4 bedroom semi-detached for sale

£785,000

4

Bedrooms

2

Bathrooms

Floorplan

Positioned in a Cul De Sac location affectionately known as The Round by the current residents is this extended FOUR bedroom semi detached family home. Presented in excellent condition throughout, this property needs to be viewed to fully appreciate the accommodation on offer. Internally the property is arranged to provide: reception room with sliding doors opening to the dining room and lounge, kitchen, utility room, ground floor W.C. and study to the ground floor. To the first floor are THREE well proportioned bedrooms and family bathroom whilst to the second (top) floor is a large master bedroom with en-suite shower room. Packmores Road is located within the sought after Eltham Heights offering access back to Falconwood mainline train station and close to multiple bus routes servicing the local area. EPC rating: D, council tax Greenwich band E, freehold.

Entrance Hall - Entrance door with three frosted glass inserts, centre light point, radiator, carpeted stairs to first floor level with under stairs storage cupboard, engineered wood flooring.

Reception Room - 3.78 x 3.56 (124' x 118') - Double glazed bay window to front, centre light point, display shelving to both alcoves, cast iron feature fire place with wooden mantle over, sliding internal doors leading to dining room, engineered wood flooring.

Dining Room - 3.80 x 3.12 (125' x 102') - Inset ceiling spot lights, breakfast bar to kitchen, built in storage cupboard, radiator, engineered wood flooring.

Lounge - 3.62 x 3.41 (1110' x 112') - Bi-fold doors to left hand side leading to garden, roof lantern, inset ceiling spot lights, radiator, engineered wood flooring.

Kitchen - 3.81 x 3.42 (125' x 112') - Fitted with a matching range of base units with worksurface over, one and a half bowl stainless steel sink with chefs style mixer tap, space for seven ring gas burner range cooker with stainless steel extractor hood over, space for American style fridge freezer. Integrated dishwasher. Double glazed window to left hand side and rear, roof lantern, partly tiled walls, engineered wood flooring.

Utility Room - 3.02 x 2.37 (910' x 79') - Double glazed door to rear leading to garden, centre light point, wall mounted boiler, work surface with plumbing for washing machine under, radiator, enginnerd wood flooring.

Ground Floor W.C. - 1.10 x 0.93 (37' x 30') - Low level flush W.C. vanity wash hand basin with mixer tap and local tiling around, centre light point, tiled flooring.

Study - 3.01 x 2.08 (910' x 69') - Double glazed window to front, centre light point, radiator, engineered wood flooring.

First Floor Landing - Centre light point, coving to ceiling, doors to all rooms, frosted double glazed window to side, carpeted stairs to second floor level, carpet as laid.

Bedroom Two - 4.11 x 3.02 to wardrobe doors (135' x 910' to wa - Double glazed window to front, built in wardrobes to both alcoves, centre light point, coving to ceiling, radiator, carpet as laid.

Bedroom Three - 3.96 x 3.06 (1211' x 100') - Double glazed window to rear, centre light point, coving to ceiling, radiator, carpet as laid.

Bedroom Four - 2.70 x 2.27 (810' x 75') - Double glazed windows to rear and left hand side, built in storage cupboard housing hot water cylinder, coving to ceiling, centre light point, radiator, carpet as laid.

Family Bathroom - 2.40 x 1.94 (710' x 64') - Modern fitted three piece suite comprising: paneled bath with mixer tap, shower over and glass shower screen, pedestal wash hand basin with mixer tap and low level flush W.C. Double glazed frosted window to front, two double frosted windows to side. Heated towel rail, tiled walls and tiled floor.

Second Floor Landing - Carpet as laid, Velux window, centre light point.

Master Bedroom - 5.67 x 3.92 (187' x 1210') - Two Velux windows to front, double glazed patio doors to rear with Juliet balcony, eaves storage cupboard, built in floor to ceiling wardrobe, radiator, carpet as laid.

En Suite Shower Room - 2.04 x 1.94 (68' x 64') - Modern fitted suite comprising: Walk in corner shower cubical with glass sliding doors, two pedestal wash hand basins both with mixer taps and low level flush W.C. Inset ceiling spotlights, frosted double glazed window to rear, heated towel rail, partly tiled walls, tiled flooring.

Front Garden - Off street parking for multiple vehicles.

Rear Garden - Decked area, laid to lawn, mature trees, side access, shed, outside tap, outside electricity point.

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

£ 650325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 19625
  • 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

£ 61575
  • 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

Adjust these figures

  %

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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