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£1,500,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,500,000-1,600,000
Offered to the market is this beautiful 1930s family home boasting an impressive 2,370 sq ft of accommodation and occupies a generous plot on one of Beckenham€™s finest tree lined roads. With local amenities and transport links close by, this substantial five bedroom property will surely make an ideal family home.
This detached five bedroom, two bathroom house is the perfect opportunity into the renowned Park Langley area with planning granted for a second floor rear extension.
Offering spacious accommodation and arranged over two floors, the property opens to an entrance hallway which provides access to the principal reception rooms including a dining room and a reception room and to the rear of the house a wonderful, open plan kitchen/dining/living room. The kitchen includes features such as underfloor heating, skylight and all kitchen appliances are included in the purchase. This is an impressive living and entertaining space which opens via a bank of bi folding doors to a patio area and the garden is mostly laid to lawn. The ground floor accommodation is completed by a study/playroom and a utility room including appliances i.e. washing machine and tumble dryer. The front of the property has ample parking for several vehicles across a carriage driveway.
Upstairs on the first floor are five bedrooms, two of which are double and one of which has an en-suite, and a four-piece family bathroom is situated on this floor, also, with both bathrooms benefitting from underfloor heating.
Brabourne Rise is one of the most sought after roads in Beckenham and is located in the centre of the Park Langley conservation area. It is within easy reach of Beckenham town centre, offering a wide range of shops, restaurants, wine bars and coffee shops. Transport links are plentiful with Beckenham Junction providing frequent services into Victoria and the City at peak times, plus a tram link to Croydon and Wimbledon.
Eden Park Station is also close by offering direct links to Lewisham where you can change for the DLR or to London Bridge, Charing Cross and Cannon Street. Local schools include the Langley Park schools, Clare House and Unicorn. The picturesque Kelsey Park is also within walking distance.
Tenure: Freehold
Energy Efficiency Rating E
Council Tax Band G
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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