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£1,350,000 Guide Price
Bedrooms
Bathrooms
Set on a quiet cul-de-sac off Scotts Lane is this imposing six bedroom, three bathroom, detached family home.
Offering a wealth of bright and spacious accommodation this family home includes, a welcoming entrance hall, kitchen/diner with integrated appliances and a separate utility room, a large lounge and double doors to a second reception/dining room which enjoys a southeast aspect overlooking the garden, downstairs WC, a separate office and also benefits from having a double garage.
Upstairs there are six bedrooms and a family bathroom, three bedrooms benefits from built in wardrobes and the master having its own spacious en-suite shower room.
Externally the rear garden has been beautifully landscaped in a contemporary style, with large patio and grass lawn bordered by mature shrubs and sculptured planting.
This property is in a convenient location with the popular Clare House Primary School about a third of a mile away and Highfield Primary about half a mile away. The Langley Park secondary schools are just under a mile from the property. Shortlands Station is about half of a mile and Bromley town centre with The Glades shopping centre and other amenities is a little over a mile away. Beckenham High Street is a similar distance with mainline train services from Beckenham Junction as well as trams to Croydon and Wimbledon. Local shops are found at the top corner of Westmoreland Road by the junction with Hayes Lane, at Shortlands Village or on Wickham Road by the Park Langley roundabout.
Tenure - Freehold
London Borough of Bromley - Council Tax Band - G
Energy Efficiency Rating - D
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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