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11 Plaistow Lane, Bromley
£1,250,000 Guide Price
Bedrooms
Bathrooms
GUIDE PRICE 1,250,000 - 1,500,000. Beautifully presented double fronted Edwardian period home, set within a popular road offering generous accommodation and an abundance of fine original features. Five generous bedrooms, welcoming entrance hall, three reception rooms with delightful fireplaces, ornate cornicing and features. All rooms are filled with natural light, the kitchen/breakfast room with AGA, has been updated with a useful utility and laundry room. To the first floor are two bathrooms, four bedrooms all offering period character, with the much larger than average fifth bedroom on the second floor with cloakroom. The property boasts a south facing garden with large lawn and mature trees and shrubs, off street parking and no onward chain.
Situated in this sought after road,Kings Avenue is located just a short walk to either Bromley North Village or Sundridge Park railway stations, both serving Lewisham for the DLR, London Bridge, Charing Cross and Cannon Street via Grove Park. A selection of local shops in Sundridge Park Village is around0.6 of a mile and easy access by foot for the more comprehensive shopping facilities of Bromley High Street, around0.9 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 schoolsincluding St Josephs Catholic Primary School, Parish CofE, Burnt Ash Primary, Bullers Wood and Bickley Park, making the area ideal for families. Sundridge Park Golf Club, Tennis Club and Bromley Cricket Club are close by.
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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