4 bedroom detached for sale

£1,250,000 Offers in excess of

4

Bedrooms

3

Bathrooms

Floorplan

GATED PROPERTY SET WITHIN APPROXIMATELY 3 ACRES! This SUBSTANTIAL FOUR BEDROOM CHALET STYLE DETACHED RESIDENCE having the benefit of THREE EN-SUITES, FAMILY BATHROOM and DOWNSTAIRS W.C.

On the ground floor- Thisinviting lovely home has a centrally located PORCHand ENTRANCE HALL,DOWNSTAIRS CLOAKROOM... GreatRECEPTION ROOM takingup most ofthe left hand side with central pillar. To the right of the hallway there is a good size KITCHEN. with doorfrom entrance hall and doorway from the kitchen leading through to DINING AREA. Equally from the kitchen there is a doorway to INNER HALL with doors leading to UTILITY ROOM and a lovely CONSERVATORY overlooking the garden.

On the first floor-The landing leads to all bedrooms. THE MASTER BEDROOM has a FRONT FACING BALCONY, together with EN-SUITE SHOWER ROOM. The SECOND BEDROOM has an EN-SUITE BATHROOM, The THIRD BEDROOM has an EN-SUITE BATHROOM. The FOURTH BEDROOM is just a bedroom.

Externally- Set within approximately 3 Acres... Accessed via a gated area with ample parking. There is a DETACHED GARAGE, an OUTBUILDING/ SUN ROOM. Together with OUTDOOR SWIMMING POOL.

LOCATION:Downeis an area 3.4miles (5.5km) south westerly of Orpingtonand part of the London Borough of Bromley. The Village lies to the North Downs, and much of thecentreitself hasnt changed for some time. Set within a Conservation area in the Metropolitan Green Belt- DowneVillage has a lot to offer. There are bus links to Orpingtonstation with direct access to London Victoria and London Bridge. Also being within reach of M25 Motorway.

TENURE: FREEHOLD

LOCAL AUTHORITY: BROMLEY

EECRATING: D

TOTAL FLOOR AREA: 305 SQUARE METRES

IMPORTANT NOTICE: Key Property Consultants , their clients and any joint agents give notice that:


1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.


2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Key Property Consultants have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.


3. Floor plans FOR IDENTIFICATION ONLY. Measurements and location of rooms, windows, doors etc. is approximate and should not be relied upon.


Key Property Consultants Limited. The Fold, 114 Station Road, Sidcup, Kent. DA15 7AE



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

£ 1037700

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
    £ 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

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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

£ 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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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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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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Notes

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