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House For Sale Blackness Lane, Keston, BR2

£6,000

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 22nd October 2020

Description

Located in the village of Keston, within the London borough of Bromley and the historic county of Kent. This is a fantastic opportunity to own a plot of land within the stunning Kentish countryside. This plot of land could suit a number of uses subject to planning consents. The site is approximately c. 0.022 acres (0.009 hectares).

Keston is located only 8 miles from Croydon and 16 miles from the centre of London. The village has a host of amenities including shops, restaurants and primary schools. The village has a number of transport links which will connect you to greater London and other surrounding areas.

We have four plots available at this location that are to be auctioned off individually, however please get in touch if you would be interested in purchasing all four.

For further information please get in touch with Lorren or George in the Wilsons Auctions Property Department.
Agent Details
Wilsons Auctions Ltd
6 Kilwinning Road, Dalry, KA24 4LG
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
0.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£180
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a lower return, when compared to other conservative investments.
0

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
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It may be difficult to get a mortgage offer for this property.
Mortgage
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested