4 bedroom semi-detached for sale

£900,000

4

Bedrooms

3

Bathrooms

Floorplan

This impressive family home is situated in a popular residential location in West Wickham, close to many amenities. Superbly presented throughout, the property provides spacious and bright, family-sized accommodation. The ground floor has been extended at the rear, where you will find a remarkable open plan 27 kitchen dining room, a spacious and sociable space ideal for entertaining friends and for everyday family life. The 1710 lounge is at the front and is a perfect room to retreat to!

Three generously proportioned bedrooms can be found up on the first floor, along with the luxurious family bathroom. The fourth bedroom is within the professionally converted loft space, which also benefits from a modern en-suite shower room. To the rear of the property, you will find a very pleasant garden, with a double garage at the end, which could be converted or rebuilt to provide a granny annex-style set up, a great home office, gym, or entertainment room. With off-street parking on the neat and tidy frontage, a handy utility room, and a luxurious ground-floor shower room, this stunning family home is well worth viewing.

Specification
The property has been finished to a very high standard and has a luxurious feel throughout that needs to be seen to be fully appreciated. Examples of this high-calibre refurbishment work include the installation of a high-end kitchen with Corian work surfaces and appliances built in, a large ground-floor shower room, a four-piece family bathroom with electric underfloor heating, and a handy en-suite shower room on the top floor. You will also find bespoke fitted shutters, good quality flooring, including Amtico on the ground floor, underfloor heating in the dining area, CCTV, and ample built-in storage.

The Enviable Location
Occupying a prominent corner plot on the popular Wickham Court Road, this family home is convenient for many amenities. West Wickham High Street is within a few hundred yards, offering an abundance of amenities including Marks and Spencer and Sainsburys supermarkets as well as numerous boutiques, independent shops, coffee houses, and restaurants. West Wickham mainline railway station is within easy reach too [approx half of a mile], as are bus routes to Bromley town centre and many other destinations. For full directions, please see the map or contact Allen Heritage Estate agents.

Schools In The Area
Highly regarded schools are within easy reach of this property. Oak Lodge Primary and St Davids Primary are both within approximately 0.75 of a mile, Langley Boys and Langley Girls are both secondary schools within around 0.9 of a mile [measurements as the crow flies].

The Ground Floor Accommodation
Porch

Entrance Hall5.51m (181') x 2.14m (7)
Lounge5.39m (178') into bay x 3.66m (12)
Kitchen/Living/Dining Room8.27m (272') max x 5.89m (194')
Utility Room3.49m (115') x 2.54m (84')
Ground Floor Shower Room2.31m (77') x 1.90m (63')

The First Floor Accommodation
Landing

Bedroom 15.48m (18) into bay x 3.67m (12)
Bedroom 24.27m (14) x 3.49m (115')
Bedroom 32.98m (99') x 2.29m (76')
Bathroom2.74m (9) x 2.47m (81')

The Second Floor Accommodation
Bedroom 4
5.70m (189') x 3.15m (104')
En-suite Shower Room


EPC Rating: D

Map location is not available for this property.

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

£ 745200

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
    £ 22500
  • 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

£ 70200
  • 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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