4 bedroom semi-detached for sale

£590,000

4

Bedrooms

1

Bathrooms

Floorplan



Nestled in the highly sought-after area of Wellington Avenue, Sidcup, this extended four-bedroom semi-detached house presents a unique and exciting opportunity for discerning buyers looking to create their dream family home. Offered to the market with offers in the region of 590,000, this property is a true blank canvas, with works already commenced, providing a solid foundation for its next owner to complete and personalise to their exact specifications. This is not merely a house; it is a project brimming with potential, promising a rewarding transformation into a magnificent residence.
Upon arrival, the property immediately conveys a sense of space and possibility. The presence of a driveway ensures convenient off-street parking, a highly desirable feature in this popular residential locale. Stepping inside, the layout reveals an intelligently extended footprint, designed to accommodate the demands of modern family living. While some areas require completion, the vision for a spacious and functional home is clear.
At the heart of this home is the good-sized kitchen, a notable highlight, having been newly installed in 2023. The space offers a superb foundation for culinary enthusiasts, featuring ample counter space and provision for appliances, ready for the final touches to make it truly shine. The recent installation means that the most significant and often costly part of a kitchen renovation has already been expertly handled, allowing the new owners to focus on the aesthetic details and personal touches that will make it their own. The kitchens generous proportions also lend themselves to creating a combined kitchen-diner, a popular configuration for family gatherings and entertaining.
The property boasts a single reception room, which, given the extended nature of the house, offers considerable scope for creating a comfortable and inviting living space. This room, once completed, will serve as the perfect hub for relaxation and socialising, adaptable to various furniture arrangements and design schemes. The potential here is immense, whether you envision a cosy family lounge, a vibrant entertainment area, or a sophisticated formal living room.
Ascending to the first floor, you will find four well-proportioned bedrooms. The extension has been thoughtfully designed to maximise the living accommodation, providing ample space for a growing family or for those requiring dedicated home office space. Each bedroom offers a unique opportunity for customisation, allowing the new owners to design individual sanctuaries tailored to their needs. The single bathroom, while functional, also presents an opportunity to complete, enabling the creation of a luxurious and contemporary family bathroom or even the addition of an en-suite, subject to the necessary planning permissions and design considerations.
One of the standout features of this property is its good-sized garden. This outdoor space offers a fantastic retreat, perfect for al fresco dining, childrens play, or simply unwinding amidst nature. The generous dimensions provide scope for extensive landscaping, the addition of a patio or decking area, or even the creation of a dedicated vegetable patch. The garden is a true asset, offering a private oasis for relaxation and recreation, and a wonderful extension of the indoor living space during warmer months.
Location is paramount, and this property excels in its positioning. Situated close to The Oval and Blackfen, residents benefit from excellent access to a wide array of local amenities. The Oval offers a vibrant community hub with various shops, cafes, and services, catering to everyday needs. Blackfen provides further convenience with its selection of local businesses, supermarkets, and eateries. For families, the area is well-served by a range of reputable primary and secondary schools, making it an ideal choice for those with children. Commuters will appreciate the proximity to transport links, including bus routes providing connections to Sidcup train station, which offers regular services into Central London, making the daily commute manageable and efficient. The propertys location also provides easy access to major road networks, including the A2 and M25, facilitating travel across London and the wider South East.
Beyond the immediate vicinity, Sidcup itself is a thriving suburban town offering a blend of green spaces, leisure facilities, and a strong community spirit. Residents can enjoy nearby parks and recreational grounds, perfect for leisurely strolls, dog walking, or sporting activities. The town centre boasts a diverse range of shops, from independent boutiques to well-known high street brands, alongside a variety of restaurants, pubs, and cafes catering to all tastes. Cultural attractions and community events further enhance the appeal of living in Sidcup.
This property, with an EPC Rating D and Council Tax Band D, represents a significant investment opportunity. While it requires completion, the potential for capital appreciation once the works are finished is substantial. It offers the rare chance to acquire a substantial family home in a desirable location and tailor it precisely to your lifestyle and preferences, without the premium often associated with fully renovated properties.
This extended semi-detached house on Wellington Avenue is more than just a property; its a vision waiting to be realised. It offers the perfect blend of space, location, and the exciting prospect of creating a bespoke living environment. For those with a keen eye for design and a desire to add value, this is an unmissable opportunity.
Viewings are highly recommended to fully appreciate the scope and potential this property offers. Early viewing is advised to avoid disappointment, as properties with such unique characteristics in this sought-after area are always in high demand. This property is offered subject to contract. All measurements are approximate and for guidance only. These particulars do not constitute an offer or contract. The services, equipment, and appliances have not been tested and no warranty is given or implied.

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

£ 489450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 14750
  • 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

£ 46950
  • 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

Adjust these figures

  %
  %
£
  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message