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£675,000 Guide Price
Bedrooms
Bathrooms
This generously extended, larger than average, semi-detached family home is now available for sale in the heart of Mottingham Village, SE9. Already boasting ample living space, the property also offers exciting potential for further extension (subject to planning permission). On the ground floor, youll find a spacious through-lounge reception room which leads into an additional reception room which offers access into a bright conservatory. Also on the ground floor is a dedicated home office, a large kitchen/diner, and a convenient shower room.
Upstairs, the first floor features a well-proportioned family bathroom and three bedrooms, two of which come with fitted wardrobes and offer plenty of space throughout. Potentialy to further extend into the loft (stpp.) is also an option. Externally the property boasts a large driveway for 2 - 3 cars, an attached garage with rear access and a further two storage sheds in the rear garden which contains both paving slabs and lawn and spans over 95ft in length.
The property is conveniently located for Mottingham Rail station, plenty of bus links and local amenities such as Lidl, Mottingham Parade and a local M & S simply food also within walking distance. This property makes an ideal purchase for a growing family in search of somewhere within catchment areas for good schools. Highcombe Close is within walking distance of the well known Eltham College and also within 1 mile of Middle Park Primary, St. Vincents Catholic Primary and Kings Oak all of which are ofsted rated Good.
Enquire today for your earliest viewing opportunity.
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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