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318 Pickhurst Lane, West Wickham
£1,350,000
Bedrooms
Bathrooms
Impressive and substantial detached house in a PRIME LOCATION for excellent schools including Hayes Secondary and being only 0.6 of a mile to Hayes Station. Occupying a wide plot in this cul de-sac location, this house has been in the same family for almost 100 years and is now looking for new owners to call it their forever home. Beautiful Oak porch leading to three separate reception rooms, wide kitchen/breakfast room with Rangemaster double oven and 6 ring gas hob, American style fridge/freezer and dishwasher. Utility room with space for washing machine and tumble dryer and with excellent storage cupboards as well as a separate shower room with w.c. This property has been extended to provide four generous double bedrooms on the first floor, with a well appointed family bathroom plus two en suites to bedrooms one and three. Other benefits include garage plus ample driveway parking for several cars, air conditioning units to bedrooms and a home office/study housing the Worcester boiler. The ample loft is fully boarded and has light and power and offers scope for further extension, subject to the usual consents. The garden is beautifully landscaped and has a paved porcelain terrace leading to the level lawn with mature shrubs and raised beds. The Evolution hot tub is shaded by a pergola and the spacious, air conditioned gym complete this very attractive picture.
Pondfield Road is a popular cul-de-sac off Hayes Hill. Local schools include the sought after Hayes Secondary and Primary and Hawes Down and Pickhurst Infant and Junior Schools. Hayes Station and shops in Station Approach are about 0.5 of a mile away. Buses pass along Pickhurst Lane with routes to Bromley High Street, with The Glades shopping centre, Churchill Theatre and Bromley South station which is about 2.2 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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