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£1,300,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 1,300,000 to 1,400,000''
Favourably positioned upon this desirable road, a stylish four bedroom detached family house offering over 1,900sqft of accommodation.
On arrival you are greeted by a stunning sweeping driveway boasting off street parking for multiple vehicles, garage and a grand entrance hall with the main reception room to the right and to your left you will find the ground floor shower room, entrance to the open plan kitchen/diner and utility room. The main reception room boasts beautiful dividing doors to the dining room which further comprises stunning bi-fold doors across the rear providing an incredible view out onto the large rear garden.
To the first floor you will find the principle suite and en-suite shower room, three additional double bedrooms, a contemporary family bathroom and ample storage for the whole family.
Situated just 0.5 of a mile from Elmstead Woods station for your commute to London and just 0.3 of a mile from Bullers Wood School, making this a desirable location for families. For all you Golfers, you have the choice of two extremely good courses on your doorstep.
This location is so easy for amenities, Bromley Shopping Centre is close by and you could walk but from Sundridge Avenue there is a direct bus route. The A20 and A2 are also within easy reach, taking you into Kent one way and London in the other direction.
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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