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£335,000 Guide Price
Bedrooms
Bathrooms
Two bedroom fifth floor apartment set within a popular block close to the amenities of both Beckenham Junction Station and Beckenham High Street. Offered to market, with no chain, is this wonderful flat with views from the juliette balcony and large terrace of Beckenham Green and St Georges Church. Lift service to all floors, allocated tandem double parking and security entry phone. Viewing highly recommended
Communal Entrance - Intercom system, double glazed door leading into:
Communal Hall - Stairs and lift to:
Fifth Floor - Personal door leading into
Hallway - Intercom receiver unit, storage cupboard, laminate wood flooring.
Reception Room - 3.96m x 3.81m (130 x 126) - Double glazed window to front, double glazed double doors opening to Juliet balcony, recessed spot lights to ceiling, storage heater, laminate wood flooring.
Kitchen - 2.74m x 2.03m (90 x 68) - Range of wall, base and drawer units with worksurfaces over, stainless steel sink and drainer with mixer tap, four ring electric hob with hood over, electric oven, integrated fridge freezer, dishwasher and washing machine. tiled flooring.
Bedroom One - 3.63m x 2.69m (1111 x 810) - Double glaze window to front, built-in double wardrobe, cupboard housing boiler (not tested by Charles Eden), storage heater, fitted carpet.
En-Suite Bathroom/Wc - Recessed spot lights to ceiling, extractor fan, paneled bath with mixer tap and shower over, shower screen, pedestal wash hand basin with mixer tap, low level concealed cistern WC, chrome ladder style heated towel rail, mirror to one wall, part tiled and mosaic tiled walls, tiled flooring.
Bedroom Two - 2.44m x 2.36m (80 x 79) - Double glazed window to front, built-in cupboard, storage heater, fitted carpet.
Shower Room/Wc - Recessed spot lights to ceiling, fully tiled shower cubicle, pedestal wash hand basin, low level concealed cistern WC, chrome heated towel rail, mirror to one wall, part tiled and mosaic tiled walls, tiled flooring.
Outside -
Parking - Allocated parking - number 6
Lease - 125 years from 24/12/2002
102 years remaining
Service Charge - 3,516 per annum
Ground Rent - 250.00 per annum
Council Tax C -
Epc Rating B -
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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