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£1,850,000 Offers in excess of
Bedrooms
Bathrooms
Located in the ever popular Sundridge Park is this outstanding and charming five bedroom, four bathroom, detached Victorian family home.
Having undergone a major programme of renovation, the owners have restored this beautiful period property and its abundance of period features to an impeccable standard, along with new updated features in keeping with the latest contemporary lifestyle choices.
The accommodation offers in excess of 4,200 sqft and is complimented throughout by high ceilings, restored fireplaces, ornate Victorian radiators, original cornice and ceiling mouldings as well as fully refurbished original doors, floors and stair balustrades.
Modern updates include double bi-fold doors in the dining area opening onto the patio, underfloor heating in the kitchen and main bathroom, German matt finish handleless kitchen with quartzstone work tops, monitor audio ceiling speakers throughout (hardwired), BBQ area with outdoor kitchen and Italian granite tiled patio.
The ground floor comprises; large entrance hallway, office, TV/sitting room, downstairs cloakroom, large reception/drawing room, play room and kitchen/diner with utility. To the first floor there are four double bedrooms, two with en-suite facilities and a main family bathroom. The second floor offers a large open plan fifth bedroom, bathroom, separate snug and eaves storage.
Other notable features include a cellar which can be converted for numerous uses such as a gym, second office or storage, a newly built garage to the side and to the front of the property, newly built K-rendered walls with iron railing and coping stones and a new Victorian style tiled entrance with gravel drive.
Cambridge Road is ideally located for quality local amenities, including coffee shops and boutiques, plus Sundridge Park station (0.4m) with services into London Bridge, Charing Cross and Cannon Street via a connection at Grove Park. Local schools include Parish CofE, Scotts Park and Breaside Independent school.
Energy Efficiency Rating C | Council Tax London Borough Of Bromley Band G.
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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