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£700,000 Guide Price
Bedrooms
Bathrooms
SOLD SUBJECT TO CONTRACT VIA CLIFTON & CO
GUIDE PRICE 700,000 - 725,000
Situated in the ever popular Selah Drive, this four bedroom detached home is located in the vicinity of Birchwood Road in an extremely quiet and well regarded cul-de-sac development. All the properties and gardens have the reputation of being well kept which makes this an ideal place to call home. Once inside the ground floor comprises of entrance porch, entrance hall, cloakroom, open plan kitchen/dining/family room, spacious sitting room and large conservatory with covered roof. To the first floor are four double bedrooms with the master having an en-suite shower room and a separate family bathroom. The property sits on a corner plot with a wrap around garden with lawn to the rear with raised flower beds and patio area to the side. If this isnt enough to tempt you there is also a detached double garage and a driveway to the rear. Nearby, you can walk to the popular Swanley boat park, bus routes and is in a prime location for all local amenities, schools, and commuter links. Swanley mainline train station offers a direct commute into London Victoria/Blackfriars in approximately thirty minutes direct, this station is also within the Oyster Card Zone. The property is within easy reach of Swanley, Bexley and Sidcup and there is also easy access to M25/A2/M20 road links, Bluewater shopping Centre and more. This really is a lovely property that you can tell has been well loved and looked after by the current owners and has so much to offer whomever is its next family.
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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