4 bedroom bungalow for sale

£1,100,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

Having been renovated since 2017 Robinson Jackson are delighted to offer for sale this much improved four bedroom bungalow offering 2600 square feet of accommodation. This comprises

A Unique Opportunity To Purchase Two Properties Overlooking The Heated Swimming Pool In A Semi Rural Location But Close To Amenities

Av 1600 Square Feet Dwelling Which Has Been Fully Renovated In Recent Years Consisting Of 4 Bedrooms With Master Bedroom Dressing Room And En Suite With Then A Master Bathroom And Open Plan Kitchen Lounge And Diner.

Newly Brick Built 1000 Square Feet Building With 500 Square Feet Open Plan Area For Lounge Games Room Or Cinema With Bar And Two Further Double Size Rooms Currently Used As An Office And Gym With Two En Suite Bathrooms, With Walk In Showers

Swimming Pool With New Pipe Work And Recently Purchased Energy Efficient Heat Pump.

Changing Room And W/C Facilities Close To The Vicinity Of The Pool.

Front Access Via Electric Gates Fully Secure With Colour And Sound 4K CCTV System With Parking For Numerous Vehicles.

South Facing Recently Landscaped Garden With Porcelain Slabs And 40mm Artificial Turf And Maintenance Free Decorative Stone Finish Borders.

Outside Bar Kitchen With Built In BBQ Finished With Granite Worktops.

Ideally Located For Popular Schools Within The Area And Within 1 Mile Of Longfield Train Station And 30 Minutes To Victoria.

Exterior
Front Garden: Provided parking for numerous cars with access to a garage. The entrance to the driveway is provided by an electric metal sliding gate.

Rear Garden: Side pedestrian access both sides. Two raised patio areas one with shingle one with tiles and artificial lawn. Steps down to artificial lawn area with heated swimming pool and tiled BBQ area. BBQ area has granite tops. Separate kitchen area with granite worktops and spaces for fridges for an outside kitchen. Steps from the pool area to another raised patio area Infront of the outbuilding. Shingled seating area .

Garage: Roller door. Used for storage.

Shed: Power and light.

Pump Room WC and Dressing Room: Frosted double glazed door to garden. Swimming pool pump. Low level WC. Wash hand basin. Power and light.

Outbuilding: Bar area. Bifolding doors to front and side leading to a patio seating area. Double glazed window to front. Built in surround sound home cinema system. Amtico flooring. Under floor heating. Built in bar.

Gym Area: Double glazed windows to rear. Under floor heating. Amtico flooring. En-suite Shower room.

En-suite shower room: led strip lighting. Extractor fan. Low level wc. Vanity wash hand basin. Tiled shower cubicle with rainfall shower and hand held shower. Amtico flooring with underfloor heating.

Office: Double glazed window to rear. Amtico flooring. Underfloor heating. Built in feature wall.

Entrance Hall: Double glazed door with built in blinds. Alarm. Amtico flooring with underfloor heating.

Shower Room: led strip lighting. Low level wc. Vanity wash hand basin. Tiled shower cubicle with rainfall shower and hand held shower. Amtico flooring with underfloor heating.

Key Terms
The property is freehold.
The property was built in the 1940s.
The current owner has lived in the property for 7 years.
The property is conventional construction.
The property benefits from off street parking and a garage.
Council Tax - Sevenoaks Band F
The property is connected to mains water, drainage, electric and gas.
The swimming pool pump and pipework was renewed in the last four years.
The property is available with no onward chain.
The boiler is located in the bathroom behind a mirrored door.

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

£ 906450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 27500
  • 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

£ 81450
  • 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

Adjust these figures

  %

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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