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£450,000 Guide Price
Bedrooms
Bathrooms
'' GUIDE PRICE 450,000 - 460,000 ''
Were thrilled to present to the market this newly built detached bungalow located in the sought after Nuxley Village, the accommodation offers a total 655sqft of floorspace with off street parking for two/three cars!
As you enter, youll find some bespoke built-in storage on the righthand side which then leads into the master bedroom on the opposite side. The master bedroom benefits from a built-in wardrobe, a stylish en-suite shower room which is beautifully designed with marble effect tiling across the walls and fitted LED Mirror cabinet.
Next is the second bedroom which is an equal size also benefiting from built-in wardrobes to utilise the rest of the space well. The family bathroom suite is also stylishly designed this time with a stone-effect tilling across the walls and fitted with modern white-gloss units, a smart LED mirror and a wall niche. The open plan reception room is an inviting space with an L-shaped kitchen along the wall fitted with some integrated appliances.
This room oozes with natural light with the roof lantern and Bi-folding doors leading out to the private garden area. The landscaped garden is well thought out with a patio terrace connecting the reception room by opening the Bi-folding doors to enjoy throughout summer, an ideal spot for some garden furniture; whilst there is artificial grass section surrounding the terrace making it easy to maintain year round. Additional benefits in this home includes off street parking, a bonus garden space to the front and unlived having been newly built.
Fairmont Close is located within a sought-after area in Nuxley Village, Belvedere. Ideally located for amenities with a range of shops which includes coffee shops, cafes, boutique stores, takeaways, medical centre, and a local Sainsburys & Co-Op. There is also a great choice of parks to enjoy nearby with Belvedere Recreation Grounds, Franks Park or Lesnes Abbey Woods which host events and has plenty of history in being an important site for early Tertiary fossils.
For commuters, you can get a bus from Woolwich Road nearby directly to Abbey Wood Railway which operates the Thameslink & Southeastern Line as well as the new Elizabeth Line which has even more options into the city, fast and frequently! Bexleyheath shopping centre is also within an easy reach with the 422 bus on Bedonwell Road (nearby) heading directly there, there is even more choice in Bexleyheath with a selection of restaurants, bars, pubs, cinema, bowling alley and Danson Park to enjoy with family and friends.
London Borough of Bexley - Council Tax Band - B
Energy Efficiency Rating - C
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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