4 bedroom detached for sale

£1,200,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

This stunning detached residence is superbly located, brimming with character, well presented, and needs to be seen to be fully appreciated. Spacious throughout, the extended property boasts a 175 rear reception overlooking the delightful garden, a 157 front reception with leafy outlooks and a fitted kitchen breakfast room, all providing spaces ideal for entertaining friends and everyday family life. All four of the generously proportioned bedrooms are located up on the first floor, with bedroom one benefiting from an en-suite bathroom. Other important features include a study, an integral garage, and a handy ground-floor cloakroom. Rarely do homes of this calibre that are so well located come onto the market, therefore, an internal viewing is highly recommended.

Further Potential
Although the property has been extended and offers comprehensive family-sized accommodation already, there is scope for further additions with possible open plan options, should even more living spaces and bedrooms be required. Also, similar homes on Woodland Way have been extended into the loft space to provide more bedrooms and bathrooms. Of course, any improvement of this nature would be subject to local authority consents.

Location
Woodland Way is widely regarded as one of the finest places to live in West Wickham. Overlooking mature woodland at the front and containing homes of a similar ilk, it is not difficult to see why this popular residential road is so highly desirable. Not just picturesque but convenient for many amenities, the wealth of shopping and recreational facilities on offer on the nearby West Wickham High Street are within 0.75 of a mile, as are bus routes to Bromley Town Centre, among many other destinations. West Wickham mainline railway station is just over a mile away. Highly regarded schools are also within easy reach. For full directions, please contact Allen Heritage Estate Agents in West Wickham or see the map.

Character Features
The property has original timber panelled walls in the entrance hall, original tiling in the WCs, attractive feature fireplaces in both the lounge and dining room, and most of the ground floor has the well-preserved original exposed wood flooring.

The Ground Floor Accommodation
Entrance Hall
Lounge
5.32m (175') x 4.58m (15)
Dining Room
4.72m (156') into bay x 3.65m (12)
Kitchen/Breakfast Room
4.62m (152') x 2.47m (81')
Study
3.19m (105') x 2.29m (76')
Garage
5.19m (17) x 2.37m (79')
Ground Floor WC

The First Floor Accommodation
Landing
Bedroom 1
4.78m (158') into bay x 3.70m (122')
En-suite2.30m (77') x 2.19m (72')
Bedroom 24.16m (138') x 3.70m (122')
Bedroom 33.76m (124') x 3.40m (112')
Bedroom 43.46m (114') x 1.98m (66')
Bathroom2.56m (85') x 2.50m (82')
Upstairs WC


EPC Rating: E

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

£ 993950

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
    £ 30000
  • 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

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£

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

£ 93950
  • 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)
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  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

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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

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  • Final Equity Profit
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    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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Final Property Value

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Notes

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