6 bedroom detached for sale

£1,700,000

6

Bedrooms

3

Bathrooms

Floorplan

Built circa 1925, this stunning detached house has been improved and extended to now offer extremely well-proportioned accommodation over three floors.

The ground floor comprises a welcoming reception hall with open fireplace, stripped floorboards and access to all main reception rooms. The beautiful 19 lounge features an inglenook open fireplace, bay window and polished oak flooring. The kitchen/breakfast room enjoys much natural light and has recently been refurbished and finished with a range of high gloss white wall and base units and high-quality appliances. The large cloakroom doubles as a utility room and then a bright 30 living room/dining room has French doors and sliding patio doors leading to the garden.

The first floor consists of a master bedroom with fitted wardrobes, en suite shower room and adjoining dressing room or nursery. Three additional double bedrooms are served by the spacious family bathroom. The top floor has been converted to offer a 26 bedroom, ideal for a growing teenager or a home office and enjoys lovely views of the garden. Additional loft storage could be converted to form another bathroom or bedroom (STPP). The property is presented in excellent order throughout and benefiting from a recently fitted boiler and double glazing.

The delightful rear garden measures approximately 115 x 60. Mainly laid to lawn, it also enjoys mature trees and shrubs, plus a wide paved patio and side access. There is a shed with power and plumbing, a further shed and greenhouse. The integral garage measures 40 long and could be converted to provide additional living accommodation (STPC). The carriage driveway offers generous off-street parking.

Located just 1/2 mile from Bickley station. Several excellent schools are close by including Bromley High School for Girls and Bickley Park Primary.

Energy Efficiency Rating E | Council Tax London Borough Of Bromley Band G

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

£ 1435450

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 42500
  • 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

£ 160450
  • 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

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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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