3 bedroom detached for sale

£950,000 Guide Price

3

Bedrooms

3

Bathrooms

Floorplan

'' GUIDE PRICE 950,000 - 1,000,000 '' Deep End , is an unique detached property with direct access onto Hayes common, Set in a desirable location just off West Common Road in its own grounds with electric gates and cctv.

The house was built in the 1970s and was fully updated, refurbished and renovated in 2004 with no expense spared. This is only the second time the house has been available and is being sold with no chain.

On the ground floor are two large bedrooms one of which has been used as a place for study, office work, craft and tv room with various useful fitted cabinets. Could easily be put back to use as a bedroom if so desired or plenty of space to add a bed and keep as it is.

The other large bedroom has an ensuite shower and wash room with fully fitted bedroom suite. Large French double doors open onto the lovely sunken patio with small walled flower garden and greenery.
Across the hallway is a fully fitted bathroom wet room with shower.

Leading to the other end of the hallway and stairs is a useful utility room of a good size.
On the upper floor is the open plan lounge and dining room. Fully fitted family bathroom with shower and bath. Separate toilet and third bedroom with extensively fitted bedroom suite.
The kitchen is fitted with top quality bespoke cabinets by Stoneham with clever space saving interiors and design whilst also incorporating a fridge, freezer and dishwasher. Adjoining conservatory being superb for informal meals and relaxing with family and guests.

Outside is an extensive yard area with large covered carport and a useful workshop of a good size to the rear. Easily maintained flower beds set around the house with many electric and water points. Timber garden shed.

A rarely available quite secluded property but also being only a short distance to Hayes, West Wickham, Keston, Locksbottom, Bromley, Beckenham and Orpington and convenient for commuting to London and other areas with Hayes station being only minutes away.
In the catchement area for the outstanding rated Hayes secondary and primary schools
A beautiful house for those looking for a house with some individuality.

The house has huge potential to develop STPP.

Hayes is a modern suburban area nestled between Bromley, West Wickham and Coney Hall with excellent transport links into Central London from Hayes Station. Station Approach is a bustling haven of coffee shops, mini supermarkets, restaurants, as well as a post office, with further smaller shops in Old Hayes; the old village area on Hayes Street. There are several green spaces to enjoy and the town boasts a number of OFSTED highly rated primary and secondary schools and is in the catchment area for the highly sought after Hayes secondary and primary schools.

It is in a beautiful location for those with a love of walking with many short and very long walks from just outside the gates.


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

£ 775200

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
    £ 23750
  • 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

£ 62700
  • 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

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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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