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£1,300,000 Guide Price
Bedrooms
Bathrooms
''Guide Price 1,300,000 - 1,400,000''
Large four-bedroom three bathroom detached family home excellently located just 0.4 miles from Bromley South Station and Bromley Town Centre.
Comprising to the ground floor; entrance hall, bright and airy reception room with fireplace, open planned kitchen/dining room, and a further two separate reception rooms which have access to the garden, utility room and downstairs shower room/WC. The attractive home offers in excess of 2684 square foot of bright and spacious accommodation over two floors.
To the first floor there is a stylish family three-piece bathroom, four double bedrooms, the master bedroom benefiting from an en-suite and all benefiting from built in wardrobes. Externally the private and secluded garden has been beautifully landscaped in a modern and contemporary style, with large patio and grass lawn bordered by mature shrubs and sculptured planting
This property is located at the beginning of Cameron Road and as such is ideal for Bromley South Station (0.4 miles) with services into Victoria (17 mins approx.). Bromley Town Centre is within walking distance with an array of shops, bars and restaurants including the Glades shopping centre, The Churchill Theatre and the St Marks Square development with numerous well known restaurant chains and a state of the art 9 screen cinema complex.
Tenure - Freehold
Energy Efficiency Rating - D | Council Tax London Borough Of Bromley Band F
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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