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318 Pickhurst Lane, West Wickham
£1,075,000
Bedrooms
Bathrooms
Delightful extended four bedroom detached family home in this sought after road within walking distance of the popular Highfield School. Three reception rooms including the superb 229' living room and 166' dining room and the recently reappointed kitchen/breakfast room having a range of cream units and drawers with quartz work surfaces and having a range of integrated appliances including Miele dishwasher, tall fridge and under counter freezer. Separate utility room with white units and space for washing machine, cloakroom with low level w.c, White suite bathroom with roll top bath and separate shower cubicle with Unichrome by Triton power shower and en suite shower to main bedroom, gas fired heating with radiators, double glazing, attractive 100 x 35 garden with paved terrace, shaped lawn and established shrub borders, garage. Further potential to extend, subject to the usual consents.
Kingswood Avenue is a sought after road between Hayes Lane (Beckenham) and Kingswood Road. There is a walkway from Kingswood Avenue to South Hill Road, giving access to the popular Highfield Schools. Other local schools include Langley Park Secondary Schools. There are local shops on the corner of Westmoreland Road and Pickhurst Lane. Bus services pass along Westmoreland Road with routes to Bromley High Street with national stores, The Glades Bromley, The Churchill Theatre and Bromley South Station which is about one and a quarter miles away.
Map location is not available for this property.
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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