3 bedroom apartment for sale

£600,000

3

Bedrooms

2

Bathrooms

Floorplan

Elisabeth Court has been expertly renovated into five brand-new apartments. Ranging from 1-3 bedrooms, all spacious and all benefiting from a high-specification finish.
Located on the ground floor, this exceptional three-bedroom, ground floor apartment presents a rare opportunity to acquire a modern, high-specification home designed for contemporary living. Offered with a share of the freehold, this property combines the benefits of a new build with the security and control that comes from collective ownership, ensuring peace of mind for discerning buyers.
Upon entering, you are immediately greeted by a sense of space and light, characteristic of its thoughtful design. The heart of this magnificent home is the expansive open-plan kitchen and lounge area. This versatile space is perfect for both everyday living and entertaining, allowing for seamless interaction whether youre preparing a meal or relaxing with guests. The kitchen itself is a testament to modern elegance, featuring integrated appliances, sleek cabinetry, and premium work surfaces that cater to every culinary need. The lounge area offers ample room for comfortable furnishings, creating an inviting atmosphere for unwinding after a long day.
This apartment boasts three generously proportioned bedrooms, providing flexible accommodation options. The master bedroom, in particular, offers a tranquil retreat, often accompanied by an en-suite bathroom for added privacy and convenience. With two well-appointed bathrooms in total, including the en-suite, the property ensures comfort and practicality for residents and visitors alike. Each bathroom is finished to a high standard, featuring contemporary fixtures and fittings.
One of the standout features of this ground-floor apartment is its private garden. This outdoor oasis provides a serene escape, complete with a large patio area perfect for al fresco dining, summer barbecues, or simply enjoying a morning coffee in the fresh air. The garden offers a valuable extension of the living space, a rare and highly sought-after amenity for apartment living, especially within a vibrant urban setting like Bromley.
Further enhancing the appeal of this property is the inclusion of allocated parking, a significant advantage in this popular location. Crucially, the parking space is equipped with an electric vehicle charger, reflecting a commitment to modern sustainability and convenience for electric car owners. This thoughtful addition underscores the forward-thinking nature of this development.
The entire apartment benefits from a high-specification finish throughout, evident in every detail from the flooring to the fixtures. This commitment to quality ensures a luxurious and durable living environment that is ready for immediate occupation. The propertys excellent EPC Band B rating highlights its energy efficiency, promising lower running costs and a reduced environmental footprint.
Location is key, and Elisabeth Court excels in this regard. Bromley offers a fantastic array of amenities, including extensive shopping facilities at The Glades, a diverse selection of restaurants, cafes, and bars, and a vibrant cultural scene with theatres and cinemas. For those who enjoy green spaces, there are numerous parks and recreational areas nearby. Crucially, the property benefits from good transport links, with Bromley South and Bromley North stations providing fast and frequent services into Central London, making it an ideal choice for commuters. Regular bus services also connect to surrounding areas, ensuring easy access to everything you need.
This three-bedroom apartment in Elisabeth Court represents an exceptional opportunity to purchase a modern, well-appointed home with desirable outdoor space and essential amenities in a prime Bromley location. It is perfectly suited for professionals, families, or those looking to downsize without compromising on quality or convenience. Early viewing is highly recommended to fully appreciate the calibre of this outstanding property.
Please note that the property is unfurnished - these photos are indicative of how it could be, the video is an accurate current representation.

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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

£ 497700

Mortgage Loan to Value

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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
    £ 15000
  • 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

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£

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

£ 47700
  • 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

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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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