4 bedroom detached for sale

£1,400,000

4

Bedrooms

3

Bathrooms

Floorplan

The Address are delighted to market this prestigious, well presented, detached house spanning over 3000 sq. feet. Set on a premier road close to the ever popular Langley schools, West Wickham Train Station and St Davids Preparatory school.

The house is set back from the road behind manicured conifers for privacy plus a block paved drive with parking for several cars. The double glazed porch has a tiled floor and part tiled walls. The flooring extends into the initial part of the hall. The rest of the hall flooring, kitchen, utility, lounge and conservatory are light oak Karndean flooring.

To the front of the house are two reception rooms; one being a fully fitted office with three desks plus other tasteful storage units, the other is being used as a snug/TV room. From the hall, glazed double doors lead in to the kitchen which wraps around the side of the property. There are a range of cream shaker style units with black granite work tops, black Rangemaster cooker with Rangemaster extractor hood. A large pantry with plenty of shelving and a marble shelf, space for a large American style fridge freezer, integrated dishwasher and built in microwave are all features in this well appointed kitchen. The utility room has access to the downstairs WC with window to the side, low level WC and vanity unit with wash hand basin.

The lounge, which can be accessed via double glazed doors from the hall and conservatory, boasts a square shaped bay with glazing to the sides and French doors directly onto the rear patio. There is a feature gas fireplace with a marble and wood surround set between two stained glass windows.

Upstairs is a good sized landing with feature stained glass window. A large airing cupboard with ample storage and space for the megaflow. Loft access is found here giving access to the large loft which could accommodate a large master suite or two bedrooms with ensuites, subject to statutory planning permission/ building regs.

The master bedroom suite is set to the rear of the property and benefits from dual aspect and a good sized balcony overlooking the rear garden. The dressing area has a selection of built in wardrobes and access to the good sized ensuite, fully tiled shower room.

Bedroom two is also set to the rear of the property and also benefits from an ensuite shower room. Bedroom three, set to the front, is a good size with dual aspect. Bedroom four, also to the front is a good sized double too.

The large family bathroom has a bath, large shower cubicle, wash hand basin and low level WC. There is also an infrared sauna within this bathroom.

The house is set on a large plot which does include a self contained outbuilding which has been used by the current owners as a pre school over the past 25 years. Within the large rear garden are lawned areas, borders and a vegetable plot. There is a good sized patio with built in BBQ area and hot tub. Other benefits of this garden are the privacy, it is not overlooked, the shed and bar area plus a playhouse.

This property has many benefits and should be seen to appreciate the sheer scale of it plus the many assets it has. Internal viewing is highly recommended.


EPC Rating: D

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

£ 1168950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 35000
  • 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

£ 118950
  • 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

£

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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