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£1,050,000
Bedrooms
Bathrooms
Offered to the market in immaculate condition throughout and with no onward chain, Langford Russell are delighted to present a four double bedroom, detached family home, situated just a stones throw away from Sidcup High Street.
Internally, the property comprises; bright and airy entrance hall, downstairs WC, spacious fully fitted kitchen/diner, additional front reception room currently used as a home office, extensive rear reception room and separate dining room with French doors overlooking the 114ft mature, south facing rear garden, mostly laid to lawn with patio areas.
The first floor offers four well-proportioned double bedrooms, three of which with extensive fitted wardrobes, an en-suite shower room to the master bedroom and the main family bathroom, with three piece suite and shower over bath.
Further benefits include; extensive front drive way with space for multiple vehicles, potential to extend STPP and no onward chain.
The location offers families an excellent school catchment for Primary and Secondary School children, including Royal Park Primary, Cleeve Park School, Merton Court School, and a range of other highly regarded schools in the area. The property is also minutes away from the popular open space of Foots Cray Meadows.
Commuters also benefit from speedy transport links via Sidcup (0.8 miles) & Albany Park Station (1.1 miles). Sidcup High Street is approx. 0.4 miles away, offering an array of Shops, Supermarket, Bars & Restaurants.
Viewing is highly recommended.
To arrange a viewing, please contact Langford Russell directly.
Tenure - Freehold
Energy Efficiency Rating - C
Council Tax Band - G
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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