4 bedroom detached for sale

£799,950 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

Realistically Priced for A Quick Sale! Bazely & Co are delighted to present this truly unique, turn-of-the-century detached character home, ideally located in a highly sought-after residential area just half a mile from the High Street. Enjoy the convenience of local shops, restaurants, a post office, and the train station all within easy reach. Offering approximately 2,145 sq. ft. (199.3 sq. m) of beautifully proportioned living space, this charming property provides the perfect blend of period character and modern comfort ideal for a growing family or those who love to entertain. A welcoming entrance hall leads to a versatile reception room, perfect as a home office or snug, and a generously sized living room, ideal for relaxing with family and friends. The kitchen/breakfast room features a range of fitted units and a handy breakfast bar, opening into a bright conservatory with lovely views of the garden. From here, double doors lead out to a patio area, perfect for alfresco dining and summer gatherings. The ground floor also benefits from a large family bathroom with a separate shower cubicle, as well as a utility room. Upstairs, youll find four double bedrooms, three of which feature fitted wardrobes, and a further family bathroom. The secluded west-facing rear garden, extending to approximately 90 feet, provides a wonderful outdoor space for families to enjoy. A converted outbuilding/annexe with power and lighting offers fantastic flexibility ideal as accommodation for a teenager, guest, or older relative, or even as a potential rental opportunity. To the front, the property benefits from an in-and-out driveway providing ample parking, along with a double garage. Located within the catchment areas for St Nicholas and Thamesmead Schools, this Freehold property truly combines charm, character, and convenience. Council Tax Band: F (3,180) EPC Rating: E

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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

£ 662658.75

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 19998.75
  • 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

£ 62696.25
  • 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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