5 bedroom detached for sale

£2,000,000 Offers in excess of

5

Bedrooms

4

Bathrooms

Floorplan

An immaculately presented five double bedroom detached family home located in the heart of the sought after private Bickley Park estate.

After undergoing a full program of refurbishment by the current vendors, the property has been designed and finished to an incredibly high standard throughout to offer the perfect home for entertaining and modern-day family living.

Sat behind electronically controlled concertina gates, the property offers secure parking as well as access to spacious garages which are accessible via an internal staircase. Arranged over three floors comprising a grand reception hall with vaulted ceiling and gallery landing, a large through lounge with duel aspect views and French doors leading onto the rear garden, home office , TV room/snug and a large open plan kitchen diner which again opens onto the garden area. The bespoke kitchen benefits from central island with stone worktops and appliances from Neff which consists of a double multifunction ovens, warming tray, induction hob with further wine cooler and dishwasher. Across from the dining area is a spacious utility room with American fridge freezer, washing machine, tumble dryer and ample storage as well as a separate pantry.

Across the first floor is a beautiful family bathroom and five double bedrooms of which two could easily act as the master bedrooms and both benefit from walk in dressing rooms and private en-suites.

Noteworthy features include a state-of-the-art Resideo multi-zoned heating system which can be used with phones or thermostats for controlling underfloor heating, radiators and hot water, Unifi network system for WiFi, Netgear interlink system for sky TV viewing, Hik connect for CCTV cameras and alarm for use on phones, monitor and fobs.

Externally, the property has landscaped front and rear gardens with future uplighting and BBQ area as well as ample outside storage.

Located only 0.4 miles from Chislehurst station and 0.6 miles from Bickley station as well as being close proximity to sought after schools including, Babbington House, Braeside, Bullers Wood, Eltham college and Bromley High.

Tenure - Freehold | Council Tax Band - H

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

£ 1703950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

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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
    £ 50000
  • 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

£ 203950
  • 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

Adjust these figures

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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

Adjust these figures

  %

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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