sidcup property news – april 2015 (27)

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Buying & Selling Renting & Landlords Fine Homes

Covering a varied selection of property for sale and to let throughout the London Borough of Bexley (Sidcup, Welling, Bexleyheath, Bexley), North West Kent (Dartford, Crayford, Swanley) & South East London (Eltham SE9, Woolwich SE18) as well as surrounding areas.

APRIL 2015

DreweryP R O P E R T Y C O N S U L T A N T S

Newsletter April 2015

From April 6th 2015, anyone over 55 will be allowedto withdraw all or part of their pension and spend itas they wish - rather than being forced to buyannuity.Liz Leitch (Lettings Manager of Drewery Property Consultants) givesher opinion why this might be the ideal time to invest in property: We have had an extremely positive start to the year, with very highdemand for rental properties in Sidcup and most local areasduring the first few months. Similar to the local residential salesmarket it has been all about supply and demand with a hugeshortage of available rental properties being seen locally againstthe number of applicants looking.The Homelet rental index has already reported a 2.3% increase inrents for new residential tenancies this year in Greater London andwe expect that Sidcup & Bexley to see further rent increases in2015 whilst demand for rental property remains so high. The localsales market also remains very strong with further property priceincreases predicted and rightmove forecasting that the South-East

will be the region with the highestincrease in property values over thenext five years.

With this in mind it could well be theideal time for anyone consideringpurchasing a buy to let investment,especially if you are thinking of usingyour pension following the recentchanges to how pensions can now be used. As a company wecan also fully manage the property for you on your behalf so toremove the worry of having to deal with maintenance, rentcollection and tenants plus provide the security of a 'Client MoneyProtection Scheme'.

Drewery are offering a Free buy to let consultation to anyone whois considering becoming a landlord which aims to provide valuableinformation on the local lettings market including potential rents,current demands and predicted returns. Please contact us on 0208269 6600 or [email protected] for further information.

House prices close to all-time high – will‘granlords’ drive themhigher?� Price of property coming to market up by 1.0%

(+£2,748), a more muted rise at this time of yearfor three years suggesting pre-election slowdown

� Average new seller asking price just £30 belowJune 2014 record as high demand reduces theimpact of tighter lending controls introduced in theApril 2014 Mortgage Market Review

� Buy-to-let investors cashing in their pension pots toraise larger deposits may drive prices up further atthe low end of the market - agents are reportinguplift in interest ahead of new pension rules

� Number of newly-listed properties up by 3.2%compared to last month, though first-time buyerproperties which are likely ‘granlord’ investortargets, have seen the lowest increase in supply(+2.6%) and are the sector seeing the highestannual price rise (+7.6%)

Avg. Price Avg. Price Monthly Avg. Price AnnualMar 15 Feb 15 Change Mar 14 Change

Bexley £466,996 £475,985 -1.9% £424,240 10.1%

Bromley £310,473 £305,518 1.6% £269,248 15.3%

RIGHTMOVE HOUSE PRICEINDEX FOR MARCH 2015

PENSION OR PROPERTY – IS NOW THE TIME TO INVEST?

PROPERTY OF THE MONTH

Burnt Oak Lane, Sidcup, Kent DA15 9BW – Guide Price: £465,000

As Featured On Front Page …We are delighted to offer this impressive extended three bedroom semi detachedchalet style house which is situated on a large corner plot. The property is situatedwithin a mile of Sidcup train station and within walking distance to Holy Trinity andChatsworth Primary Schools and Chislehurst and Sidcup Grammar School.

The property is in excellent condition throughout and the ground floor comprises:Entrance hall, living room (15’11 x 12’8), dining room, modern kitchen (21’1 x 20’),a larger than average downstairs bedroom (12’5 x 11’2) with modern en-suitebathroom and a downstairs family bathroom. To the first floor are two doublebedrooms. Externally the property offers a paved driveway at the front and a wellkept rear garden with decking area. There is also a large garage in the garden withutility area.

The property also benefits from central heating and double glazing. Properties ofthis calibre are rarely available and early viewings are recommended. Ref: 4087.

ESTATE AGENTS | SURVEYORS | VALUERS | RESIDENTIAL PROPERTY SALES | LETTINGS & MANAGEMENT

BEXLEY £1,200 PCM + fees*Hall Place Crescent, Bexley, DA5 1PP

Good size 3 bed semi det house with easy access toboth Bexley Village and Crayford town centre. GCH.DG. Through lounge. Fit kit with some appliances. 3 good size bedrooms. Bathroom. OSP for severalcars. Garage. Rear garden. Available early April.Unfurnished.http://tinyurl.com/88pykq4 (ref 2699).

SIDCUP £825 PCM + fees*Hatherley Road, Sidcup, DA14 4AJ

Spacious 1 bed first floor maisonette. Sought afterlocation in popular residential road and close to shops,High St, bus routes and Sidcup station. GCH. DG.Spacious lounge. Modern kitchen. Double bedroom.Bathroom. Small garden to rear. Available early/midApril. Unfurnished.http://tinyurl.com/6dyj47l (ref 2783).

BEXLEY £1,250 PCM + fees*Gaitskell Road, New Eltham, London, SE9 2DL

Well maintained 2 bed EOT house, situated in popularresidential location and close to High St, shops,schools, bus routes and New Eltham station. GCH.DG. Through lounge. Modern kitchen. 2 doublebedrooms. Family bathroom. Low maintenancegarden. Available end March. Furnished.http://tinyurl.com/9o8e7k3 (ref 3247).

Experience Knowledge Trust

*Important – admin fees apply per applicant. Please visit our website www.drewery.co.uk (information for tenants – Fees and other costs) or contact our staff.

PROFESSIONAL PROPERTY SERVICES SINCE 1946

t: 020 8300 6761www.drewery.co.uk


SIDCUP Guide Price: £279,950Harcourt Avenue, Sidcup, DA15 9LW

Superb 2 bed mid terrace house presented in excellent decorative order t/out. Locatedwithin walking distance of Albany Park station. Through lounge/diner. Recently fittedmodern kitchen. Master bedroom with fitted wardrobes. 2nd bedroom. Modernbathroom. Rear garden. Driveway to front providing OSP for 2 cars. GCH. DG. IdealFTB.http://tinyurl.com/q8v64te (ref 4070).

SIDCUP Guide Price: £285,000Harcourt Avenue, Sidcup, DA15 9LW

Impressive 2 bed mid terrace house, extended to hte rear. Excellent decorative ordert/out. Popular area of Sidcup, walking distance to Albany Park station. Throughlounge/diner. Large modern kitchen. Master bedroom. Second bedroom. Modernbathroom. OSP to front for 2 cars. Garden. GCH. DG. Early viewing recommended.http://tinyurl.com/p7tftsh (ref 4042).

SIDCUP Guide Price: £349,950The Oaks, Acacia Way, Sidcup, DA15 8WW

2 bed Edwardian first floor apartment located in the desirable “Hollies” development, setin parkland setting. Short walk to Sidcup station, shops, cafes and restaurants. Communalentrance and lobby. Private entrance door and hallway. Spacious lounge. Separatedining room. Large kitchen. Main bedroom with ensuite. Second bedroom. Bathroom.Garage en bloc. Compulsory membership to onsite leisure complex. Chain Free.http://tinyurl.com/prba3uc (ref 4084).

BEXLEY Guide Price: £350,000Oakley Park, Bexley, DA5 3EG

3 bed semi detached house in sought after location. Situated in a quiet and desirablelocation which offers easy access to some of the borough`s sought after schools, local shopsand train station. 16’11 x 14’10 lounge. Spacious kitchen. Bathroom with separate wc.3 good size bedrooms. Gardens to front and rear. Single garage and off street parking.Potential to extend further (STPP). Highly sought after so early viewings recommended.http://tinyurl.com/pgfousc (ref 4066).



SIDCUP Guide Price: £350,000Rutland Avenue, Sidcup, DA15 9DZ

Spacious 2 bed semi detached "Ideal" bungalow, locatedin a quiet residehtial road, yet only a short walk from localamenities. The property requires some modernisation andis being offered CHAIN FREE. Lounge. Kitchen. 2bedrooms. Bathroom. Rear garden. Driveway and singlegarage. Early viewing recommended.http://tinyurl.com/q2wfrxw (ref 3994).


VIDEO PRESENTATIONVisit our Property Channelwww.drewery.tv

BEXLEY Price: £650,000Parkhill Road, Bexley, DA5 1JA

Attractive, extended 5 bed det house located in elevated posiiton in a private slip road. Walking distance of Bexley Village and station. Easy access to primary and secondary schools.

Cloakroom. Through lounge. Conservatory. Well fitted kitchen. Master bedroom with ensuite. 4 further bedrooms. Family bathroom. Driveway & garage. Mature, secluded rear garden.

http://tinyurl.com/kbpd9o4 (ref 3888).

SIDCUP Guide Price: £230,000Longlands Road, Sidcup, DA15 7LU

2 bed ground floor flat requiring updating throughout.Sought after location with easy access to Sidcup station,shops and schools. Front lounge. Rear kitchen with doorto garden. 2 bedrooms. Bathroom. Private rear garden.Off street parking to front. CHAIN FREE.(ref 4089).

SIDCUP Guide Price: £180,000Elswyn House, 64 Hatherley Road, Sidcup, DA14 4AW

Generously proportioned 2 bed ground floor flat.Walking distance of Sidcup station and High St. GCH.DG. Large lounge. Kitchen. 2 good sized bedrooms.Bathroom. Sep wc. Communal gardens. Garage enbloc. Ideal for FTB or investment opportunity.http://tinyurl.com/owoprrn (ref 699).

SIDCUP Guide Price: £174,000Hunters Lodge, 99 Manor Road, Sidcup, DA15 7JT

One bed first floor, purpose built flat in sought afterlocation, close to local amenities and walking distance toSidcup station. DG. Elec htg. E/phone system.Lounge/diner. Fitted kitchen. Bedroom. Modernbathroom. Communal gardens to the rear. Allocatedunderground parking.http://tinyurl.com/lspbdpf (ref 3757).

SIDCUP Guide Price: £295,000Saxby Apartments, Station Road, Sidcup, DA15 7AH

Spacious 2 bed, 4th floor apartment in sought after SaxbyDevelopment. Short walk to Sidcup station, local shops, cafes andrestaurants. Secure fob entry system. Lift. Lounge with floor to ceilingwindows open plan to modern white gloss kitchen with integratedBosch. appliances. Master bedroom with ensuite. Second bedroom.Bathroom with Villeroy & Boch sanitaryware. Undercover parkingspace. Cycle spaces. Communal rooftop terrace. CHAIN FREE.http://tinyurl.com/mmb28rq (ref: 4060).

SIDCUP O.I.E.O. £250,000Cray Road, Sidcup, DA14 5DL

Period 2 bed cottage style house situated within walkingdistance of bus routes, local schools and motorway links.GCH. Triple & DG. Open plan living area (21’0 x 12’0).Fitted kitchen. Conservatory. D/stairs wc. 2 bedrooms.Modern bathroom. Well maintained garden with deckedarea & sep BBQ area. Early viewing recommended.http://tinyurl.com/opk5576 (ref 3769).




Burnt Oak Lane, Sidcup, DA15 9BWExtended 4 bed semi detached chalet occupying a wide plot overlooking the golf course. GCH. Partly DG. Large lounge. Dining room. Kitchen. D/s bathroom. 4 bedrooms and U/sshower room. Larger than average frontage and wide plot offers potential to extend (STPP). Early viewing recommended.http://tinyurl.com/nw9jszl (ref 3886).

SIDCUP Guide Price: £500,000 - £525,000


Station Road, Sidcup, DA15 7DUGenerously proportioned 5 bed, 3 rec end of terrace house arranged over 3 floors. Ideal for large family or conversion (STPP). GCH. DG. Parking for 4 cars. Approx 96’ rear garden.Situated in the heart of Sidcup, close to station and local amenities. Early viewing recommended.http://tinyurl.com/cy4htnq (ref 1245)

SIDCUP Guide Price: £450,000 - £475,000

Exclusive Homes In Sidcup is a dedicated sales service created tosell exclusive properties towards the higher price end of theproperty market or properties which may be considered unique.

This service aims to offer the highest quality personal service butwith the attention to marketing which property of this type oftenrequires.

Use our Exclusive Homes service and see your property advertisedfull page in the Sidcup Property News which is delivered to over 7klocal homes.

For more information: 01323 [email protected] www.gabyhardwicke.co.uk

No Move, No Legal Fee

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Buyer Protect - a warranty that protects your out of pocket expenses if

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When you call us, we will speak to you, we don’t have voicemail

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Why use Drewery Property Consultants?Established Agent: Drewery are the most established agent in the local area (est 1946) with a proventrack record and membership of the NAEA & ARLA.

Prime Office Location: Drewery occupy an unrivalled, prime location, close to Sidcup Station and majorsupermarket.

Experienced Sales Team: Drewery employ the most experienced sales & letting team locally withover 15 members of staff.

Maximum Internet Exposure: Drewery has the most dominant internet exposure locally includingRightmove, Primelocation & Zoopla, plus over 30 other property websites.

Contact UsDREWERY PROPERTY CONSULTANTS

128 Station RoadSidcup DA15 7AF

Telephone:

Sales: 020 8300 6761Lettings: 020 8269 6600

OUR LINES ARE NOWOPEN LATE

8.30am - 8pmMonday to Friday9am - 5pm Saturdays10am - 4pm Sundays

E: [email protected]: www.drewery.co.uk

www.drewery.tv

Office Hours:

9am - 6pm Weekdays9am - 4pm Saturdays

WOULD YOULIKE TO ADVERTISEYOUR COMPANY / BUSINESS

IN THE SIDCUPPROPERTY NEWS?Contact us on020 8269 6608for further details

MAJOR LENDER CUTS AMOUNT IT WILL LEND TO FIRST-TIME BUYERS

Santander is today cutting its lending limitfrom five times to four-and-half times salaryfor first-time buyers.

It means that a first-timer earning £40,000will not be able to borrow £200,000 any more, but a maximum of £180,000.

The move by Santander follows Barclays which recently cut its limit from five-and-a-half times income to four-and-a-half times income for all borrowers.

The new caps on lending limits come as mortgage rates have fallen to record lows.Santander will continue to offer loans of up to five times salary for home movers.Andrew Montlake, of mortgage broker Coreco, said: `The changes will hit buyers inLondon the most, and particularly first-time buyers.

Landlords will be required by law to installworking smoke and carbon monoxide alarmsin their properties, under measures announcedby Housing Minister Brandon Lewis at the LocalGovernment Association annual fire conference.

The move will help prevent up to 26 deaths and 670injuries a year. The measure is expected to take effect from October 2015,and comes with strong support after a consultation on property condition inthe private rented sector.

The BPF (British Property Federation) said the crackdown was necessary toforce the small number of landlords who did not install alarms in theirproperties to bring them up to standard. The English Housing Survey estimatedin 2013 that 82% of private rented homes had smoke alarms fitted. The BPFsaid that making the installation of carbon monoxide and smoke alarmscompulsory will provide clarity to landlords.

SMOKE AND CARBON MONOXIDE ALARMS TO BEMANDATORY IN ALL RENTED HOMES

IF YOU WISH TO ADVERTISE YOUR LOCAL COMMUNITY EVENT FOR FREEPLEASE CONTACT US ON 020 8269 6608 OR EMAIL [email protected]

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Our recommendations and reviews speakfor themselves and we are proud to be thenumber one Agent again in the local areafor customer satisfaction.

Drewery prides itself on the level of itscustomer service and our experienced andhighly trained staff are dedicated to helpingyou through the entire sales and lettingprocess.

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sidcup property news – april 2015 (27)

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