5 bedroom detached for sale

£1,200,000

5

Bedrooms

2

Bathrooms

Floorplan

Offered to the market chain free this impressive extended five-bedroom detached family home.

This impressive extended five-bedroom detached family home provides exceptional space and contemporary design, perfect for modern family living.

Internally, the property features a generous open-plan kitchen and reception area, showcasing a stylish two-tone gloss kitchen with island, bi-folding doors opening onto the rear garden, and underfloor heating throughout. Additional highlights include a utility room with side access, a versatile bonus room ideal for a study or playroom, and a formal dining room for entertaining.

The first floor offers five well-proportioned bedrooms, three of which benefit from built-in wardrobes. The principal bedroom boasts double-height ceilings, bi-folding doors overlooking the garden, and a luxurious three-piece en suite. A family bathroom and a separate WC complete the accommodation.

Externally, the property provides off-street parking for multiple cars, side access, and a garage/storage room. To the rear, a beautifully mature southwest-facing garden, extending to approximately 130 feet, offers a private and tranquil outdoor retreat.

Ideally situated for West Wickham High Street with its many amenities, that include pubs, restaurants, parks and leisure facilities. Just minutes walk to West Wickham main line station offering frequent services to London. Excellent schools are in close proximity including Langley Park School (0.8 miles) and Hawes Down Primary school (0.3 miles) and Unicorn Primary School (1 mile).

Tenure: Freehold / London Borough of Bromley - Council Tax Band: F / Energy Efficiency Rating: C

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

£ 993950

Mortgage Loan to Value

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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
    £ 30000
  • 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

£ 93950
  • 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

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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