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£1,275,000 Offers in excess of
Bedrooms
Bathrooms
A former coach house to one of the four manor houses located on Manor Park. This beautifully restored period home has been lovingly bought into the 21st Century by the current owners offering modern family living with versatile accommodation.
Encased via the original brick wall and stable door which leads to a south facing courtyard and front entrance door. The entrance hallway offers a stunning vaulted ceiling with large glass picture window and skylights, flooded with natural light. The first-floor compromises of a large kitchen/dining/family room the modern fitted kitchen with integrated appliances truly is the heart of this unique family home and boasts a custom-made wine cellar where the original inspection pit once was, bifold doors to the side of the room open fully to the southernly courtyard perfect for entertaining. Across the hall you will find a large family lounge, shower room/WC, a further reception/bedroom 5 and spacious utility/boot room.
To the first floor is the master suite with vaulted ceiling and exposed beams, dressing area and freestanding bathtub, a further shower room, three further double bedrooms and family bathroom.
Ideally placed for Royal Parade with boutique clothes shop, coffee shops and restaurants with alfresco dining and a selection of bistro style pubs all within walking distance a property not to be missed.
Tenure - Freehold
Council Tax London Borough Of Bromley Tax Band - E
Energy Efficiency Rating - C
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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