5 bedroom detached for sale

£950,000

5

Bedrooms

2

Bathrooms

Floorplan

This five-bedroom detached home offers generous living space, perfect for family life, and entertaining with the use of four versatile reception rooms, there is ample room for relaxation, dining, and work-from-home/ study, and play-room set-ups.

The heart of the home is the impressive 18'5 x 15'8 kitchen & breakfast room with white high-gloss units, integrated appliances and ample space for a dining table, this kitchen is perfect for everyday meals and entertaining guests. The convenient placement of the downstairs WC adds to the practicality of the home.

Upstairs, there are five bedrooms, three spacious double bedrooms, the main bedroom benefiting from built-in wardrobe space, and a proportionately sized double bedroom, and additional single bedroom. There is also a three-piece suite family bathroom, and a separate WC which could be transformed into a spacious four-piece luxury suite. There is also an additional shower room, which could be transformed into an ensuite bathroom.

Externally, there is a driveway to accommodate at least six vehicles, and the substantial rear garden is paved and laid to lawn, offering purchasers the ultimate privacy. The quiet and convenient location offers families a selection of open spaces, including the popular Foots Cray Meadows and Scadbury Park. Sidcup High Street is a short stroll away, offering a wide range of shops, supermarkets, cafes, cinema, and restaurants.

Commuters will also appreciate the excellent transport links that Sidcup has to offer, with direct trains to London Charing Cross, London Bridge, and Cannon Street stations in under 30 minutes. The A20 and M25 are also close by and easily accessible. Families also benefit from a variety of highly regarded schools for both Primary & Secondary School children.

London Borough of Bexley - Council Tax Band - G
Energy Efficiency Rating - D

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

£ 775200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 23750
  • 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

£ 62700
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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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