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£900,000
Bedrooms
Bathrooms
Situated in a delightful sylvan setting, is this attractive five bedroom detached family home with spectacular views over the countryside and within easy reach of Chelsfield and Orpington mainline stations.
The Homestead was built in 1996 by Berkley Homes, and lies on the cusp of Well Hill close to Lullingstone Park Golf Course. The property is well presented throughout, offering versatile accommodation with further scope to extend (STLP). The ground floor comprises, bright entrance hallway with under stairs storage, triple aspect reception room with open fireplace, stone surround and mantle, bay window seating providing front row viewing to incredible sunsets and french doors to the garden. The kitchen/breakfast has a range of wall and base units, built-in oven with hob and extractor hood, and space for dishwasher and fridge/freezer. The property also benefits from a utility and cloakroom and the two further reception rooms are currently being used as a dining room and spacious study.
To the first floor there are five bedrooms, some with fitted wardrobes and cupboards, ensuite to master and family bathroom. Other features to note, coving & ceiling roses, wood effect flooring, leaded light windows, security alarm and partially boarded loft space with ladder and light.
Outside the wrap around garden is mainly laid to lawn, well maintained and bordered by mature trees and hedgerow with an extensive paved terrace for entertaining. There are two apple trees, two cherry trees, one damson and one peach tree. There is also a vegetable garden with four prepared beds. To the front there is a private gated entrance with driveway leading to the double detached garage which has power and light. Please note that the property has private drainage and has oil fired central heating.
Despite the privacy the property is highly accessible for London, with Chelsfield or Orpington station being a short drive away. There is easy access to walks from the house to Lullingstone Country Park and Shoreham Woods and there are two gastro pubs nearby. For recreational leisure you will find cricket, tennis and three golf clubs close by and other local amenities can be found in Chelsfield, Green St Green and Orpington, where you will find an array of shops, cafes and restaurants. Bluewater shopping centre offers further leisure facilities. The area is particular renowned for the quality of schools both in the private and state sectors including St Olaves with safe cycle rides, and Newstead Wood. The M25 can be joined for major road networks, Gatwick and Heathrow airports.
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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