4 bedroom detached for sale

£2,500,000

4

Bedrooms

3

Bathrooms

Floorplan

A truly stunning detached four-bedroom family home located within the heart of Beckenham.

The currents owners have completely transformed and modernised this property throughout making a beautiful family home ready to turn the key and move in, with 3,218 sqft of immaculate living space whilst set back with an abundance of kerb appeal.

Over three floors the property comprises; a spacious welcoming entrance hall with solid wood herringbone floor, TV room, dining room, a larger than average reception room, snug with crittal style doors which leads to a vast kitchen finished impeccably making this a family space to enjoy and entertain with feature island, integrated appliances and tiled underheated floor which also allows plenty of natural light with glass doors. Additionally, there is a utility room and downstairs WC.

Across the first floor is a stylish family bathroom and two bedrooms which the master bedroom benefits from an en-suite and ample built in fitted wardrobe space.

To the top floor of the house is another two double bedrooms and bathroom. Everything in the house has been completed to a quality high specification making this a desirable home to enjoy with pride.

Additional features include an in and out driveway and huge lawned private garden with built in BBQ/kitchenette patio area.

Kelsey Way is a premier road within yards from the entrances to Kelsey Park on Manor Way. Beckenham High Street is about half a mile away with a range of shops, restaurants, and other amenities. From Beckenham Junction there are trains to Victoria and The City as well as trams to Croydon and Wimbledon. Clock House station is also about a mile away with connections to The City and DLR at Lewisham for Canary Wharf. There are a good number of schools in the area with the closest being the Harris Academy and Primary, just around the corner on Manor Way.

Tenure: Freehold
Council Tax Band G

Energy Efficiency Rating E

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

£ 2151450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

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
    £ 62500
  • 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

£ 276450
  • 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

Adjust these figures

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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

Adjust these figures

  %

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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