5 bedroom semi-detached for sale

£725,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

Positioned in one of the most sought-after tree lined roads in Sidcup, Marlborough Park Avenue - is this superb five bedroom extended, semi-detached Chalet house, within walking distance to the Oval shopping Parade as well as a short walk to Sidcup train station.

Boasting substantial living accommodation, on entering you discover a fantastic sized hallway, bright reception room with bay window and front study/bedroom. The ground floor bathroom offers a modern freestanding bathtub and WC. The fully fitted large kitchen/diner offers a real sense of quality with ample fitted base and wall units plus high spec appliances incorporating a fitted double oven & coffee machine. In addition there is also a well-equipped utility room!

Upstairs is just as generous and equally impressive with four well-appointed and spacious double bedrooms, and second family shower room.

The landscaped garden is a lovely private space with a large paved entertaining area lawn.

Excellent schools in catchment including; Chatsworth Infant School, Burnt Oak Junior School, Our Lady Of The Rosary Catholic Primary School, Days Lane Primary School, Chislehurst and Sidcup Grammar School, Beths Grammar School and Hurstmere School.
Sidcup station is within (0.8 Mile) walking distance providing regular services into London Bridge, Cannon Street and Charing Cross.

London Borough of Bexley Council Tax Band F

Nearest Stations:

0.61 miles
Sidcup
1.1 miles
Albany Park
1.43 miles
New Eltham
1.53 miles
Welling
1.53 miles
Falconwood

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

£ 600825

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

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18125
  • 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

£ 57075
  • 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

Adjust these figures

  %

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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