Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
1 Fairway, Petts Wood
£1,000,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 1,000,000 - 1,050,000
Welcome to this substantial 1930s character semi-detached house occupying a desirable location within close walking distance of Petts Wood mainline station, the town centre and reputable Crofton Schools (Ofstead Outstanding Infants and Juniors), plus nearby pre-schools. Offered for sale with no onward chain, the property has been extended in the past to provide four generous bedrooms plus a re-modelled bathroom on the first floor. The ground floor comprises a spacious bay fronted reception room, separate dining room, a newly fitted luxury shower room/WC off the inviting entrance hall, a well fitted breakfasting kitchen ideal for casual dining, and useful storm porch offering storage. Outside you will find a private frontage for parking, a gated driveway leading to the well insulated garage/workshop and family sized rear garden of 87ft. Features include a CHAIN-FREE STATUS, replacement boiler for central heating and a pressurised hot water system, beautiful natural wood flooring throughout the property, including the staircase, neutral interior, quality bathroom fittings, double glazed windows, re-fitted patio doors, security system, updated RCD unit, plus under floor heating in the shower room and bathroom, white goods to remain and fitted wardrobes. There is also further scope to extend the ground floor from the rear reception room to create an open plan space. Planning permission was granted in November 2020 but has now expired (ref:20/03903/FULL6). Interior viewing comes highly recommended by the Sellers Sole Agent PROCTORS.
brick and tile standard construction
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
The Property has been saved to your favorites
/ 5
It's quick and easy
