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£1,150,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,150,000 to 1,250,000.
A magnificent beautifully presented three/four double bedroom period house situated in a very sought after location set within the Christ Church Conservation area which is a short walk to Sidcup train station, several preparatory schools including Benedict House, West Lodge and Merton Court as well as Chislehurst and Sidcup Grammar School.
Having been thoughtfully modernised retaining all the original features and charm, this period property has been finished to an exceptionally high standard.
This stunning family home features newly plastered walls and ceilings with coved architrave ceilings, high skirtings, log burner to the lounge with some decorative cast iron columned radiators installed, feature fireplaces, bespoke fitted kitchen, four en-suites, new pressurised heating and hot water system, modern bathrooms and shower rooms, be-spoke sash and case window shutters.
On the ground floor off the hallway is a cloakroom, access to the dry cellar with generous head height providing access to the utility area and heating systems.
Off the entrance hall is a gorgeous lounge which has access to the side garden, a large dining room which has access to the garden and a spacious kitchen/diner that gives access to the garden.
The first floor comprises, main bedroom with an en-suite feature bathroom, two additional double bedrooms both with en-suite showers and a loft conversion that features a double bedroom with an en-suite shower room. There are fitted wardrobes to the main bedroom and loft bedrooms.
The majority of the rooms have a double aspect feature allowing light to stream though.
Outside the property is situated on corner plot with a garden to the rear and side that offers huge potential; to extend (STPP).
There is ample off street parking with an in and out driveway.
The garden in total extends approximately 120ft from the front to the rear. Laid mainly to lawn with with a wealth of established planting.
Council Tax Band G.
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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