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318 Pickhurst Lane, West Wickham
£1,195,000
Bedrooms
Bathrooms
Handsome detached home in this highly desirable location, close to tranquil Spring Park Woods and modernised and refurbished by the present owners. This imposing residence has a 106 x 109 (max) park like garden, mainly laid to lawn and with a variety of trees and scope for a childrens play area and home office. Two delightful reception rooms and a re-appointed 26 11' kitchen/breakfast room, with a large central island, quartz work surfaces and integrated appliances. This home offers three generous double bedrooms, two of which feature beautifully appointed en-suite shower rooms. Off one of the bedrooms is a roof terrace, which overlooks the rear garden. The family bathroom has a walk in shower and freestanding bath. Gas fired heating with radiators and double glazing. Additional features include garage and brick pavior edged driveway with parking for up to four vehicles. There is further potential to extend, subject to the usual consents.
Copse Avenue runs between Local schools include Oak Lodge Primary and Hawes Down Infant and Junior schools. West Wickham High Street with a Marks and Spencer and Sainsburys supermarkets, other shops, restaurants and coffee shops is about 0.4 of a mile away. Bus services pass along West Wickham High Street. West Wickham Station and Leisure Centre are about 0.9 of a mile away. Bromley High Street and Bromley South station are about 3.1 miles away.
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.
318 Pickhurst Lane, West Wickham
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