5 bedroom detached for sale

£1,875,000

5

Bedrooms

3

Bathrooms

Floorplan

Offered with no onward chain, this beautifully presented gated family home set on a private road on the border of both Chislehurst and Petts Wood with a collection of boutique stores, family run butchers, coffee shops and restaurants along with large chain supermarkets and mainline stations with fast access into London Bridge & Victoria.

This well-placed family home offers spacious accommodation with a Westerly facing rear garden of over 80ft.

To the ground floor you will find a large entrance hallway accessing all four reception rooms with two front facing and a separate rear facing reception currently used as a gym with French doors out to the rear garden. Reception four forms part of the large kitchen/dining/family room with bifold doors opening out to the large, tiled patio area, this room benefits from several skylights which flood the room with light. The fully fitted kitchen incorporates a large island with built in hob, space for a large American style fridge freezer, and built in appliances. There is space for a large dining table and seating nicely arrange around the log burner for the colder evening. You will find a well-equipped utility off the kitchen and a downstairs shower/guest cloakroom.

To the first floor a galleried landing gives access to the five bedrooms with the master offering a walk-in wardrobe/dressing room and a four-piece bathroom with Jacuzzi bath and separate shower, the remaining four bedrooms are all double with two benefiting from fitted wardrobes, and a family bathroom.

Externally you will find a large, tiled patio offering alfresco dining and seating, the bespoke made bar is perfect for entertaining with plenty of space for children to play on the manicured lawn. To the front the paved driveway is encased by electric gates and gives access to the garage.

Further benefits include, Grid enabled solar panels, hardwired entertainment/sound system and under floor heating.

Tenure - Freehold
London Borough of Bromley - Council Tax Band - G
Energy Efficiency Rating - B

Map location is not available for this property.

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

£ 1592075

Mortgage Loan to Value

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Gross Yield

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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
    £ 46875
  • 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

£ 185825
  • 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

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  %

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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