4 bedroom detached for sale

£1,250,000 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

Guide Price 1,250,000-1,400,000
Detached Four Bedroom House With Summerhouse/Studio,
Gated Driveway, Approximately 100 Garden

Chain Free - An opportunity for the buyer who is looking for a detached spacious home in a residential road. This property has recently been decorated throughout and has lovely clean lines.
It has very versatile accommodation and also benefits from a lovely patio area with direct access from the lounge and kitchen and the huge garden benefits from a summer house and storage area and a gated driveway to the front of the property.

You enter through an impressive hallway and to the left you have a room which could be an office and further along the hallway, a large lounge overlooking the garden. The kitchen offers ample space with a breakfast bar and room for a table and chairs. The appliances are built in and the owner has recently put in a new Fridge/Freezer and Dishwasher. There is also a double oven, microwave and plate warmer. A further benefit is a ground floor W.C., utility room and a further room which could be used as a cloakroom for coats and shoes. Off the kitchen there is a double room which could be used as a formal dining room or play room for children.

Upstairs you have a light and spacious hallway with four bedrooms leading off, the principle bedroom has a large ensuite shower room with double shower, basin and w.c. There is also a spacious bathroom with bath, basin, W.C and separate shower.

The garden is laid to lawn with a tree house and a new summerhouse which is great for summer parties or a gym or work room.
Winn Road is situated in a great location for commuters with Lee Station (Zone 3) a short walk away from the home and providing regular services into London Bridge, Cannon Street and Charing Cross providing access into The City and West End. Grove Park is also accessible giving you access two branches of South Eastern and opening up travel to Bromley. Anyone needing to commute into Canary Wharf can access the DLR via a change at Lewisham Station.

There is a vast local bus network with Bus stops locally located on Baring Road, Jevington Road, Mottingham Lane or the South Circular Road providing plentiful options for getting around the wider area.

Close to Winn Road you will find a number of well-regarded primary and secondary schools which include Eltham College, Eltham College Junior School and Colfes.

The delightful green spaces of Manor House Gardens, Northbrook Park, Mountsfield Park are all a short stroll away while Sutcliffe Park and the picturesque Royal Park in Greenwhich are both a short drive away.



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.

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

£ 1037700

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
    £ 31250
  • 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

£ 100200
  • 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

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  %

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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