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233-235 Bexley Road, Northumberland Heath Kent, Erith
£575,000 Guide Price
Bedrooms
Bathrooms
Guide Price:575,000 - 600,000
This imposing detached family home is conveniently located along Colyers Lane and sits within a huge surrounding plot including a long driveway (along the side) and side garage.
As you enter the broad central hallway, youll firstly find the spacious reception room on the right; This room oozes with natural light due to the large bay window to the front, complimented with high ceilings and a charming fireplace. On the opposite side is the separate dining room which also features a fireplace and could perhaps be used as a bedroom instead as the kitchen has plenty of space for dining, providing a versatile layout.
Further along youll find the kitchen-diner currently designed with L-shaped units across the walls. The kitchen offers loads of potential to be modernised and designed to your taste; Theres also scope for a rear extension (STPP) to be added to perhaps connect the dining room and kitchen together, creating an exceptional open-plan entertainment area overlooking the garden.
The space upstairs is just as impressive, comprising access to three generous bedrooms (rare to find), a family bathroom suite and bonus separate w/c. Theres further potential to extend into the loft space (STPP) which appears to be HUGE, adding more bedrooms for a growing family.
Youll be pleased to know the garden is South-Facing and a suntrap throughout the day with an extensive plot which surrounds this detached house, especially on the right-side which could be development/extended further, as well as a outbuilding/summer house to be added at the back. This home is a great opportunity for buyers to add value by acquiring this blank canvas home with a versatile layout and tons of potential to be extended (STPP), to create an even more amazing and modern space. The owners have lived here for many happy years and are now simply looking to relocated out of London and the reason for their move.
Colyers Lane is superbly located and ideal area for families, offering access to plenty of local amenities nearby. There is great choice of parks, schools, and nurseries within the area with Pearswood Primary across Northend Road; Erith shopping centre is 0.8miles walk offering a range of boutique and branded stores, cafes, coffee shops, takeaways and Morrisons supermarket. Northumberland Heath also offers a mini-Highstreet with local Co-op & Tesco and additional stores. Bexleyheath Shopping Centre is a short journey (with the 89-bus stop along the road), offering even more choice with a cinema, bowling alley, a selection of restaurants and bars for some night-life entertainment. Slade Green Station is only 0.8miles walk operating the Southeastern Line to London Canon Street via London Bridge, and only three stops away (sometimes direct) from Abbey Wood from where the fast and frequent new Elizabeth line offers more options into the city and further afield to Heathrow Airport and Reading.
We strongly recommend seeing this home in person to really appreciate the full potential it has to offer, please call our office on to arrange a viewing or ask any questions.
Tenure Freehold
London Borough of Bexley - Council Tax Band - E
Energy Efficiency Rating - D
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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