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1 Fairway, Petts Wood
£950,000 Offers in excess of
Bedrooms
Bathrooms
FIVE DOUBLE BEDROOMS, FOUR RECEPTION ROOMS AND THREE BATHROOMS. This neo-Georgian detached house offers flexible and versatile accommodation, affording a ground floor double bedroom with en-suite shower room. There is a generous L shaped lounge/diner, a separate family room/reception room, large orangery/summer room, breakfast kitchen and cloakroom off the entrance hall. The first floor features four double bedrooms, all with quality fitted wardrobes, an en-suite shower room off the main bedroom and family bathroom with third shower. Outside you will find a spacious driveway for two cars and a secluded rear garden. Benefits to note include CHAIN FREE availability, fully double glazed, gas central heating, fitted bedroom furniture to all rooms, a combination of glass ceiling lights for extra light, fitted kitchen, Rangemaster double oven, plus plantation shutters and window blinds to remain. The property enjoys a leafy cul-de-sac aspect within easy walking distance of Orpington mainline station (about 10 minutes), Crofton Schools, St Olaves and Newstead Wood grammar schools and good transport links. Exclusive to PROCTORS.
brick and tile standard
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.
1 Fairway, Petts Wood
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