3 bedroom detached for sale

£700,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

''''GUIDE PRICE 700,000 - 725,000''''

A well presented three bedroom detached house in the current household for nearly three decades and providing potential for extension stpp. With plenty of parking and a well established 61ft rear garden, this super family home offers two living rooms and a well equipped and sizeable kitchen/diner. Along with a shower room on the ground floor and bathroom to the first floor, there is a good sized conservatory, attached garage and fitted wardrobes to two bedrooms. Situated within three quarters of a mile of New Eltham station with shops at Bexley Road and Halfway Street within half mile, extensive green space is even closer, within a third of a mile at Avery Hill park. With bus routes nearby, this, we feel is a very conveniently located and well maintained home. Why not take a look!

PORCH UPVC front door with window to side, tiled flooring.

ENTRANCE HALL Original front door, understairs cupboard, picture rail, radiator, wood flooring.

RECEPTION 1 15 4' into Bay x 12 6' into recess (4.67m x 3.81m) UPVC bay window to front, brick fire surround housing log burner, radiator, fitted carpet.

RECEPTION 2 13 4' x 9 8' to chimney (4.06m x 2.95m) French doors and windows to conservatory, fitted storage and shelving to both recesses, radiator, fitted carpet.

KITCHEN/DINER 13 6' at widest point x 13 at longest point (4.11m x 3.96m) L-shaped room. UPVC window to rear and patio doors to garden, lantern skylight, cream wall and base units with integrated dishwasher, undercounter fridge and freezer, built in oven, hob and hood, stainless steel sink unit, part tiled walls, radiator, wood flooring.

CONSERVATORY 13 at widest point x 9 6' (3.96m x 2.9m) UPVC windows, patio doors to garden, ceiling fan, radiator, tiled flooring.

SHOWER ROOM Lantern skylight, fitted storage housing wall mounted boiler and incorporating wash basin, w.c., shower unit, heated towel rail, vinyl flooring.

FIRST FLOOR

LANDING UPVC window to side, picture rail, loft access, airing cupboard housing water cyclinder, fitted carpet.

BEDROOM 1 15 2' into bay x 11 into recess (4.62m x 3.35m) UPVC bay window to front, radiator, fitted carpet.

BEDROOM 2 13 4' x 9 to wardrobe (4.06m x 2.74m) UPVC window to rear, fitted wardrobes and drawers to one wall, radiator, fitted carpet.

BEDROOM 3 8 8' to wardrobe x 7 4' (2.64m x 2.24m) UPVC window to rear, fitted wardrobe, radiator, fitted carpet.

BATHROOM 9 x 7 2' (2.74m x 2.18m) UPVC window to front, white suite comprising panelled bath, shower unit, w.c., wash basin with fitted storage, part tiled walls, wood panelling to walls and ceiling, radiator and heated towel rail, laminate flooring.

OUTSIDE

Paved frontage providing more than ample parking for at least two/three cars.

REAR GARDEN Measures approximately 61ft at mid point, raised patio area with a step down to the garden which is mainly laid to laid with a further patio area to the rear, established trees and flower borders, apple and plum trees, pond, outside tap and lighting.

ATTACHED GARAGE Measures approximately 14 5' x 10 1' with fitted wall and base unit, stainless steel sink unit, plumbing for washing machine and tumble dryer, power and light.

DETACHED GARAGE TO REAR A detached garage to the rear of the property used as storage as their is no vehicle access, measures 15 7' x 8 7' with power and light, this sits upon a concrete hardstanding which is suited to an outbuilding or summerhouse.

MATERIAL INFORMATION Tenure: Freehold

Council Tax Band: E - 2,458.67

Highest broadband speed available: 1000Mbps Download & 924Mbps Upload with Openreach, Community Fibre and Virgin Media. Checked on checker.ofcom.org.uk

Mobile indoor service - EE, Three and Vodafone show limited service and O2 show likely for voice and for data EE, O2, Vodafone and Three show limited service. Checked on checker.ofcom.org.uk

Features
  • Freehold

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

£ 580200

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 17500
  • 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

£ 55200
  • 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.

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