4 bedroom bungalow for sale

£750,000

4

Bedrooms

2

Bathrooms

Floorplan

Acorn are thrilled to bring to the market this lovely four bedroom detached bungalow on a sizable plot.

Birchwood Road is considered one of the most prestigious roads in the local area of Wilmington. This home is calling out to be re-configured but has the benefit of being in great condition and provides the exciting opportunity to extend (STPP). The property comprises a good size drive for 3 cars, a garage to the side which can easily be converted, a welcoming bright hallway, leading to two double bedrooms, a huge reception. Next to this is a kitchen leading out to a conservatory that we feel would benefit from being knocked though to create a stunning, open plan family living kitchen with large bi-folding doors to take advantage of the superb panoramic views of the Kent Green belt. Lastly is a well presented family bathroom.

To the first floor is a double bedroom to the front that could be extended (STPP) to create two dormers on each side to give an additional bedroom and bathroom. Across the landing is a marvelous master suite with a Juliet balcony looking out and taking real advantage of the stunning panoramic views. Trust me, you cant take your eyes off this view!

The interior is decorated to a high standard in neutral tones and is naturally light and airy.

To the rear is an elevated patio, a large lawn with mature trees backing on to fields giving a real sense of space.


Locally there are highly rated primary schools in the surrounding area
Situated between, Dartford Bexley and Swanley mainline stations gives all commuters huge flexibility Datford trains take around 40 minutes and Bluewater, only a short drive away, this is a enviable location. Road access to the A2 and M25 also make commuting easy.

London Borough Of Dartford Band F
Energy Efficiency Rating D

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

£ 621450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 18750
  • 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

£ 58950
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message