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£900,000 Guide Price
Bedrooms
Bathrooms
''GUIDE PRICE 900,000-950,000'' Offered to the market CHAIN FREE is this fantastic detached house boasting four double bedrooms, located on a sought-after prime road in Petts Wood East. As you enter the property you are greeted with a large entrance hall, to the right is the spacious yet cosy reception room perfect for family movie nights. To the left is the downstairs WC. As you progress through the property you will find the bright and airy kitchen/dining room with access to the rear garden and the second, larger reception room boasting beautiful views over the garden. On the first floor you will find the four double bedrooms, all benefitting from their own bespoke built in storage and the family bathroom suite.
Externally the property offers off street parking large enough for multiple vehicles and a laid to lawn front garden. To the rear, the garden measuring 84 ft. with a patio area perfect for al-fresco dining with the rest of the garden laid to lawn with plenty of mature plants and shrubbery. At the end of the garden a large detached garage with power.
St Johns Road offers the fantastic opportunity to further extend the property (STPP)
Location wise, the property is just 0.3 miles from Petts Wood Station which provides excellent transport links into most mainline London stations as well as a selection of local schools such as Crofton (0.3 miles), Perry Hall (0.6 miles) and Darrick Wood School (1.6 miles). Early viewing is recommended to avoid disappointment.
EPC: D
COUNCIL TAX - F
Construction - Traditional
Mains Services - Gas, Electricity, Sewerage & metered water supply
Heating System - Gas Radiators
Broadband Community Fibre
Mobile coverage - 5G
Restrictive covenants No
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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