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£900,000
Bedrooms
Bathrooms
Alan de Maid are delighted to offer to the market this attractive four bedroom semi-detached Edwardian house set within a highly sought after location on a tree-lined residential road. The original path leads though a pretty front garden to an stunning stained glass front door with stained glass side light windows. The property has fantastic features including a large kitchen and two generously proportioned reception rooms with plenty of character.
This ideal family house offers extensive space to grow as a family with four excellent bedrooms found over the first and second floors that are well served by bathrooms. The top floor loft conversion is particularly spacious and offers magnificent views onto the rear garden and further afield backing on the lush green park. The house also benefits from side access. The rear garden is expansive at approximately 97 ft, is mainly laid to lawn with mature shrubs, small pond, shed and greenhouse.
As catchments go this location offers the highly sought after Balgowan and Churchfields primary schools. Within easy reach of Beckenham Clock House BR station and myriad shopping and dining options available being triangulated by Beckenham, Elmers End and Penge. Local Authority: Bromley Council Tax Band: E
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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