4 bedroom detached for sale

£1,275,000

4

Bedrooms

2

Bathrooms

Floorplan

Attractive four bedroom detached family home 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 has been extended by the current owners, the ground floor offers versatile accommodation and comprises, entrance hallway, 37ft reception room with reflective glass roof lantern, log burning stove and bi folding doors opening to the garden. The contemporary kitchen/diner has a range of white high gloss wall and base units, quartz worksurfaces, induction hob, breakfasting island with mounted TV, undercounter fridge, built-in double Neff oven, microwave, integrated dishwasher, full height fridge and freezer and a further set of bi folding doors and roof lantern. The property also benefits from a utility room, cloakroom and a further reception room with character beams, this could be used as a study, playroom or guest bedroom. Other features to note, under floor heating, engineered oak flooring, leaded light windows, pendant lighting, roman blinds, anthracite radiators and security alarm system.

To the first floor there are four bedrooms, some with a range of fitted wardrobes and cupboards, ensuite to master with large shower enclosure, heated towel rail and vanity storage, and a family bathroom with freestanding bath and separate shower enclosure. There is a loft space with ladder and light, airing cupboard and stairway with glass balustrade.

Outside the secluded 180ft rear garden is mainly laid to lawn with established mature trees and shrubs, there is a full width patio, raised seating area, swing seat and BBQ area. The property benefits from side and rear access with workshop, lighting, power sockets and water tap. To the front there is an attractive front garden bordered by hedgerow, extensive block paved driveway for numerous cars with electric gates, and an integral garage with power and light.

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.


EPC Rating: C

Features
  • Freehold

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

£ 1059575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 31875
  • 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

£ 103325
  • 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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