4 bedroom terraced for sale

£950,000

4

Bedrooms

2

Bathrooms

Floorplan

Westmount Estates have pleasure in offering this superbly presented purpose built FOUR bedroom Edwardian Corbett family home. Situated on this ever popular tree lined road and with in close proximity of sought after primary schools, main line station and Eltham High Street. Internally to the ground floor accommodation comprises of a lounge with inter-connecting doors to a separate dining room, breakfast room which is open planed to the kitchen and downstairs w/c. To the first floor there are four well appointed bedrooms and a family bathroom. To the rear of the property there is a beautifully kept private garden with an abundance of mature shrubs and flower borders. To the front there is a paved driveway for multi vehicle parking. EPC rating D. Council tax band E.

Entrance - A wooden door with stained glass leaded light insert to the entrance hall.

Entrance Hall - An L shaped hallway with a numbered casement window to front, radiator, stairs to first floor, under stairs storage cupboard, stripped and polished wooden flooring, picture rail, ornate coved cornice, ornate centre ceiling rose with centre light point.

Lounge - 5.12 x 4.21 (169' x 139') - a double glazed bay window to front with bespoke window shutters, stripped and polished wooden flooring, two radiators, a feature log burner with brick surround tiled hearth and cast iron mantle, picture rail, ornate coved cornice, ornate centre ceiling rose with centre light point, multi pained French doors to dining room.

Dining Room - 4.19 x 3.32 (138' x 1010') - Stripped and polished wooden flooring, French patio doors for access to the garden with casement windows above, radiator, picture rail, ornate coved cornice, centre light point.

Breakfast Room - An open plan breakfast room to the kitchen, stripped and polished wooden flooring, radiator, picture rail, coved ceiling, centre light point, open to the kitchen.

Fitted Kitchen - 6.27 x 3.56 (206' x 118') - A modern fitted kitchen with a range of eye and base units, roll top work surface with splashback, built in double oven with four ring gas hob and stainless steel splashback, extractor fan above, space for a free standing fridge freezer, plumbing and space for a dishwasher and washing machine, tiled flooring, one and a half sink unit with stainless steel drainer and mixer taps, double glazed window to side and rear, inset spotlights, lantern for additional natural lighting, door to inner lobby.

Inner Lobby - A double glazed frosted door for access to the garden, radiator, tiled flooring, centre light point, door to downstairs w/c.

Downstairs W/C - A low flush concealed cistern w/c, tiled walls, double glazed frosted window to rear, inset spotlights, radiator, tiled flooring.

Landing - A dog leg staircase to the first floor, access to loft via hatch, dado rail, centre light point.

Bedroom One - 4.21 x 4.05 (139' x 133') - A double glazed bay window to front with bespoke window shutters, built in wardrobes into the chimney recess, coved ceiling, centre light point.

Bedroom Two - 4.12 x 2.96 (136' x 98') - A double glazed window to rear, radiator, coved ceiling, centre light point.

Bedroom Three - 2.93 x 2.68 (97' x 89') - A double glazed window to front with bespoke window shutters, radiator, centre light point.

Bedroom Four - 3.06 x 2.38 (100' x 79') - A double glazed window to rear, built in wardrobe housing a wall mounted boiler, storage cupboards above, radiator, display shelving, coved ceiling, centre light point.

Family Bathroom - 2.46 x 1.47 (80' x 49') - A three piece suite comprising a panel enclosed bath with mixer taps and shower attachment, shower screen, pedestal wash hand basin, low flush w/c, double glazed frosted window to rear, extractor fan, centre light point, laminate flooring, towel rail radiator.

Rear Garden - A large paved patio area with raised flower beds and acer trees, outside lighting and tap. The main garden is laid to lawn with very mature flower borders and fruit trees, two pitched roof timber shed for storage, paved patio.

Frontage - A paved driveway for multi vehicle parking, security lighting, bin storage area.

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

£ 775200

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
    £ 23750
  • 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

£ 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.

£

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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