5 bedroom semi-detached for sale

£635,000 Guide Price

5

Bedrooms

2

Bathrooms

Floorplan

This spacious chalet-style semi-detached house is in a popular and peaceful residential location in West Wickham. Spacious throughout, this family home offers a really versatile layout with generously proportioned reception rooms, with the four/five bedrooms offering ample space for a growing family, or could provide the perfect setup for those looking to work from home. Ideal for hosting gatherings or relaxing in comfort, the property also features a first-floor shower room and downstairs bathroom, adding convenience and practicality for every day living.

Situated in a sought-after residential location, this property benefits from its proximity to local amenities, schools, and transport links, making it an ideal choice for families and professionals alike. The large rear garden provides a peaceful retreat for outdoor activities and relaxation, while the garage and large driveway offer ample off-street parking and handy storage solutions. With the scope for further extensions, this property presents a great opportunity for buyers looking to customise and enhance the existing space to suit their individual needs and preferences. Contact us today to arrange a viewing and make this property your own.

Location
Courtfield Rise is a peaceful residential tree-lined side street that runs between Corkscrew Hill and Addington Road. Many amenities can be found within easy reach, including the shopping and recreation facilities on West Wickham High Street is just over half a mile away. For the commuter, Hayes mainline railway station is around 0.8 of a mile away, with bus routes to numerous destinations including Bromley town centre within a few hundred yards. The highly regarded Hayes Secondary School is less than a mile away [as the crow flies]. there are many country walks nearby too, including the delightful Sparrows Den and vast woodland beyond. For full directions please contact Allen Heritage Estate Agents in West Wickham.

The Ground Floor Accommodation
Entrance Hall
Lounge 4.61m (151') x 3.97m (13)
Dining Room 4.04m (133') max x 3.97m (13)
Kitchen 3.25m (108') x 2.93m (98')
Bathroom 2.17m (71') x 2.14m (7)
Bedroom 5/Study 2.65m (88') x 2.17m (71')
Ground Floor Cloakroom

The First Floor Accommodation
Landing
Bedroom 1 4.49m (149') into bay x 3.15m (104')
Bedroom 2 3.69m (121') x 3.10m (102')
Bedroom 3 3.82m (127') x 3.11m (102')
Bedroom 4 3.83m (127') x 2.39m (710')
Shower Room 2.90m (96') x 1.37m (46')


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

£ 526575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

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
    £ 15875
  • 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

£ 50325
  • 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

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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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