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£850,000
Bedrooms
Bathrooms
SPACE FOR HOMEWORK, MOVIE NIGHTS, AND SUNDAY ROASTS.
Step inside, and this house instantly wraps you up in space and warmth. The wide entrance hall opens to two inviting lounges, one flooded with light from a beautiful bay window, the other with its stunning Feature fireplace, perfect for cosy evenings. The kitchen is the true hub of the home: a contemporary, sleek, grey gloss design with an island breakfast bar, and room for a table. Theres a utility room to keep life running smoothly, a conservatory for lazy afternoons. You will find a generous bathroom with a walk-in shower, and even a downstairs bedroom ideal for guests, working from home, or making room for three generations under one roof.
BIG FAMILY? BIG DREAMS? THIS BROMLEY HOME HAS YOU COVERED.
Upstairs, four generous bedrooms and a family bathroom await, while the loft has been transformed into a bright extra room with Velux windows, a dreamy hideaway for a teenager, a playroom, or a peaceful studio. With high ceilings, period features, new carpets and flooring, and a driveway for three cars, this house blends character with practicality. And with Beckenham Place Park nearby, family walks, picnics, and dog adventures are all on your doorstep.
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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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