5 bedroom bungalow for sale

£1,000,000 Offers in excess of

5

Bedrooms

3

Bathrooms

Floorplan

'''ARGUABLY THE BEST BUNGALOW IN BEXLEY'''

Harpers & Co are delighted to OFFER THIS UNIQUE OPPORTUNITY TO acquire this deceptively large 5 bedroom bungalow set in a quiet cul-de-sac in Bexley in an elevated position overlooking the favoured Shuttlemead occupying a large corner plot.

This luxurious property comprises of a large reception room, dining room (7m x 5m) and large bespoke fully fitted modern kitchen with large central island. The living area comprises 5 bedrooms, 4 of which are doubles, 2 with en-suites and a family shower room. All the bedrooms are bright and in particular the master is impressive with attractive garden views.

Upon entering the dining room you are greeted by a large open room with big sliding doors opening up to the garden. The dining room is open plan to a large well equipped kitchen with large central island on one side leads to a reception room on the other. The dining room also leads out to a utility room/conservatory with fantastic views of the landscaped garden and large decking area.

Each bedroom has natural light streaming in through the vast windows this property has to offer. This property is well thought out and has been decorated to a high standard. Overall, this estate is a credit to the current owner and would make a fantastic family home in a unique and enviable location..

To the rear is a sizeable well maintained garden, gazebo and areas filled with mature trees shrubs and plants. The closest station is in Bexley Village and Bexleyheath town centre is within access.You will be pleasantly pleased when viewing this property as the property has been well maintained by it current owners, so a viewing is highly recommended.

Book now to view through award winning Harpers and Co Estate Agents to avoid disappointment.



Features
  • Freehold

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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