3 bedroom detached for sale

£725,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

**GUIDE PRICE 700,000 - 725,000**

Acorn are truly delighted to welcome to the market this stunning three bedroom detached, extended bungalow located in South Welling.

The property itself comprises; driveway to front with garage, entrance hallway leading through to bedroom one, which is currently being used as a study. A downstairs bathroom, bedroom 2 with en-suite, reception room, stunning open kitchen with all integrated appliances. The property also benefits from a utility room off of the kitchen. To the rear there is an beautiful extended dining room with bifold doors, overlooking a low maintenance garden which has a patio area and artificial grass. To the first floor the main bedroom is of a great size and has a walk in wardrobe area and en-suite.

The property has been finished to the highest quality with no shortcuts taken throughout! Some of the added features include;
Hikvision Cameras to front & rear of property with remote viewing & recording.
First Bedroom - Electric Blinds controlled via phone app or remote control. 2No. Neff Ceiling Recessed speakers connected to Sonos Amp - Zone 1 .Air Conditioning through grilles via Fan Coil Unit.
Vaulted Ceiling Bedroom - remote controlled Velux windows with rain sensors. Remote control black out blinds
Dining Room - Electric Blinds to rear sliding doors controlled via phone app or remote control. 2 No. Neff Ceiling Recessed speakers connected to Sonos Amp - Zone 2 .Air Conditioning via wall mounted split AC unit.

Please call us today to arrange your viewing on !

Nearest Stations:

0.44 miles
Welling
1.18 miles
Falconwood
1.2 miles
Bexleyheath
1.76 miles
Sidcup
1.83 miles
Albany Park

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 600825

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 18125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 57075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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