4 bedroom semi-detached for sale

£625,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

'' GUIDE PRICE - 625,000 - 650,000 ''

A simply stunning family home located within a sought-after area on the cusp of Bexleyheath and Nuxley Village, the accommodation offers a huge 1614sqft of floorspace as part of a rear and loft extension which has been beautifully renovated with high spec design throughout.

As you enter the bright and airy hallway youll find access to a handy separate w/c directly ahead, the through-lounge is impressive space with a charming bay window with plenty of space for large sofa and dining area. The lounge further leads into the rear extension forming an open-plan living space with a stylish kitchen design, and a Quartz-Island in the middle with some drop-down lights and finished with large stone-effect tilled flooring.

The modern kitchen has some premium integrated appliances fitted including a Quooker Tap, oven, microwave, fridge freezer, dishwasher, and access to a hidden utility room. The large sliding doors leads out to the landscaped garden which has a nice paving area wrapped around the lawn section, ideal for some outdoor furniture and a barbeque spot. On the first floor, youll find the original layout which consists of three bedrooms (two doubles and a generous single) and a luxury four-piece family bathroom complimented with matt black units and a walk-in shower.

The owner has extended into the loft space to create the huge master bedroom benefitting from a Juillet balcony and another stylish ensuite shower to suit modern living style! Additional benefits include off street parking, double glazing, updated electrics, gas-central heating and offered chain free!

Luddesdon Road is well located with plenty of local amenities nearby, there are a few local stores along Parsonage Manorway, including several takeaways, cafe and a new Co-Op. Nuxley Village is 0.6m walk which offers even more choice of shops, cafes, takeaways, Local Sainsburys & Co-Op, post-office, and boutique stores.

The Pantiles nearby also has a parade of shops with the popular local gastro pub The Earl Haig serving food daily with a beer garden to enjoy in the summer! The area is well suited for families with a selection of schools nearby to choose from including nurseries & primaries. Bedonwell Road also has bus-stops nearby heading directly towards Bexleyheath Shopping Centre which offers a range of branded stores, restaurants, bars, cinema, and a bowling alley to enjoy. In the opposite direction, you can reach Belvedere Station which operates the Southeastern Line into London Bridge; Its just one stop away from Abbey Wood with the new Elizabeth Line with even more options into the city, fast and frequently.

We expect this home to be a popular choice due to location and has been priced to sell! Please call our office to arrange a viewing or ask any questions on .

Tenure Freehold
Energy Efficiency Rating C
Council Tax Band D

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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

£ 518325

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 15625
  • 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

£ 49575
  • 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

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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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