4 bedroom detached for sale

£980,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

This impressive detached residence is very well-located and has been a much-loved family home for many years. Offering spacious, versatile, and sensibly laid-out accommodation, the property has a bright feel and pleasant outlooks. The extended ground floor features a spacious 21 lounge overlooking the garden at the rear, a 16 dining room at the front, and a delightful modern kitchen breakfast room providing spaces perfect for everyday family life and social gatherings. The ground floor also has a handy downstairs cloakroom.

All four of the bedrooms are located up on the first floor, all of which are well proportioned, with bedroom one benefitting from an en-suite bathroom. The garden at the rear is very pleasant, enjoying a south-westerly aspect and a secluded leafy outlook. At the rear of the garden, youll find a really large timber outbuilding that houses an indoor swimming pool complete with changing area and WC. There is off-street parking at the front. Rarely do homes of this calibre in such popular locations come onto the market and therefore it is highly recommended this family home be viewed to be fully appreciated.

Location
The property can be found on the right hand side of Stambourne Way if travelling from the Wickham Court Road end. This highly desirable attractive and popular residential side road is convenient for many amenities including the wealth of shopping and recreational facilities on offer on the nearby West Wickham High Street. Bus routes to Bromley and Croydon are also within easy reach and West Wickham mainline railway station is approximately 0.85 of a mile away. Highly regarded schools including Langley and Hayes are within easy reach. For full directions please contact Allen Heritage Estate Agents in West Wickham or see the map.

Further Extension Potential
Similar homes in the immediate area have been extended further to the rear and into the loft space to provide even more spacious accommodation and additional bedrooms. Some garages have been converted to provide additional living space, and this scope exists here too, but please remember that any improvement of this nature will require the relevant local authority planning consents.

The Ground Floor Accommodation
Porch
Entrance Hall
Kitchen/Breakfast Room 4.77m (158') x 3.39m (111')
Lounge 6.42m (211') x 4.20m (139')
Dining Room 4.96m (163') into bay x 3.82m (126')
Ground Floor Cloakroom
Garage 5.07m (168') x 2.66m (89')

The First Floor Accommodation
Landing
Bedroom 1 4.79m (159') into bay x 3.86m (128')
En-suite Bathroom 2.46m (81') x 2.36m (79')
Bedroom 2 4.90m (161') into bay x 4.36m (143')
Bedroom 3 4.92m (162') x 3.22m (107')
Bedroom 4 3.28m (109') x 2.50m (82')
Shower Room

Timber Outbuilding Housing Swimming Pool
Pool Room 10.98m (36) max x 7.64m (251')
Changing Room & WC
Store


EPC Rating: E

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

£ 801450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 24500
  • 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

£ 66450
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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
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    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

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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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