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318 Pickhurst Lane, West Wickham
£1,500,000 Guide Price
Bedrooms
Bathrooms
If youre seeking a charming home brimming with character, perfectly positioned for transport links to London and set within fabulous landscaped gardens, this imposing Victorian semi detached property is a must-see. Accommodation over three floors with five/six bedrooms, in a Conservation area and 0.3 of a mile from Shortlands (Zone 4) station. Open fireplaces to the two impressive reception rooms, which both have access to the garden. Spacious, welcoming hallway with wood block parquet flooring, white suite cloakroom and kitchen/breakfast room with oak fitted cabinetry, granite work surfaces and an oak bench seat. Utility room with access to the cellar. Four bedrooms to the first floor, one currently a dressing room, white suite family bathroom and en suite shower room to main bedroom. Two further bedrooms and generous office to the second floor. Gas fired heating with radiators via a Worcester boiler and well maintained timber windows, many being traditional sash style. 0.28 acre plot with a stunning landscaped garden with paved paths and terrace around the tranquil pond, with a pergola to three sides adorned with Wisteria, two areas of lawn and richly planted, established shrub/flower borders and trees. Double Oak carport with EV charging point and garden store, approached via electric double gates and driveway off Shortlands Road.
This property is on the corner of Shortlands Road and Church Road, in a Conservation area. Bus services pass along Shortlands Road with routes to Shortlands, Bromley and Beckenham Town Centres. Shortlands Station and shops in Shortlands Village are about 0.3 of a mile away. Local schools include Valley, Clare House and St Marks Primary schools, Highfield Infant and Junior schools, Harris Primary Academy and Langley Park Secondary schools. Bromley Town Centre with The Glades Shopping Centre, Bromley South and North stations is about one mile away. Queens Mead Recreation Ground is off Queens Mead Road and Kelsey Park can be accessed off Stone Park Avenue and Wickham Road (Beckenham).
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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