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318 Pickhurst Lane, West Wickham
£1,250,000
Bedrooms
Bathrooms
Chain Free beautifully presented and extended five bedroom detached family home, having a 135 established South, South West facing garden, with a superb monkey puzzle tree. Convenient location, within walking distance of Langley Park Secondary and Hawes Down Infant and Juniors, along with West Wickham station and shops in Station Road and West Wickham High Street. Spacious accommodation with an impressive 31 9' x 21 9' L shape kitchen/breakfast/sitting room, ideal for entertaining, with three sets of double glazed bi folding doors to the garden. Fitted kitchen with integrated appliances, Corian work surfaces and an island unit. Separate utility room, study/games room, white suite cloakroom and dining room. White en-suite shower room to bedroom 1, white bathroom and separate w.c.. Three of the five bedrooms have fitted wardrobes and bedrooms one and two have a vaulted ceiling and double glazed bi folding doors, with a Juliette balcony, overlooking the rear garden. Block pavior driveway for three vehicles and storage garage. Attractive garden with wide paved terrace, laid mainly to lawn with established shrub borders and trees.
This property is in the section of Hawes Lane between Red Lodge Road and The Mead. Local schools include the sought after Langley Park Primary and Secondary and Hawes Down Infant and Junior schools. West Wickham Station and Leisure Centre (presently being refurbished) are at the end of Hawes Lane, off Red Lodge Road. West Wickham High Street with some national stores, including a Marks and Spencers and Sainsburys supermarkets, various restaurants and coffee shops is about 0.5 of a mile away. There are shops in Station Road and Red Lodge Road. Bromley High Street is about 2.3 miles away with Bromley South station, providing fast (about 18 minutes) and frequent services to London.
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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