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£1,600,000
Bedrooms
Bathrooms
Sinclair Hammelton are proud to bring to the market this modern beautifully presented detached five-bedroom four-bathroom family home. Offering almost 3000sqft of versatile living accommodation. The property is conveniently located close to Bickley Station, desirable local schools, and bus routes. The property comprises a grand vault ceiling entrance hallway, living room with Crittall doors leading to a sizable open plan kitchen, dining/living area with bi-folding doors and sky lights allowing lots of natural light. There is also a study, second reception room which is being used as a gym, W/C and guest room with shower room. To the first floor there is a principal room with dressing room and ensuite including a shower and steam room. There are three other double bedrooms one with ensuite and a family bathroom. The property has potential to extend into the loft (STPP) if more accommodation is desired. Externally the property has a private mature rear garden with patio area, in and out gated driveway and off-street parking for multiple cars. Further benefits include frameless bespoke windows, siemens appliances, walnut wood flooring Hi-tech Smart house- Multiple sensors for lights electric blinds, curtain, irrigation system for garden, individual room underfloor heating throughout, CCTV, alarm, 11 speakers home theatre, dedicated steam room.
EPC: TBA
COUNCIL TAX -
Construction -
Mains Services -
Heating System -
Broadband
Mobile coverage -
Restrictive covenants
Detached
5 Bedrooms, 4 Bathrooms
In-Out driveway, Garage
Modern throughout
2952sqft of living accommodation
Close to Bickley station and desirable schools
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.
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