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£525,000 Offers in excess of
Bedrooms
Bathrooms
Avenue Estates are delighted to offer for sale this new build three bedroom detached house located on Leybourne Avenue close to Redhill Park, Local amenities and in catchment for the highly desirable Hill View Primary School.
The house is due for completion at the end of May and is being built by the well known developer Edgewater.
Comprising of a large open plan Kitchen/Dining Area with bi-folds leading into the garden, a separate living room and downstairs WC, Whilst the first floor accommodation features three good sized double bedrooms, one of which features an en-suite bathroom and a separate family bathroom.
The property is to be finished to an excellent standard with a fully integrated shaker kitchen with a cashmere oak fascia, Quartz Calcutta Nuvo Worktop and integrated fridge/freezer, induction hob, stainless steel extractor and a dishwasher. All Appliances will be Bosch and will come with two year guarantees.
Underfloor heating is featured throughout the entire ground floor of the property with radiators upstairs. LVT flooring throughout the Kitchen/Living area and downstairs hallway with high quality abbey twist zinc carpets to all bedrooms, first floor hallway, lounge and on the staircase.
Private Rear landscaped gardens with a block paved driveway at the front of the property and newly laid lawn.
Completion Summer 2025, but can bring completion date forward to suit buyer
Contact us today to register your interest.
10 Year ICW Building Warranty On Completion.
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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