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£1,250,000 Offers in excess of
Bedrooms
Bathrooms
Impressive five double bedroom, three bathroom detached house situated on a corner plot within The Hollies Development, which is ideally situated for Sidcup train station, excellent Preparatory, Primary and Grammar Schools.
This stunning family home has been subject to a considerable amount of modernisation, finished to an exceptionally high standard.
Completely remodelled the property comprises a large entrance hall, open planned kitchen/diner and family room, lounge, utility room, conservatory which has a warm roof on it and is currently used as an office, childrens playroom and a cloakroom on the ground floor. On the first floor are five double bedrooms, the master bedroom has a hidden dressing room/wardrobe area plus an en suite shower room, There is another en-suite to the second bedroom and a family bathroom.
The comprehensive refurbishment has been completed to an exceptionally high specification and detail.
Outside the driveway provides off street parking for three cars and there is access to the garage.
The gardens that wraps around the property have been well maintained and are established.
There is a non compulsory option to become a member of The Hollies Leisure Centre with its own swimming pool, gymnasium and tennis courts.
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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