Are you an Estate Agent? Register here
£995,000
Bedrooms
Bathrooms
Set on a generous corner plot, this impressive five-bedroom detached home is located in the highly sought-after Petts Wood East. Thoughtfully extended by the current owners, the property offers spacious and flexible accommodation.
The ground floor comprises a guest cloakroom, entrance hall, three well-proportioned reception rooms a bright lounge, a formal dining room, and a family room, along with a separate study. The fitted kitchen is complemented by a separate utility room and enjoys direct access to the integral garage.
Upstairs, the principal bedroom benefits from its own en-suite shower room, there are four further double bedrooms providing excellent family accommodation. Two of these bedrooms share a Jack and Jill shower room, and a modern family bathroom serves the remaining two rooms.
Externally, the rear garden is mainly laid to lawn with conifers along one border, offering both privacy and greenery. A paved patio area provides the perfect spot for outdoor dining or entertaining, while the front of the property features extensive off-street parking for several vehicles.
The property is ideally located around 0.8 of a mile from Petts Wood mainline station, offering regular direct services into Central London. Families will also appreciate the close proximity to highly regarded local schools, including the ever-popular Crofton Primary and Junior Schools.
Map location is not available for this property.
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.
The Property has been saved to your favorites
/ 5
It's quick and easy