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£650,000
Bedrooms
Bathrooms
This spacious and extended family home is superbly located in the enviable Coney Hall Village. Boasting extended versatile accommodation, this property offers the perfect blend of cosiness and space. There is an annexe-style setup to the side, the possibilities for use here endless, from housing an elderly relative, giving a teenager independance or providing office/workspace too. Upstairs, youll find three really good sized bedrooms and the family bathroom, while downstairs features a convenient shower room within the annex space for those busy mornings. The large secluded rear garden provides a peaceful sanctuary, ideal for outdoor gatherings or lazy Sundays! Located in a sought-after area, this property presents a unique opportunity for those looking to create their dream home. Rarely do homes of this calibre come onto the market, and this one needs to be seen to be fully appreciated.
Further Extension Potential
Many homes in the Coney Hall Village area have had large extensions and there is scope to do similar. Others have also had loft conversions. Although already extended to the rear and side, the potential for further additions or renovations is just waiting for the right buyer to make it their own, subject to local authority consents. At the rear of the garden, there is ample space for an annex style outbuilding or a large outbuilding that could be used as an entertainments room, home office, gym or teenagers den. Obviously any improvements of this nature will require the local authority consents. Dont miss out on the chance to turn this house into your forever home.
Location
The property is located in the Coney Hall Village area, and can be found on the right hand side of Church Drive when travelling upwards towards the park. This peaceful family orientated location is convenient for local shops and supermarkets as well as some very pleasant local walks across Wickham and Hayes Common, as well as the very pleasant Coney Hall recreation ground for sporting facilities and a playground for the little ones. West Wickham High Street is only a little over a mile away.
Schools in the Area
This home is ideal for those with educating children in mind, it is less than half a mile from Wickham Common Primary, and just under a mile from Hayes secondary, both very highly regarded schools.
Transport Links
The local 138 bus route serves Coney Hall Village and provides links to Hayes Secondary School, Hayes mainline railway station and town centre, and the wealth of facilities at Bromley town centre. Just around the corner youll find the 119 bus routes which services West Wickham High Street among many other destinations. For full directions please contact Allen Heritage Estate Agents in West Wickham.
The Ground Floor Accommodation
Entrance Hall
Lounge 4.53m (1410') into bay x 3.88m (129') max
Sitting Room 3.13m (103') x 2.85m (94')
Dining Room 4.92m (162') x 2.45m (8)
Kitchen 2.18m (72') x 1.87m (62')
Bedroom 4 4.29m (141') x 2.35m (78')
Shower Room
The First Floor Accommodation
Landing
Bedroom 1 4.50m (149') into bay x 3.47m (115')
Bedroom 2 5.20m (171') x 2.45m (8)
Bedroom 3 4.12m (136') x 2.62m (87')
Bathroom 2.15m (71') x 1.69m (57')
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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