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£550,000 Guide Price
Bedrooms
Bathrooms
'Guide Price 550,000 to 575,000'
'' CHAIN FREE ''
This well-presented bungalow is superbly located near Nuxley Village offering an impressive 1262sqft of floorspace as part of a loft-extension. As you enter into the hallway, youll find access to two of the four bedrooms on either side, both generous sizes with one of the bedrooms overlooking the rear garden. Further along is a separate w/c and the family bathroom suite, which are both smartly presented. The kitchen is stylishly designed with a mixture of grey & white units offering plenty of worktop space with some integrated appliances and complimented with metro-tiling backsplash. You can also access the lovely maintained landscaped garden which has a garden shed at the back, garage along the side and a decking area ideal for some outdoor furniture; the garden is also a suntrap throughout the day due to the East to West facing orientation! Next is the huge through-lounge which comfortably fits large sofas with a separate dining area and has a charming fireplace, making a great entertainment space to enjoy and relax. The second bedroom sits alongside and is the original master bedroom which is a great size and with a dual aspect making it naturally light throughout. The hallway also has stairs leading into the converted loft space which has access to an en-suite shower room and is a spacious room with some bespoke shelving across the room. Theres further potential to extend further into loft to create an even wider space or perhaps a 5th bedroom, or perhaps a rear extension for an open-plan living arrangement. Additional benefits include gas central heating and combi boiler, updated electrics, double glazing throughout and a garage.
Harold Avenue is well located with Nuxley Village which has a range of shops, cafes, takeaways, local co-op. For families, there is a selection of schools nearby, and plenty of parks to enjoy with Lesnes Abbey Woods 0.3m which hosts events and has interesting history of being an important site for early Tertiary fossil. Very handy for commuting too with a variety of bus routes, Belvedere Station 1.0m away, or alternatively Abbey Wood Railway 1.3m away which has the new Elizabeth Line with even more routes into the city, fast and frequently. Bexleyheath Shopping centre is also within a short commute which has even more choice of entertainment with a cinema, bowling alley and a variety of nightlight entertainment with restaurants, bars, clubs, and pubs to enjoy.
Were expect this bungalow to be a popular choice, please call our office to arrange a viewing or ask any questions!
London Borough of Bexley - Council Tax Band - C
Energy Efficiency Rating - E
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.
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