5 bedroom detached for sale

£1,400,000

5

Bedrooms

3

Bathrooms

Floorplan

Black & Blanc are delighted to present this chain-free, five-bedroom detached house on Hastings Road, offering a rare opportunity to acquire a spacious and stylish family home. With over 2300 sq. ft. of living space, the property boasts generously sized rooms, including two reception rooms, a large open-plan kitchen diner, five double bedrooms and three bathrooms. Complemented by a large garden, garage, and a driveway with space for up to six cars, this immaculately maintained home is ready to move into and presents an exceptional chance to own a substantial property in a highly desirable location.

The ground floor offers a welcoming and functional layout, featuring two generously sized reception rooms, ideal for both formal entertaining and casual family living. The expansive kitchen diner forms the heart of the home, providing an open-plan space perfect for meals and gatherings. Additionally, the ground floor benefits from a utility room and a convenient downstairs toilet, enhancing both practicality and comfort.

Upstairs, the first floor accommodates five spacious double bedrooms, each filled with natural light and offering ample storage. The master bedroom benefits from its own en suite, while a second bedroom also features an en suite, providing extra privacy and convenience for family members or guests. A well-appointed family bathroom serves the remaining bedrooms, completing the accommodation on this floor.

The property features a large garden, providing ample space for outdoor activities, gardening, or simply relaxing. The garden is complemented by side access for additional convenience or storage. A generous driveway with space for up to six cars offers plenty of off-street parking, ensuring convenience for residents and guests alike.

Located on Hastings Road in Bromley, this home is ideally situated close to a wide range of local amenities, including shops, schools, and parks. Transport links are excellent, with Bromley South Station just a short drive or bus ride away, offering fast and frequent direct services to London Victoria, London Blackfriars, and other central London destinations. Bromley North Station is also nearby, with services to Grove Park and connections to London Charing Cross and London Cannon Street. Multiple bus routes serve the surrounding area, providing easy access to local services and areas such as Orpington and Beckenham. This exceptional transport connectivity makes the property ideal for commuters. Furthermore, this property is conveniently located near several highly regarded schools, including Hayes School, an academy with an Outstanding Ofsted rating, and Bromley High School, a prestigious independent day school for girls.

Black & Blanc is the sellers agent for this property. Your conveyancer is legally responsible for ensuring that any purchase agreement fully protects your position. Black & Blanc Estate Agents make detailed enquiries with the seller to ensure the information provided is as accurate as possible. Please let us know if you happen to know of any inaccurate information.

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

£ 1168950

Mortgage Loan to Value

%

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
    £ 35000
  • 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

£ 118950
  • 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

Adjust these figures

  %

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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