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£2,300,000
Bedrooms
Bathrooms
A spacious six bedroom detached family home located on the boarders of Chislehurst and Bickley. After undergoing an extensive extension by the current owner, the property boasts over 4300 sqft of living space with an additional 2000 sqft indoor pool with sliding glass enclosures which opens into the westerly facing rear garden.
Arranged over two floors, the property comprises; a spacious entrance hall, main reception room with parquet flooring, formal dining room, fitted kitchen with utility room, two home offices of which one can be used as a seventh bedroom and an impressive 493 sqft games room with bar area. Across the first floor is spacious landing which is currently arranged as a seating/reading nook, family bathroom and five double bedrooms all of which have fitted wardrobes with addition to the master bedroom with walk in dressing room and all bedrooms have private en-suites.
The standout feature of the property is the exceptional pool area which spans the rear of the property and has a retractable roof for all year-round use. There are additional outbuildings which act as home gym, pump house and workshop/studio.
Westleigh Drive is close to a great choice of gastro pubs, restaurants and cafes in and around Chislehurst village and Bickley. Several excellent schools are close by including Bromley High School, Bullers Wood, Bickley Park and Braeside. Three different train stations are within close proximity; Bickley 0.5miles offering fast and frequent services into Victoria, Chislehurst 0.7miles and Elmstead Woods 0.8miles, both with regular services into London Bridge, Cannon Street and Charing Cross.
Tenure - Freehold | Council Tax Band - G
Map location is not available for this property.
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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