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£700,000 Offers in excess of
Bedrooms
Bathrooms
Charles Eden are delighted to present this well appointed three bedroom terraced house set in a desirable, gated development in Beckenham. The property is situated close to versatile transport links serving London Bridge/Charing Cross, with local amenities and schools nearby.
Entrance - Part glazed door leading into:
Entrance Hall - Radiator, fitted carpet.
Cloakroom/Wc - Double glazed window to front, low level WC, pedestal wash hand basin inset in vanity unit, radiator, laminate flooring.
Lounge - 4.78m x 3.38m (158 x 111) - Double glazed windows to rear, double glazed French doors leading out to rear garden, double radiator, laminate wood flooring.
Kitchen / Breakfast Room - 5.00m x 2.62m (165 x 87) - Kitchen area:
Recessed spot lights to ceiling, range of wall and base units with worksurfaces over, black single bowl sink and drainer with mixer tap, four ring electric hob with hood over and electric oven under, integrated microwave oven, integrated dishwasher. washer/dryer machine, tiled splash back, tiled flooring.
Breakfasting area:
Double glazed window to front, recessed spot lights to ceiling, double radiator, tiled floor.
Stairs To First Floor - Fitted carpet.
Bedroom One - 4.80m x 2.95m (159 x 98) - Two double glazed windows to front, built in wardrobe with mirror sliding doors, double radiator, fitted carpet.
Bedroom Two - 4.80m x 2.79m (159 x 92) - Two double windows to rear, two built in fitted wardrobes, built in cupboard housing Potterton boiler (not tested by Charles Eden), double radiator, fitted carpet.
Bathroom/Wc - Recessed spot lights to ceiling, L-shaped paneled bath with mixer tap and rain shower with flexihose over, low level WC, wash hand basin with mixer tap inset in vanity unit, low level WC, ladder style radiator, part tiled walls, tiled flooring.
Stairs To Second Floor - Fitted carpet
Landing - Storage cupboard, fitting carpet.
Bedroom Three - 5.38m x 3.66m (178 x 120) - Double glazed window to rear, access to loft, mirror sliding wardrobe to one wall, radiator, fitted carpet.
Outside -
Rear Garden - 9.14mft approx (30ft approx) - Paved, gravel and decked patio area, pedestrian rear gate.
Frontage - Two off street parking spaces.
Service Charge 65.00 Pcm -
Council Tax E -
Epc Rating C -
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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