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£1,150,000
Bedrooms
Bathrooms
Situated on one of Petts Wood Easts most popular residential roads is this stunningly presented and extended 5 bedroom home.
Silverdale Road has been carefully extended and renovated to a premium standard by its currently owners, offering its new owner the perfect opportunity to move into a turn-key property.
The ground floor of the property offers a beautiful front reception room, perfect for cosy family TV evenings, with bespoke built storage either side of a wood burner. The beautifully extended open plan kitchen/diner, fit with bespoke kitchen units, an island with seating for four and integrated appliances and a utility space, keeping unwanted appliances out of the kitchen! The ground floor also offers a downstairs WC.
The first floor of the property boasts two large double bedrooms, both with built in storage, a single bedroom and the modern family bathroom suite.
The second floor offers yet another great sized double bedroom and the fifth bedroom, both tastefully decorated and with amazing views over the rear garden.
The 175 ft. garden is perfect for families and avid gardeners. With a lovely paved seating area, perfect for those summer evening al-fresco meals, the rest of the garden being mainly laid to lawn with mature plants boardering either side. Hidden at the back of the garden is another seating area, so you can catch the sun at all hours of the day, aswell as a putting green (perfect for all keen golfers to refine their game!). Aswell as a large garden room.
Silverdale Road is in an enviable position, being just 0.4 miles from Petts Wood high street, which offers a great selection of supermarkets, cafes, restaurants and boutique shops, aswell as Petts Wood Station which offers transport links into all mainline London stations. The property is also perfectly located for a selection of well regarded local schools such as St James (0.5 miles) and Crofton Schools (0.9 miles).
Early viewing is recommended to avoid disappointment!
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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