stamp duty: £11,600
mortgage fees: £1,500
conveyancing fees: £1,000
Tenants that stay for long periods feel they have a stake in the property and are more likely to treat it as though it was theirs.
1 reception room
£11,760 p.a. / £980 pcm
TENANCY AGREEMENT STARTED
over 14 years ago
TENANCY AGREEMENT ENDS
Documents available on request, please contact for viewings or further questions.
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West Wickham is located in the London Borough of Bromley in South East London and lies around 10.3 miles south east of Charing Cross. Its railway station is operated by Southeastern and is served by the Hayes line trains. Trains go northbound to Cannon Street, Ladywell then fast onto Waterloo East and Charing Cross and southbound to Hayes.
West Wickham’s close proximity to both Bromley (3.6 miles) and Croydon (4.2 miles) makes it an ideal location to commute to either towns for work or leisure.
Bromley town centre was one of the major metropolitan centres identified in the London Plan, it is home to a large retail area, that includes a pedestrianised High Street and the main shopping mall The Glades. The Glades is filled with various familiar high street brands and in the surrounding areas there’s a wide selection of restaurants, bars and pubs.
Croydon is one of the largest commercial districts outside Central London, with an extensive shopping district. This has led it to become considered to be the third main central business district in Greater London. The Whitgift Centre and Centrale shopping centre are the backbone of the shopping strip with plans for a new £1bn Westfield to be built to replace it in the near future. Along the main high street and within the shopping centre one could find a wide selection of stores and boutiques including many well-known household names. This area is also plentiful in restaurants and bars and with the opening of Boxpark in recent years has added to the process of gentrification and breathing new life in to the area.
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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