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£950,000
Bedrooms
Bathrooms
Extended five bedroom detached family home situated in a third of an acre in the prestigious Chelsfield Park Estate with great potential to develop or extend further (STPP).
The property has been extended and is in need of some modernisation throughout and offers versatile accommodation, the ground floor comprises, entrance hallway, bay fronted main bedroom with a range of fitted wardrobes and cupboards and ensuite bathroom, further second bedroom which is similar in style and another to the rear which could be used as a study. The bright 19ft lounge is triple aspect with a delightful picture window overlooking the garden and has sliding doors to the garden room/conservatory, there is a formal dining room and re-modelled wet room with vanity storage, heated towel rail and under floor heating. The kitchen/breakfast offers plenty of space for entertaining and has a range of wall and base units, space for fridge/freezer, dishwasher and washing machine, 5 ring gas hob and extractor, built-in oven and microwave, two skylights and patio doors to the garden.
To the first floor the property benefits from a spacious landing and two double bedrooms, both with ensuite shower enclosures, heated towel rails, Velux windows, eaves storage and a range of fitted wardrobes and storage cupboards. Other features to note, solid wood parquet flooring, picture rails & coving, double glazing & gas central heating.
Outside, the 230ft secluded rear garden is mainly laid to lawn with an abundance of mature trees and shrubs, fruit trees, full width patio seating and entertainment area with electric awning, electric lights and water taps. The property also benefits from a cellar storage area, timber shed & greenhouse, and summer house with power and light. To the front there is a block paved carriage driveway for numerous cars, up & over door to the garage and raised flower beds.
Julian Road benefits from being part of the residents association within the park where you can enjoy the benefits of a private sports ground with cricket and tennis. The property is walking distance to the local shops in Windsor Drive and Chelsfield Main line station, further facilities can be found in Orpington, Bromley, Sevenoaks and Bluewater. Education is well catered for with a number of highly regarded state and private schools and there is golf and horse riding available within the vicinity. The M25 can be joined at junction 4 allowing easy access to all the 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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