5 bedroom detached for sale

£1,750,000

5

Bedrooms

3

Bathrooms

Floorplan

Charming and beautifully presented Edwardian family home having been lovingly restored and extended with meticulous detail by the current owners. Impressive home in a sought after and highly desirable road within Sundridge Park, with large gravel driveway, stunning entrance hall with original brick fireplace and oak herringbone parquet flooring, two beautiful generous reception rooms, impressive and spacious open plan accommodation on the ground floor with Leicht German kitchen/family room enjoying views onto the rear garden and walk in pantry cupboard. To the side of the kitchen is a large utility room, and a downstairs cloakroom, and a study which could be utilised as a playroom or fifth bedroom. To the first floor, a double height landing full of natural light, four generous double bedrooms, with the main bedroom having a large ensuite shower room and walk in dressing room. The family bathroom is equally impressive with double ended bath, shower cubicle and sink unit, and bedroom three with an ensuite shower room. The property has the benefit of many fine Edwardian period features, gas central heating, oak parquet flooring, and ample off-street parking to the front gravel driveway. The rear garden is beautifully kept with large lawn with mature trees and shrubs, Indian sandstone paved terrace with courtyard area ideal for entertaining to enjoy those summer evenings.

Situated in this sought after premier road, Garden Road is located just a short walk to either Bromley North or Sundridge Park railway stations, both serving Lewisham for the DLR, London Bridge, Charing Cross and Cannon Street. A selection of local shops in Sundridge Park Village is around 1/4 of a mile and easy access by foot for the more comprehensive shopping facilities of Bromley High Street, around 3/4 of a mile away with both national and independent shops, restaurants and bar. Bromley library and leisure centre are close by, with Sundridge Park golf club. For schools, Bromley offers a good selection of both private and state schools, making the area ideal for families.


Construction Type
Standard Construction

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1480200

Mortgage Loan to Value

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Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 43750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 167700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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