3 bedroom semi-detached for sale

£800,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Requiring updating, this charming semi-detached cottage is set on a secluded, wooded plot and approached via a long gravel driveway an increasingly rare opportunity for buyers seeking character, privacy and potential.

Tucked away on a highly sought-after, tree-lined residential road, the property is ideally located within just a short walk of Shortlands station and local village shops. Bromley town centre, with its excellent shopping, dining and leisure facilities along with The Glades retail centre, is also easily accessible via a pleasant stroll through Queensmead Park and Martins Hill.

Internally, the house offers three bedrooms (the third being a small single) and a shower room to the first floor. The ground floor includes an entrance hall with feature wrought-iron spiral staircase, a fitted kitchen, dining room open-plan to a spacious living room with stone fireplace, plus a useful guest WC. While the property would now benefit from updating, it provides an exciting opportunity to create a bespoke home tailored to individual tastes.

The grounds are a particular highlight: a mature, wooded setting offering a real sense of seclusion and tranquillity. The sweeping gravel driveway provides parking for several cars and leads to a large single garage with light and power.

A unique home full of character and potential available chain free.

Hallway - Entrance door to side; wood flooring; wrought iron spiral staircase to first floor; sash window to rear; radiator.

Lounge - 4.57m x 3.68m (15 x 121) - Two large sash windows to front; feature stone fireplace; fitted shelving; radiator; opening to dining room.

Dining Room - 3.25m x 2.74m (108 x 9) - French doors to rear; wood flooring; radiator; built-in cupboard with space/plumbing for washing machine.

Kitchen - 2.74m x 1.35m (9 x 45) - Window to front; range of fitted wall and base units with granite worktops to two walls; built-in gas hob with extractor hood over; electric oven; stainless steel sink; wood flooring.

Downstairs Wc - Fitted wash basin; WC; wood flooring; wall mounted gas boiler.

Landing - Two windows to side; radiator; access to loft.

Bedroom 1 - 4.14m x 3.68m (137 x 121) - Two arched sash windows to front; period cast iron fireplace with tiled inset; two built-in wardrobes; varnished floor boards; radiator.

Bedroom 2 - 2.90m x 2.54m (96 x 84) - Window to rear; radiator.

Bedroom 3 - 2.77m x 1.40m (91 x 47) - Window to front; radiator.

Shower Room - Window to rear; fitted shower enclosure; pedestal wash basin; WC; part tiled walls; heated towel rail.

Gardens - approx 24.38m (approx 80 ) - The property is set back from the road, in the centre of the plot, providing secluded and useable gardens to both the front and rear. There are numerous mature trees and shrubs, affording much seclusion. A paved patio terrace also features at the rear of the property.

Parking & Garage - Gates to the front provide access to a long gravelled driveway which leads to the property and a large single garage. the garage provides an up & over garage door plus light and power.

Council Tax - London Borough of Bromley - Band D

Location - What3words: ///space.flip.vocal



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

£ 662700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 20000
  • 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

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£

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

£ 62700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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