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£840,000
Bedrooms
Bathrooms
An absolute dream come true house offered to the market in pristine condition and perfect for the more discerning buyer, is this extended and remodelled 1930s semi detached residence
The location is so popular nestled amongst other residential roads within the borough of Bexley and in close proximity to a host of great Bexley schools.
The central attraction of the property is the ultimate open living space which features open plan living, dining and kitchen area which is flooded with light courtesy of the bi fold doors and triple skylight windows, featuring a log burner, led display wall and stone flooring with under floor heating, the rest of the accommodation includes a separate formal lounge, 4 bedrooms and luxury bathroom with freestanding bath and large walk in shower, together with a utility area and ground floor shower room
Every inch of the house has been meticulously refurbished with oak flooring throughout the hallway, bedrooms and the beautiful stairway.
The whole property is decorated in light and neutral colours and is completed with contemporary doors, double glazing and gas central heating.
At the rear of the garden is a detached studio/office with bi folding doors, under floor heating complete with own kitchen and cloakroom.
Also has a good size driveway. Offered to the market chain free.
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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