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1 Fairway, Petts Wood
£1,350,000 Guide Price
Bedrooms
Bathrooms
To fully appreciate the space on offer interior viewing comes highly recommended. Offered for sale with immediate possession, this substantial detached family house (2,894 sq ft) provides versatile accommodation arranged over three levels with up to six bedrooms, perfect for home office working, multi-generational living or an older family with teenagers looking for space. There are three large reception rooms, a dining kitchen (dining and breakfast areas), separate utility room, cloakroom, en-suite shower room (main bedroom), family bathroom (bath and shower), ground floor cloakroom and loft conversion (bedroom two). The picturesque and secluded rear garden measuring 136 by 4910'is mainly laid to lawn with established trees and shrubs and there is a low maintenance frontage with resin drive for several cars. Features to name a few include full double glazing, gas central heating, period high ceilings, security system, Amtico flooring, bespoke fitted kitchen and home office by Great British Kitchens, fitted wardrobes and CHAIN-FREE availability by highly motivated sellers. The property is conveniently placed for Petts Wood town centre and mainline station, nearby transport links, easy access to grammar schools St Olaves and Newstead Wood schools, plus Orpington and Chislehurst amenities. EXCLUSIVE TO PROCTORS.
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.
1 Fairway, Petts Wood
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