3 bedroom terraced for sale

£800,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Guide Price 800,000 - 825,000 The Address is delighted to offer this beautifully renovated 3-bedroom mid-terraced house that effortlessly blends modern convenience with timeless charm located on a prime residential Beckenham road.

Upon entering, via an enclosed porch and welcoming hallway, the stunning extended kitchen/diner offers a focal point of the home perfect for hosting gatherings or enjoying family meals with a large central island and ample cupboard space with bespoke fitted drinks cabinet. Additionally there is a well appointed utility room and modern downstairs toilet. The bright and comfortable living room situated to the front, has an attractive feature fireplace and built in cupboards.

The large patio and landscaped garden, accessible through bi-folding doors from the kitchen, provide a seamless transition between indoor and outdoor living. The southwest facing garden provides endless natural light throughout the day, creating a warm and inviting atmosphere and a useful rear garage provides useful storage space.

Upstairs lie two beautifully presented double bedrooms with built in wardrobes and a large single bedroom currently used as a study. The family bathroom comprising contemporary freestanding bath and walk in shower has been renovated to a high standard.

This property boasts off-street parking for two cars, a rare find in this sought-after neighbourhood. Wooden shutters adorn the windows, adding a touch of elegance and allowing for privacy and light control.

Each room has been meticulously decorated, exuding a sense of warmth and sophistication. The property is within walking distance of esteemed local schools such as Balgowan, Langley, and Eden Park High, making it an ideal home for families with children.

Convenience is key with the propertys proximity to Clock House and Elmers End stations and tram stops, offering easy access to various transport links for commuters. Whether its a quick commute into the city or a leisurely stroll to the nearby parks, this location provides the perfect balance of urban living and suburban tranquillity.

In conclusion, this property presents a rare opportunity to own a fully renovated home with distinctive features and an abundance of natural light. There is potential to extend into the loft to create an additional bedroom and en-suite (STPP). Dont miss the chance to make this house your own and create lasting memories in a place you can truly call home.


EPC Rating: D

Features
  • Freehold

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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

£ 662700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 20000
  • 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

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£

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

£ 62700
  • 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.

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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

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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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