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£750,000 Offers in excess of
Bedrooms
Bathrooms
Acorn are delighted to bring to the market this stunning five bedroom detached bungalow located in a private close of only four houses.
The property offers five double bedrooms and three exquisite bathrooms, an incredibly well thought out open living space which leads out on to a lovely Westerly facing garden accessed via bi-fold doors. The stunning white high gloss kitchen fitted with Quartz worktops includes a glass and stainless steel sink, integrated tall fridge and freezer, dishwasher, washer/dryer, microwave, oven & an induction hob situated in an island/breakfast bar with a semi-professional extractor fan installed in the ceiling.
Finished to an exceptional standard this substantial five bedroom detached bungalow sits on a large plot on the borders of Welling/Bexleyheath. This home also boasts a double detached garage and off street parking.
Welling has fast become very desirable and offers everything you would expect from a local high street, including a wide range of supermarkets, shops, restaurants, pubs and bus routes to surrounding areas including Bexleyheath, Blackheath, North Greenwich (The o2) Bluewater and Abbey Wood with the up and coming Crossrail Network. Welling Station offers direct links to London Bridge, Charing Cross, Cannon Street, Waterloo East & Victoria. Changes are possible at Lewisham for the DLR and New Cross for the East London Line. Danson Park is a local family favourite with the historic Danson House and boating lake. Crook Log Leisure Centre & The Broadway Shopping Centre are also within reasonable distance. There are also many sought after schools nearby including Bexley Grammar School ' Ofsted Outstanding.
London Borough of Bexley Council Tax Band D
EPC 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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