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11 Plaistow Lane, Bromley
£850,000
Bedrooms
Bathrooms
Wonderful opportunity to purchase this five bedroom family home, just a stones throw from Chislehurst High street. Set within a Cul de sac, this 1930s family home has been extended over recent years to provide flexible accommodation. The accommodation comprises of entrance hall with separate cloakroom, a bright lounge to the front with a wood burning stove, extended dining room with cast iron feature fireplace and a extended shaker style kitchen with integrated appliances. To the first floor there are three bedrooms, two being good size double and family bathroom with a separate walk in shower. The loft has been converted to provide two further double bedrooms with separate shower room. Externally there is a well maintained southerly facing rear garden with lawn area and decking, pergola and a converted garage providing a home office area and storage, whilst the front has off street parking. Internal viewing recommended.
Central location with easy access to Chislehurst high Street, coffee shops, restaurants and bars. Chislehurst Commons and ponds is a short walk away as to is Chislehurst Recreation ground. Popular schools are within walking distance including Red Hill primary and Mead Road primary. For transport links, Elmstead Woods railway station is within easy reach 0.9 of a mile, and offers services into Lewisham for the Docklands Light Railway (DLR), Central London and City.
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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