7 bedroom detached for sale

£3,000,000

7

Bedrooms

7

Bathrooms

Floorplan

A very rare opportunity to purchase an imposing home, set behind wrought iron gates on a premier road in South East London.

This beautiful seven-bedroom property is arranged over three floors, offering circa 5,800 sqft of internal accommodation. Upon entering, you are greeted by an impressive, tiled entrance hall, which leads through to the kitchen/breakfast/family room. The custom-made Hacker kitchen is well-appointed including integrated Miele appliances and Quooker tap, granite work surfaces and space for a table and chairs. The family room is accessible via double doors and enjoys views of the landscaped garden. There is also a very useful utility room and access to the double garage. To complete the ground floor accommodation, there is another family reception room, home office/playroom & a unique conservatory with doors leading out onto the garden.

The first-floor landing is a fantastic galleried area and allows access to the front balcony. The master bedroom is well-proportioned and benefits from a walk-in wardrobe and a full en-suite bathroom with a video spa television.
There are a further three double bedrooms on the first floor, all with
en-suite facilities and walk-in wardrobes. The second floor comprises three additional bedrooms (all with en-suite facilities), a rear-facing balcony off the 6th bedroom with magnificent views over the garden, and a fully equipped cinema room.
The front carriage drive is gated and offers parking for numerous cars with further parking by way of a double garage, with electric up and over door.

There are a variety of green spaces within walking distance including Eltham Palace, Avery Hill Park, and Well Hall Pleasaunce, with Eltham Park North & South and Oxleas Wood just a bit further away. The home is also within walking distance to the esteemed Royal Blackheath Golf Club which has been a part of the community for well over 400 years.
Court Road is one of, if not the most sought-after roads in SE9 and the house is positioned just 0.5 miles from both Mottingham & Eltham Station which offer fast and frequent direct services into London Bridge, Waterloo East, Cannon Street, Charing Cross & London Victoria. Changes are also possible at Lewisham for the DLR & New Cross for the overground Line.

Eltham High Street can be found a short distance away and caters for everyday needs offering comprehensive shopping, bars, restaurants and the recently built Vue cinema.
There is also a good choice of private and state schools in the area including Eltham College, Colfes and St Olaves Prep


Energy Efficiency Rating C.
Tax Band - H

Nearest Stations:

0.37 miles
Mottingham
0.71 miles
Eltham
0.92 miles
New Eltham
1.5 miles
Falconwood
1.58 miles
Kidbrooke

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

£ 2598950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

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
    £ 75000
  • 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

£ 348950
  • 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

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  %

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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