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£550,000 Guide Price
Bedrooms
Bathrooms
We are pleased to offer to the market this extended four-bedroom semi-detached chalet-style home on the desirable Old Farm Avenue in Sidcup. Requiring modernisation throughout, this spacious property offers an exciting opportunity for the next owner to refurbish and personalise to their own taste, creating a truly bespoke family home.
Set across two floors and offering approximately 1,163 sq ft (108.1 sq m) of internal space (excluding eaves & the garage), the property provides well-proportioned and flexible accommodation, making it ideal for families looking to upsize or for buyers seeking a project with scope to add value.
The ground floor welcomes you with a central hallway leading to a bright bay-fronted reception room, a generous dining room perfect for entertaining, and a large kitchen with access to the rear garden. A fourth bedroom/study is located to the front, offering versatility as a guest room, home office or playroom. The original layout lends itself well to reconfiguration, subject to planning.
Upstairs, the first floor comprises three further bedrooms: a substantial main bedroom and two further doubles, plus a family bathroom.
Externally, the property boasts a generous rear garden measuring approx. 17.25m x 8.08m (567 x 266), ideal for families or anyone with green-fingered ambitions. A detached garage (7.16m x 3.20m) sits to side of the property, behind the rear wall and the property also benefits from a driveway to the front.
Location:
Old Farm Avenue is a popular residential road well placed for both Sidcup (0.5 miles) and New Eltham (1 mile) mainline stations, with regular services into London Bridge, Cannon Street, and Charing Cross. It also benefits from nearby bus routes and quick access to the A20 and South Circular.
The area is particularly attractive for families due to its excellent selection of nearby schools, including Days Lane Primary, Burnt Oak Junior, and Chislehurst and Sidcup Grammar School. A wide range of local amenities can be found on Sidcup High Street, with cafs, restaurants, supermarkets, and leisure facilities all within easy reach. Green spaces such as Foots Cray Meadows and Sidcup Place offer outdoor recreation options close by.
This is a rare opportunity to secure a substantial home in a highly sought-after road, with the added benefit of putting your own stamp on it. Contact us today to arrange your viewing.
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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