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1 Fairway, Petts Wood
£1,450,000 Guide Price
Bedrooms
Bathrooms
This beautiful 1930s built mock Tudor detached family house enjoys a stunning 130ft by 46ft rear garden and gated frontage with carriage driveway offering parking for several cars. The spacious interior (2105 sq ft approx.) comprises four generous and independent bedrooms on the first floor, a sizeable en-suite shower room, double aspect through living room, separate dining room to front aspect, dedicated home office, impressive breakfast kitchen, quality family bathroom and cloakroom. There is an integral garage for a great storage solution. Features include an overall plot size of 219ft by 46ft, fully double glazed windows, gas central heating, turnkey interior, popular Amtico herringbone flooring, kitchen appliances included, alarm system, CCTV, further scope to extend the rear elevation, plus CHAIN-FREE possession. Situated in the desirable Markings Park area of Chislehurst, midway between Petts Way and Royal Parade, a short drive to two mainline stations, nearby reputable schools, good transport links and an abundance of National Trust woodland for enjoyment. Interior viewing comes highly recommended by the sellers SOLE AGENT.
standard brick and tile
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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