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11 Plaistow Lane, Bromley
£1,250,000
Bedrooms
Bathrooms
NO ONWARD CHAIN - We are extremely pleased to be offering for sale this simply stunning penthouse apartment comprising the entire top floor of this exclusive development of just 5 luxury apartments built in 2020.
In a secluded woodland setting within easy walking distance to Bickley Station, Applewood House nestles amongst mature trees and is accessed via a long private driveway from Woodlands Road.
Constructed to the highest specification, the penthouse offers vaulted ceilings, fully integrated Stoneham Kitchens, underfloor heating, luxury bathrooms, a good sized garage and additional separate parking spaces.
Externally the penthouse also has its own private balcony and access to a communal garden with seating area.
To the rear of Orchard House on Woodlands Road and just 100 yards from the Pines Road junction, these delightful apartments are within easy walking distance to Bickley Station for fast and frequent service to London. There are golf clubs at both Chislehurst and Sundridge Park and Virgin Health Club in Bickley, whilst Bluewater Shopping Mall is approximately a half hour drive away.
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.
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