3 bedroom end of terrace for sale

£650,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Charles Eden are delighted to present this attractive period, three bedroom end of terrace house set on a desirable road a short walk from Beckenham High Street, half a mile from Beckenham Junction Railway Station and tram link with local amenities, parks and schools nearby.

A must view, offered to market CHAIN FREE

Covered Entrance - Part double glazed door leading into:

Hallway - Coved ceiling, picture rails, radiator, wood effect flooring

Lounge - Double glazed bay window to front, coved ceiling, ceiling rose, dado rails, feature fireplace, double radiator, wood effect flooring.

Dining Room - Double glazed window to rear, dado rails, feature fireplace, double radiator, wood effect flooring.
Leading to:

Kitchen - Double glazed window and door to side, range of wall and base units with worksurfaces over, stainless steel sink and drainer with mixer tap, four ring gas hob with hood over and single oven under leading to area with spaces for washing machine, dishwasher, fridge freezer, Gas boiler (not tested by Charles Eden), tiled flooring.
Door leading to:

Cloakroom - Double glazed window to rear, dado rails, low level WC, wall mounted wash hand basin, double radiator, tiled flooring

Stairs To First Floor - Fitted carpet.

Landing - Access to loft, picture rails, fitted carpet.

Bedroom One - Two double glazed windows to front, dado rails, feature fireplace, radiator, wood effect flooring

Bedroom Two - Double glazed window to rear, dado rails, radiator, wood effect flooring.
Access to loft.

Bedroom Three - Double glazed window to rear, dado rails, radiator, wood flooring.

Bathroom/Wc - Bath, shower cubicle, pedestal wash hand basin, low level WC, part tiled walls, tiled flooring

Outside -

Garden - Mainly laid to lawn with paved area.

Frontage - Walled with bin storage area.

Council Tax D -

Epc Rating D -

Map location is not available for this property.

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

£ 538950

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
    £ 16250
  • 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

£ 51450
  • 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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