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£1,750,000 Guide Price
Bedrooms
Bathrooms
Guide Price 1,750,000 - 2,000,000 Available to the market for the first time in over 50 years is this detached house with over 150ft rear garden and additional side plot. Offering over 3000 sqft of accommodation, situated in a desirable residential road in Bickley. Living accommodation comprises a bright entrance hallway with decorative arch and imposing stairs to the first floor, the ground floor comprises three large reception rooms boasting many original features and high ceilings, downstairs shower room, a fourth reception room leading to a kitchen overlooking the sizeable mature garden and utility room. To the first floor there are four generous bedrooms and a family bathroom. To the second floor there are two further bedrooms and ample eaves storage. Externally the property has a mature garden reaching over 150ft and a sizeable side plot.
Located within close proximity to Bickley and Chislehurst stations offering services into Victoria, Charing Cross, Cannon Street and London Bridge. The property is also conveniently located close to excellent local schools including Raglan Primary, Southborough Primary, Bullers Wood, Bromley High and Coopers. EPC: E
COUNCIL TAX - G
Construction - Traditional
Mains Services - Gas & Electricity - EON, Sewerage and metered Water supply - Thames Water
Heating System - Gas radiators
Broadband None, was Community Fibre
Mobile coverage - Outside good, inside fair
Restrictive covenants No
Five bedroom Detached house
Four large reception rooms
Kitchen, W/C, family Bathroom, Eaves storage
Mature garden reaching over 150ft, sizable plot
Within close proximity to stations
Catchment for some excellent local 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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