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£1,700,000 Guide Price
Bedrooms
Bathrooms
Offered to the market in excellent condition is this impressive five bedroom detached family home. Located in the prestigious Langley Park Estate, the property offers flexible living accommodation and is close to many of Beckenham€™s key amenities including its vibrant high street, beautiful Kelsey Park, the much sought after Langley Park Secondary Schools and The Unicorn Primary School.
The accommodation is arranged over two floors and offers around 3,000 sq ft of versatile living space comprising; a large welcoming hallway, downstairs WC, principal reception room with feature fireplace open to a charming orangery/dining room, two further reception rooms, kitchen/breakfast room with fitted wall and base units, granite worktops, integrated appliances and central island, utility room and double garage with internal access from the kitchen. The rear garden is well maintained with stone patio, lawn and summer house. The first floor provides five bedrooms, two with luxurious en-suites and fitted wardrobes, bedroom five has been fitted out as a dressing room and a large family bathroom with a separate walk in shower and bath. To the front of the property is a driveway and garden with beautifully manicured shrubs.
Completed in 2,000 the Langley Park Estate is one of Bromley€™s most prestigious and well known developments with a gated entrance manned by 24 hour security. Designed and constructed by Laing Homes, the properties created are of excellent size and quality. Transport links are close by with Eden Park station offering regular services to Charing Cross, London Bridge and Cannon Street. Beckenham Junction provides frequent services into Victoria and the City at peak times plus a tram link to Croydon and Wimbledon.
Energy Efficiency Rating: C
Council Tax Band: H
Map location is not available for this property.
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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