two huge bedrooms with the master bedroom benefiting from a modern en-suite shower-room! Whilst both bedrooms also have built-in storage and lovely views.
This modern home still has a few years remaining on the 10-year NHBC new build warranty and designed as an eco-friendly home making it ideal for anyone looking to move straight into and looking to keep their annual cost to a minimal. Additional benefits include solar panels, air source heat pump, underfloor heating throughout, electric charging points, double glazing, and allocated parking space.
Ballast Road (The Quarry) is conveniently located with an onsite local Sainsburys for your essentials, offering tranquil surroundings which the owners described as a real friendly community. Eriths Riverside shopping centre nearby has a range of boutique stores, branded shops, cafes, coffee shops, restaurants, and a Morrisons supermarket. The development has an onsite primary school with a great choice of schools also available locally. You can also find the Riverside Gardens currently under-development to enjoy in future by the riverside towards Erith station. For commuters, Erith Station is 1.0m walk with options into London Bridge, Woolwich Arsenal for the DLR or the popular Abbey Wood Railway is only two stops away serving the new Elizabeth Line with has even more choice into the city, fast and frequently!
London Borough of Bexley - Council Tax Band - D
Energy Efficiency Rating - B
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.
233-235 Bexley Road, Northumberland Heath Kent, Erith
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