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£1,000,000 Guide Price
Bedrooms
Bathrooms
'GUIDE PRICE 1,000,000-1,100,000'
Offered to the market CHAIN FREE is this incredible four double bedroom detached house located on one of Petts Wood Easts most prestigious roads.
This 2,057 sq. ft. house is a fantastic opportunity for you to decorate and extend an incredible house to your own taste. The ground floor offers a spacious entrance hall with downstairs WC, three large reception rooms, kitchen and an integral garage. The first floor of the property boasts three double bedrooms, the principal bedroom with its own en-suite and the large family bathroom suite.
Externally Grosvenor Road benefits from an in-out driveway spacious enough for multiple cars, a car port to the side of the house and a 120 ft. long garden with a store room to the rear.
Grosvenor Road offers immense potential for extension, offering the potential to extend to the side and to the rear adding great square footage to the already large footprint (STPP).
Location wise, the property is perfectly located for commuters, being just 0.7 miles from Petts Wood station and 0.7 miles from Orpington station. There are a number of well regarded local schools such as Perry Hall Primary (0.3 miles) and Crofton Schools (0.4 miles).
EPC: TBC
COUNCIL TAX -
Construction -
Mains Services -
Heating System -
Broadband
Mobile coverage -
Restrictive covenants
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.
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