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£1,450,000
Bedrooms
Bathrooms
One of two individually designed five bedroom family homes located in this sought after quiet residential road within a conservation area and just 0.7 miles from Bromley South Station and High Street
This home offers superb living space of approximatley 2938 sq.ft over three floors and designed to provide light and airy accommodation.
Each property offers individually designed bespoke Kreider bespoke fitted kitchen with feature island and integrated appliances, with a spacious dining and living area perfect for family gatherings or entertaining guests. The open plan living extends into the beautifully landscaped garden through bifold doors, creating a wonderful indoor-outdoor flow. Additionally, the ground floor features a separate living room, study, utility room equipped to accommodate a washing machine and tumble dryer and cloakroom.
The first floor features four spacious double bedrooms, including a luxurious principal suite with a ensuite shower room and fitted wardrobes. A well-appointed guest bedroom also boasts an ensuite, two additional bedrooms and a family bathroom. On the second floor, youll find a generously sized fifth bedroom complete with a dressing room and ensuite, along with a separate large storage room. Enjoy the comfort of underfloor heating throughout the ground floor and carpets in all bedrooms.
Outside, youll find the landscaped gardens, this home four parking spaces which are equipped with electric charging points. The garden also benefits from an extended area, offering excellent potential for a home office or garden room - perfect for remote working or stylish garden room. Lancaster Close is perfect choice for those seeking a contemporary, high-quality home in a desirable location.
'CGI images'
Bespoke Kreider Fitted Kitchen
Five Double Bedrooms
Three En-Suite Shower Rooms
Family Bathroom, Study
Fitted Wardrobes to Master Bedroom
Underfloor Heating to the Ground Floor
Electric Charging Point, Parking For Four Cars
10 Year Build Warranty.
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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