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£525,000 Guide Price
Bedrooms
Bathrooms
Charles Eden are delighted to offer this three bedroom semi-detached family home located on Brockman Rise within a popular residential area. Also, being moments away from Beckenham Hill train station make it ideal for those who commute to London on a regular basis.
The family home comprises; a welcoming entrance hall, spacious front reception room and a family orientated kitchen/dining room to the rear. Through the kitchen you will find a large 60' length garden. To the first floor are three bedrooms and a white fitted bathroom suite. The property also offers a garage to the side with off street parking for 1 car.
Locally there is a range of lovely parks (Forster Park, Shaftesbury Park and Beckenham Place Park), as well as woodland walks and cut throughs perfect for family occasions. The area is well served by bus with links to Bromley, Beckenham, Lewisham and Catford. Further rail links include trains into London via Beckenham Hill or Bellingham rail stations which are under a mile away. The property is also within the catchment area for multiple Ofsted outstanding rated schools, all within walking distance.
Covered Entrance - Light, part opaque double glazed door with opaque double glazed window to front leading into:
Entrance Hall - coved ceiling, two understairs storage cupboards, radiator, laminate wood flooring
Lounge - 4.04m into bay x 2.90m (1303 into bay x 906) - Double glazed bay window to front, picture rails, radiator, laminate wood flooring.
Open Plan Kitchen Dining Room - 4.65m x 3.48m (1503 x 1105) -
Kitchen Area - Double glazed window to rear, range of wall and base units with worksurfaces over, 1 1/2 bowl stainless steel sink and drainer with mixer tap, four ring electric hob with hood over and oven under, spaces for: fridge freezer, washing machine, gas boiler (not tested by Charles Eden) laminate wood flooring.
Dining Area - Double glazed French doors overlooking and leading out to rear garden, radiator, laminate wood flooring.
Stairs To First Floor - Fitted carpet.
Landing - Opaque double glazed window to side, fitted carpet.
Bedroom One - 4.04m into bay x 3.05m (1303 into bay x 100) - Double glazed bay window to front, radiator, wardrobe, laminate wood flooring
Bedroom Two - 3.48m x 3.10m (1105 x 1002) - Double glazed window to rear, radiator, wardrobe, laminate wood flooring.
Bedroom Three - 2.62m x 1.80m (807 x 511) - Double glazed window to front, radiator, cupboard, laminate wood flooring.
Bathroom / Wc - Opaque double glazed window to rear, comprising paneled bath with shower mixer tap, wash hand basin inset in vanity unit with mixer tap, concealed cistern low level WC, heated towel rail, extractor fan, part UPVC shower panels to walls, vinyl flooring
Outside -
Rear Garden - 18.29m approximately (60 approximately) - Mainly laid to lawn with shrubs. Gate giving access to front.
Frontage - Laid to lawn with hedge and pathway.
Single Garage - With off street parking for 1 car in front of garage.
Council Tax D -
Epc Rating D -
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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