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£880,000
Bedrooms
Bathrooms
Offered to the market in immaculate order throughout, Langford Russell are delighted to present an extended, five bedroom, semi-detached 1930s chalet, situated within close proximity to Sidcup Train Station and with no onward chain.
Having undergone an extensive renovation by the current owners, the property briefly comprises; entrance hall, spacious front reception room with bay window, a second reception room/fifth bedroom, downstairs bathroom with three piece suite. The kitchen has been vastly extended, with an array of wall and base storage, central island, integrated appliances, skylight, underfloor heating, separate utility room and bi-folding doors overlooking the 107ft landscaped rear garden, mostly laid to artificial lawn with patio area, hot tub, access to garage and a highly engineered summer house with built-in bar and air conditioning.
The first floor provides four double bedrooms, the first and second with built-in wardrobe space and main family bathroom with walk-in shower.
Further benefits include; attached garage, off-street parking for multiple vehicles and an EV charging port.
The property is conveniently located just 0.5 miles from Sidcup Station, providing excellent services into London Bridge, Charing Cross and Cannon Street.
A number of highly renowned schools are within close proximity, including; Chislehurst & Sidcup Grammar School and Burnt Oak Primary School.
Internal viewing is highly recommended.
Freehold
London Borough of Bexley - Council Tax Band: F
Energy Efficiency Rating: C
Map location is not available for this property.
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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