4 bedroom bungalow for sale

£1,100,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Guide Price 1,100,000
Located in the sought after village of Crockenhill is this impressive modern family home. Having been updated, enhanced and redesigned by the current owner to now provide 224m2 of living space with under floor heating throughout. Accommodation comprises a welcoming and bright entrance hall complete with storage space which leads to a versatile bedroom 5/study, a shower room and into a naturally bright open plan kitchen/dining family room measuring a fantastic 9.56m x 7.11m boasting full width doors and luxurious roof lantern as well as access to a utility room and further hallway. From the hallway there is a family bathroom and four bedrooms, the master boasting a large ensuite shower room and dressing room. Outside is a wonderful West facing rear garden spanning approximately 49m x 22m. Add to this a private gated driveway, garage and walking distance to Swanley train station which provides access to London Bridge, Charing Cross, Victoria and Blackfriars as well as Crockenhill Primary school being close by. If you are looking for a modern, luxurious and secluded home with great London access, look no further.

Exterior
Rear Garden Measuring Approximately 49m x 22m (160 x 726) Providing an almost due West aspect providing day round sun. Sandstone patio running full width of the home, with real grass lawn beyond. Seclusion is provided by maturing laurel and other trees. Secluded area with shed. Access to front.
Private Driveway Measuring approximately15m x 10.5m (50 x 356) Offering a block paved drive with space for multiple vehicles and direct access to the garage. Facility in place to add electric car charging point.
Garage 7.54m x 2.77m (249 x 91) Electric roller door to front. Power and light. Door to utility room.



Features
  • Freehold

Map location is not available for this property.

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

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • 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

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  %

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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