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£870,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 870,000 - 900,000
Stunning three/four bedroom 1930s chalet style semi-detached house with over 2000 sq. ft. of living accommodation. The property was extended in 2016 offering an impressive, generously sized home. To the ground floor there is a good sized hallway with door leading to an integral garage, WC, a beautiful redecorated bright and airy reception room with feature fire surround, and doors opening onto the front garden. There is a superb, generously proportioned open plan kitchen/breakfast/family room which forms the relaxed hub of the house benefiting from a central island, integrated appliances and a good sized larder along with an additional play room/bedroom 4 and utility room. There are sliding doors opening onto a good sized rear garden with lawn area and L shaped patio which is ideal for entertaining. To the first floor there are three good sized bedrooms with bedroom one having fitted wardrobes and all being of a bright and airy aspect. There is also a good sized family bathroom with a white suite. To the side of the property there is an integral garage with an electric roller door and off street parking for several cars. Further benefits include 'Nest' dual zone heating system, double glazing and the vendor informs us there was planning permission for an en-suite and a walk in wardrobe (may have lapsed). In our opinion there is also further opportunity to extend, subject to the usual planning consents. St. Augustines Avenue offers access to Bromley South and Bickley Stations with fast and frequent services into London. Also well positioned for sought after schools including Bullers Wood, Bromley High Secondary School and Bickley Park Independent School. In our opinion early viewing recommended. Under the Estate Agency Act we declare the vendors are related to a member of our staff.
Tenure: Freehold - Bromley council tax band: F -EPC Rating: D
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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