Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
321 Baring Road, Grove Park, London
£800,000 Guide Price
Bedrooms
Bathrooms
''Guide Price: 800,000 to 825,000''
Spacious Semi-Detached House | Potential To Extend (STPP) | Driveway & Garage | Great Internal Condition | Large Private Garden | Two Reception Rooms | Close To Outstanding Primary School | WC On Each Floor | Energy Efficiency Rating - D |
Nestled on the lovely Alexandra Crescent, The Acorn Group are delighted to welcome this impressive five bedroom semi-detached house to the sales market. In great internal condition, the property offers a versatile layout plus has the potential to extend and adapt further subject to the usual planning permissions.
The property is split over three floors and comprises two spacious reception rooms, a large fitted kitchen, four good sized double bedrooms, a fifth study bedroom and two bathrooms (one of which is an en-suite). Externally there is a huge private garden which measures approx. 116ft, a large driveway, a garage, two sheds and an outdoor WC.
The property is incredibly well placed for a number of amenities with Bromley Town Centre and Beckenham Place Park very close-by. There is an outstanding primary school nearby too (Burnt Ash Primary) as well as a number of other schools.
Freehold
Council Tax Band | F
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.
321 Baring Road, Grove Park, London
The Property has been saved to your favorites
/ 5
It's quick and easy
