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11 Plaistow Lane, Bromley
£720,000
Bedrooms
Bathrooms
Beautifully presented two double bedroom conversion apartmentlocated on the ground floor of this imposing Edwardian mansion, situated in an ideal location for Sundridge Park Station and golf course. The apartment with its large room, high ceilings and large windows, is accessed via a wonderful communal entrance hall, with private door into the flat. Upon entering there is a welcoming entrance hall, large open plan lounge/dining room with high gloss fitted kitchen with integrated appliances. The lounge has a large wooden carved open fire place, tall ceilings and large windows enjoying views over the grounds. Both bedrooms are generous in size with built in wardrobes and both having an ensuite bath/shower room. Off the hall is a separate cloakroom. Outside the property has a wonderful low maintenance rear garden with large paved terrace, greenhouse and shrub borders which enjoys the afternoon sun. To the front there is secure electric gated parking and an allocated parking space to the front. Offered to the market with no onward chain, this beautiful period property is a must to view.
Abingdon House, Rodway Road is in an ideal location for Sundridge Park Golf Club, Tennis Club and Bromley Sports Club. Walking distance of Bromley town Centre within about 3/4 of a mile for restaurants and other leisure facilities. Sundridge Park Village and railway station with services via Grove Park to Lewisham, for the DLR, and London Bridge, Charing Cross and Canon Street. Bromley South station has frequent services to London Victoria. Comprehensive shopping facilities are to be found in Bromley town centre.
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.
11 Plaistow Lane, Bromley
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