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£1,200,000 Guide Price
Bedrooms
Bathrooms
Attractive five bedroom detached family home with self contained annex, set in a highly desirable location on the edge of the charming village of Halstead overlooking open countryside.
The property is well presented throughout and offers versatile accommodation, the ground floor comprises, entrance hallway with Amtico flooring, bay fronted reception room which could be used as a dining room/playroom and a 19ft lounge with french doors to the garden. The open plan kitchen/diner has a range of wall and base units, built in Stoves oven and hob with extractor hood, full height fridge, integrated dishwasher, under canopy lighting and Karndean flooring, the Canadian Redwood conservatory offers a great space for entertaining. The property also benefits from a utility room and cloakroom.
To the first floor, the original house has four bedrooms, most with a range of fitted wardrobes and cupboards, ensuite shower room and family bathroom with panel bath and vanity storage. The loft space is boarded and insulated with ladder and light. Other features to note, leaded light windows, sliding pocket doors, Loxone automation lighting system, under floor heating, Hive heating controls and galleried landing.
The self contained annex consists of a 14ft lounge with french doors opening to a courtyard style garden, cloakroom with Amtico flooring, kitchen with storage cupboards, plumbing for washing machine and dishwasher, built-in oven and hob and integrated fridge/freezer. The second staircase leads to a double bedroom with fitted wardrobes and spacious ensuite bathroom with separate shower enclosure. The annex benefits from side and rear access and therefore can have its own private entrance if required.
Outside, the secluded rear garden is mainly laid to lawn with mature trees and shrubs, has a patio seating area, Cedar shingle Wendy house and two timber sheds. To the front there is an extensive gated driveway for numerous cars, storage garage for bikes and side access.
Watercroft Road is set in a semi rural location and for those wishing to commute to London, can do so from Knockholt Station. Chelsfield and Orpington main line stations are also a short drive away. The property is close to highly regarded state, grammar and private schools, including St. Olaves Grammar and Newstead Woods. Polhill Garden Centre, bridleways and woodland walks are all within a mile and the M25 can be joined for major road networks, Gatwick and Heathrow airports.
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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