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£1,500,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,500,000 - 1,600,000
A vastly extended and very attractive 5 bedroom 2 bathroom detached home offering almost 3,000 sq ft and located in a pleasant cul-de-sac just off Marlings Park.
Downstairs there is a spacious welcoming entrance hall leading through to the 25 main reception room (with bi-fold doors) and an impressive 27 kitchen/diner with a large central island and separate utility room. From the main sitting room there are double doors leading to a comfortable lounge, again with bi folds overlooking the lovely gardens. To the front there is a further tv/snug room that could be utilised as a playroom or study and to complete the ground floor there is a handy downstairs wc.
Upstairs, once through the capacious landing, the master bedroom boasts a lovely 4 piece ensuite bathroom together with a walk in wardrobe and there is an enormous 19 x 18 2nd bedroom with interesting two tier flooring with sunken bed. There are a further 3 smaller double bedrooms and a family bathroom suite.
Outside the lovely 70 wide garden stretches across the width of the house and benefits from a patio area, cabin bar and a slightly raised deck with seating for all the family and friends to enjoy!
Petts Wood with its array of shops, restaurants, bars and station is within a short distance together with Chislehurst Royal Parade and High Street.
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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