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£800,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 800,000 - 825,000
A stunning, four bedroom, extended family home located on a very desirable road, just moments away from Lee station and local amenities.
You enter the property into the hallway which has been laid with a solid wood floor which flows through into the two reception rooms. The main reception room to the front of the house has a feature fireplace and bay window, the partition wall has an opening into the rear open plan Kitchen/Diner.
The Kitchen has a range of modern wall and base units, wooden worktop, tiled floor, Butler sink, dishwasher and built in oven/hob.
The house has been extended to the side provides a large utility space which leads through to the ground floor office space.
The former Garage has been split into a store room and downstairs w.c.
To the first floor there are two double bedrooms, the rear bedroom having built in storage, a third single bedroom and a modern, fully tiled, family bathroom complete the first floor.
The property has the benefit of a loft conversion which now forms the large principle bedroom (19x13) which features a Julliette balcony with views of the rear garden, fitted air-conditioning unit and adjacent the bedroom is a modern, fully tiled, en-suite shower room.
Externally there is a rear garden which has a patio area next to the house with the rest laid with lawn measuring approximately 72 long. The front garden is a large paved driveway with parking, comfortably, for two cars.
The location is fantastic for commuters with Lee Mainline Station, a short walk, providing regular overground trains into London Terminals and access to DLR via a change at Lewisham.
There are regular bus services which are accessible via the South Circular Road, Burnt Ash Hill and Baring Road which also now has the SL4 Superloop link to Canary Wharf.
Those that need their car to commute will find the location provides access to the South Circular, A20 and A2.
Those with Schools in mind will find a range of both State and Independent Schools which include Colfes Independent School, Riverston School, Baring Primary School, and St Winfreds School.
Undoubtedly one of the most popular roads in the area, Pitfold Road is ideally located for local schools, high street amenities and transport links.
Broadband and Mobile Coverage
For broadband and mobile phone coverage at the property in question please visit: checker.ofcom.org.uk/en-gb/broadband-coverage and checker.ofcom.org.uk/en-gb/mobile-coverage respectively.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact and a buyer is advised to obtain verification from their own solicitor or surveyor.
Map location is not available for this property.
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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