sidcup property news - december 2012 edition (2)

NEWSDECEMBER 2012

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

Buying & Selling Renting & Landlords Fine Homes

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PROFESSIONAL PROPERTY SERVICES SINCE 1946

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

Still No News On Sidcup High Street Waitrose

According to a number of local papers the future of the proposed Waitrose in Sidcup High Street is still undecided with both reporting that Bexley Coun-cil is still waiting for the supermarket chain to confirm what its plans are for the large unit they leased.Waitrose was supposed to open a store next to the recently opened Travelodge but halted plans at the last minute as bosses of the super-market chain decided the location was not commercially viable in the long-term. In July the retailer was presented with a petition containing almost 6000 signatures from local members of the public calling on the retailer to reconsider its decision.

What is clear is that for the benefit of the local area and community the Waitrose site is not left empty for a long period of time but is leased to another well known respected retailer. It is worth consider-ing that local facilities are one of the key points buyers will consider when choosing an area to buy in. A good High Street full of well known retailers is vital to continue to attract buyers to the Sidcup area and keep house prices buoyant.

Key points

Post-Olympic prices rebound by 3.5% (+£8,310) as new sellers seek to reverse a summer of monthly falls totalling 4.6% (-£11,377)All regions show increases, with above av-erage rises in London (+4.8%), South East, West Midlands (both +3.9%) and North West (+3.8%), indicating ‘life in the market’Though new sellers and their estate agents are testing higher prices, Rightmove research showsFew segments of the market can currently justify higher property values than the price peaks of 2007/8Fewer than two in five buyers would arrange to visit a suitable property if they believe it is ‘over-priced’

RIGHTMOVE HOUSE PRICE INDEX FOR OCTOBER 2012

As Featured On Front Page......

Drewery Property Consultants are proud to announce their appointment by United House Developments Ltd as one of the selling agents for their new development ‘The Fold’ conveniently situated next to Sidcup station.With its contemporary artistic exterior, curved elevations, metallic finishes, expanses of glazing and bright spacious interiors, The Fold introduces an exciting new concept in city living architecture and style to Sidcup. The Fold is an extraordinary landmark building whose Avant Garde modern architec-ture echoes artistic buildings found in cities such as Barcelona London and Miami.The Fold offers 69 private sale apartments comprising studios and one and two bedroom apartments with parking and rooftop gardens. Prices start from £148,000 for a Studio, £171,000 for a one bedroom apartment and £210,000 for a two bedroom apartment.Please contact our sales team on 020 8300 6761 for further information or arrange a viewing on one of the show apartments.

THE FOLD, SIDCUP

The Fold, Sidcup Prices start from £148,000

Avg. Price

Oct 12 Avg. Price

Sept 12 Monthly Change

Avg. Price Oct 11

Annual Change

Bexley £218,848 £226,422 1.1% £218,636 0.1%

Bromley £342,020 £335,045 2.1% £341,401 0.2%

SIDCUP £215,000 The Hollies, Sidcup, DA15 8WW

Superb Edwardian 1 bed top floor conversion apartment in sought after “Hollies” development. Lounge. Dining area. Modern kitchen. Double bedroom. Modern bathroom. Communal grounds. Allocated parking. Walking distance to Sidcup station. (ref 2231).

SIDCUP £389,995Longlands Park Crescent, Sidcup, DA15 7NE

4 bed semi det house in sought after road and convenient for Sidcup station. GCH. DG. Lounge. 21`0 Dining room/second reception, well fitted kitchen, D/s shower room/wc. 4 bedrooms. Family bathroom. 115` established rear garden. Summerhouse/garden room. OSP to front. Earliest viewing recommended. (ref 3296).

SIDCUP £465,000Bexley Lane, Sidcup, DA14 4JG

5 bed detachd house offering generous sized accommodation and standing on wide plot. GCH. DG. Large lounge. Sep dining rm. Kit. Utility area. Study. D/s wc. 5 bedrooms. Family bathroom. 60` x 40` rear garden with patio. Integral garage & ample OSP. Well presented and internal viewing highly recommended. (ref 2689).

SIDCUP £849,950Sandhurst Road, Sidcup, DA15 7HL

Attractive & substantial 5 bed detached house occupying a commanding corner plot. 2 receptions. Kit/breakfast rm. Cnsvtry. Utility room. Master bedroom with ensuite, dressing rm & doors to balcony. 4 further bedrooms, 2 with ensuite. Family bthrm. 90` rear garden. Integral gge. In/out driveway. DG. GCH. Early viewing recom-mended. (ref 2173).



SIDCUP £295,000Old Farm Avenue, Sidcup, DA15 8AB

1930`s built 3 bed unextended semi det chalet style house. DG. 2 receptions. Kitchen. Conserva-tory. Study/bed 3. D/s bathroom. 2 bedrooms. Established rear garden. OSP to front. Requires general updating & redecoration. Close to Sidcup station, shops, bus routes and local amenities. (ref 3241).



SIDCUP £299,950Halfway Street, Sidcup, DA15 8BY

Well presented 3 bed chalet style house with established rear garden. Located in sought after area with easy acess to Sidcup station, shops and schools. GCH. DG. 2 receptions. Kitchen. D/s bathroom & bedroom 3. 2 upstairs bedrooms. OSP to front. Potential to extend (STPP). Internal viewing recommended. (ref 3279).

SIDCUP £129,000Buckthorne House, Longlands Road, Sidcup, DA15 7NA

1 bed second floor flat in great position, walking distance of Sidcup station. Mostly DG. Dual as-pect lounge. Kitchen. Double bedroom. Bathroom. Communal grounds. Allocated underground park-ing space. CHAIN FREE. Early viewing recom-mended. (ref 1274).

SIDCUP £180,000Manor Road, Sidcup, DA15 7HU

Well presented 2 bed split level flat. Located within short walk of Sidcup station and local amenities. DG. Lounge. Modern kitchen. 2 double bedrooms. Bathroom. Communal grounds. Garage en bloc. SHARE OF FREEHOLD. LONG LEASE. Early viewing highly recommended. (ref 3270).

SIDCUP £435,000Manor Road, Sidcup, DA15 7HU

Secluded 2 bed bungalow on corner plot location. Sought after area with easy access to Sidcup station, shops, bus routes and schools. GCH. DG. 18`7 x 10`0 lounge leading to conservatory. Spacious kitchen with doors to garden. Master bedroom with ensuite. Second bedroom. Bathroom. Lawned garden to side and rear. Car port. OSP to rear. (ref 1946).

SIDCUP £299,950Maylands Drive, Sidcup, DA14 4RN

Spacious 3/4 bed semi det house. Through lounge/diner. Spacious kitchen. Dining room. D/s bed 4 with ensuite shower rm. 2 dble and 1 single bedroom u/stairs. Bathroom. 75` rear garden. GCH. DG. Close to Albany Park station, shops, schools and Footscray Meadows. (ref 3219).

VIDEO PRESENTATIONSVisit our Property Channelwww.drewery.tv

SIDCUP £575,000The Drive, Sidcup, DA14 4ER

Unique 4 bed s/det Edwardian house. Stunning condition. Elegantly & tastefully decorated t/out. Entrance vestibule. Lounge with corner bay. Modern kitchen open

to dining area. D/s bthm & U/s shower rm. Master bedrm with corner bay. 3 further beds. Gravel driveway & att garage. Astro turfed lawn to rear garden. Early viewing a

must. (ref 2736).

DREWERY RESIDENTIAL INVESTMENTS


Looking for a Buy-to-Let investment?Come and talk to your localLicenced ARLA Agentand benefit from the experience of the longest established letting agent- Established. 1946 -

Have confidence in consulting with a qualified and trained agent who can give you up-to-date advice and guidance on the Buy-to-Let market.

SIDCUP £199,950RENTAL GUIDE: £900 PCMPalm Avenue, Sidcup, DA14 5JG

2 bed EOT house on large triangular shaped plot. Requires updating & modernisation, but great potential to extend (STPP). GCH. DG. Lounge. Kitchen/diner. 2 bedrooms. Bathroom/wc. 55` frontage. 50` rear garden. Early viewing recom-mended. (ref 2593).

GROVE PARK £169,995RENTAL GUIDE: £800 PCMBrook Court, 92 Chinbrook Road, Grove Park, London, SE12 9TY

Well presented 2 bed ground floor flat. Walk-ing distance of Grove Park station. DG. GCH. Lounge. Kitchen. 2 Bedrooms. Bathroom. Com-munal garden. Allocated parking. Chain Free. Extended lease. (ref 1490).

SIDCUP from £171,000RENTAL GUIDE: £850 - £900 PCMThe Fold, Station Road, Sidcup, DA15 7AH

1 Bedroom Apartments. Parking. Rooftop Gardens. Floor to Ceiling Windows. Open Plan Living Areas. Walking Distance To Sidcup Station. Contemporary Artistic Exterior. Curved Elevations. Metallic Finishes. (ref 3281).

SIDCUP from £210,000RENTAL GUIDE: £1100 - £1200 PCM The Fold, Station Road, Sidcup, DA15 7AH

2 Bedroom Apartments. Parking. Rooftop Gardens. Floor to Ceiling Windows. Open Plan Living Areas. Walking Distance To Sidcup Station. Contemporary Artistic Exterior. Curved Elevations. Metallic Finishes. (ref 3282).

SIDCUP £369,995RENTAL GUIDE: £1500 PCM THurst Road, Sidcup, DA15 9AH

4/5 bed semi det house with easy access to sta-tion, bus routes, shops and Sidcup`s sought after schools. DG. GCH. Dining room. Lounge with doors to rear garden. Rec 3/bed 5. D/s clkrm. Modern kitchen. 4 bedrooms upstairs. Family bathroom. Sep shower room. 60` rear garden. OSP to front. CHAIN FREE. (ref 3194).

SIDCUP £179,995RENTAL GUIDE: £850 - £875 PCMGateacre Court, Sidcup, DA14 4BY

Attractive 2 double bed first floor flat in desir-able road in Sidcup. Lounge. Modern kitchen & bathroom. 2 good sized bedrooms. Communal grounds. Storage lock up. Garage en bloc & visitors parking. Easy access to Sidcup station, High Street, bus routes and schools. CHAIN FREE. (ref 3244).

SIDCUP £187,000RENTAL GUIDE: £850 - £875 PCM Hatherley Road, Sidcup, DA14 4AS

Well presented 2 bed first floor maisonette. Sought after location. Lounge. Modern kitchen. Bathroom. Double bedroom. Larger than average private rear garden. Summerhouse. Garage en bloc. Walking distance of Sidcup station, shops and schools. (ref 3201).

SIDCUP £250,000RENTAL GUIDE: £1100 - £1200 PCMBrookend Road, Sidcup, DA15 8BE

3 bed terrace house, presented to a high standard t/out. Spacious living room. Luxury fitted kitchen. Modern bathroom. 3 good sized bedrooms. Lawned rear garden. Garage to rear. OSP to front. GCH. DG. Easy access to Sidcup station. (ref 2598).

Kitchen/diner. 2 bedrooms. Bathroom/wc. 55ffrontage 50. 50` rear g darde En. E larly viewing recom-mendmendeded. (ref(ref 259 2593)3).

Contemporary Artistic Exterior. Curved Elevations. MMetallillic Fi Fini hishe (s. ( fref 32823282)).

doors to rear garden. Rec 3/bed 5. D/s clkrm.M dMode krn k hitchen. 4 b4 beddrooms upstairs. F Fam lily bathbathroomroom Se. Sep shp showerower roo room 6m. 60` r0 rearear gardgardenen. OSPOSP to fto frontront CH. CHAINAIN FREEFREE (r. (r( ef 3ef 3194)194)).

Lawned rear garden. Garage to rear. OSP toffron Gt. GCHCH. DGDG. EEasy access Sto Sididcup st iation. (ref(ref 259 2598)8).

LATEST BUY-TO-LET OPPORTUNITIESIdeal properties to purchase and Let out

T: 020 83006761

LOOKING FOR A TENANT?A Range of letting services available:

Tenant Find Only, Rent Collection,Full Management



LandlordsAre You Letting Your Property To 3 Or More Sharers?

Before accepting any offer, take into account your potential buyer’s situation. If they are homeowners, it is important to ask if they have actually sold their property or whether it is on the market. Enquire if they have amortgage in principal agreed and find out if they are part of a chain. Establish when they would want to complete. If the offer is lower than you were hoping for but they can exchange quickly consider the benefits of a quick sale. Ask your agent to negotiate on your behalf as they will be experienced at this, and may be able to get the buyer to increase the offer.

Once you have accepted an offer and a price has been agreed you will need to swap details of the solicitors acting on your behalf in order for the conveyancing process to begin. Conveyance is the legal term used for the practice of property ownership transfers. Your solicitor will charge you for this, usually around 0.5% of the house sale. It is advisable to get a few quotes in order to obtain a competitive price. You should also check how much you will be charged should the sale fall through. At this stage you should also take your property off the market, you may be asked to enter into a Lock-out agreement which will prevent you from showing your house to any other interested parties.

The buyer is likely to instruct a survey, if this highlights any problems the buyer may wish to offer a lower price or pull out of the deal all together. Before you enter into renegotiating the price ask to see a copy of the survey.

When it comes to exchanging contracts, ensure you have read the contract thoroughly and understand what fixtures and fittings the buyer is expecting you to leave. Also note the completion day and be sure you are happy with the timescale. Full article can be found at www.naea.co.uk.

Closing The Deal When Selling

‘HOUSES IN MULTIPLE OCCUPATION’ (HMO’S)A property is an HMO if it is let as a main or only home to AT LEAST 3 TENANTS, who form more thanone household and who share a kitchen, bathroom or toilet.

An HMO property must have a LICENCE if they are THREE or more storeys, or occupied by 5 OR MORE PERSONS who form more than one household. If the property is not 3 or more storeys, or is not occupied by 5 or more persons, it does not currently require a licence, BUT you do need to comply with certain requirements:

1. Automatic Fire Detection and alarm systems (AFD’S). These must be provided to ensure early warning in the event of a fire. (These are ‘wired in’ alarms - not battery operated smoke alarms).2. Ensure that every fixed electrical installation is inspected and tested at intervals not exceeding 5 years by a person qualified to undertake such testing. (This is a more in depth test than required for non HMO tenancies)3. Provide a suitable fire blanket to the kitchen. Many Landlords are unaware of the above requirements and the penalties for non-compliance are severe, especially in the unhappy event of a tenant being injured, (or worse), as a result of noncompliance.

Further information can be obtained by contacting a member of our LettingsDepartment on 020 8300 6761.

Established Agent: Drewery are the most established agent in the area (est 1946) with a proven track record and membership of the NAEA & ARLA.

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

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

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

Why use Drewery Property Consultants?

Contact UsDREWERY PROPERTY CONSULTANTS

128 Station Road Sidcup DA15 7AF

T: 020 8300 6761F: 020 8300 5029

Out of Hours Numbers:

Sales: 07749 554687Lettings: 07743 470954E: [email protected]: www.drewery.co.ukwww.drewery.tv

Office Hours:

9am– 6pm Weekdays9am- 4pm SaturdaysSundays & after 6pm see our out of hours numbers

WOULD YOU LIKE TO ADVERTISEYOUR COMPANY / BUSINESS

IN THE SIDCUP PROPERTY NEWS?Advertising starts from

only £25Contact us on 020 8300 6761 for further details

INVESTMENT OPPORTUNITY?LOOKING FOR ANOTHER

PLEASE FIND BELOW A GUIDE TO POTENTIAL RENTS ACHIEVABLE FOR EACH TYPE OF PROPERTY AVAILABLE TO PURCHASE

THE FOLD, SIDCUP, KENT DA15 7AE

WWW.THEFOLDSIDCUP.COM

WITH POTENTIAL PROJECTED RENTAL YIELDS OF BETWEEN 5% TO 7% THE FOLD, IN OUR OPINION, REPRESENTS A FANTASTIC BUY-TO-LET PROSPECT TO ADD TO YOUR CURRENT PORTFOLIO OR TO MAKE YOUR FIRST INVESTMENT ACQUISITION.

PoTENTIAL YIELDS ACHIEVABLE FOR FOLD APARTMENTS PCM: Studio apartment rental appraisal £700-£7251 bed apartment rental appraisal £850-£9001 bed apartment WITH TERRACE rental appraisal £900-£9502 bed apartment rental appraisal £1050-£11002 bed apartment WITH TERRACE rental appraisal £1150-£1200

PoTENTIAL YIELDS ACHIEVABLE FOR SAXBY APARTMENTS PCM: Studio apartment rental appraisal £700-£7251 bed apartment rental appraisal £850-£9002 bed apartment rental appraisal £1050-£11002 bed apartment WITH TERRACE rental appraisal £1150-£1200

POTENTIAL RENTAL DEMANDTHE FOLD IS SITUATED NEXT TO SIDCUP RAIL STATION WHICH PROVIDES FAST LINKS TO CENTRAL LONDON. WE would expect continuous high rental demand for all properties located at the development from a range of professional tenants.

- Studios from £148,000- 1 bedroom from £171,000- 2 bedrooms from £210,000

TO MAKE an appointment TO VIEW A SHOW APARTMENT OR to speak to OUR PROPERTY INVESTMENT DEPARTMENT TO DISCUSS THIS BUY-TO-LET OPPORTUNITY FURTHER please contact us on:

020 8300 6761eMAIL: [email protected]

LANDLORDSCome and talk to

your local Licenced ARLA Agent

thinking of letting?

Who Manages More Rental Property Locally than any other Letting Agency

- Established. 1946 -

020 8300 [email protected]

Have confidence in consulting with a qualified and trained agent who can give you up-to-date advice and guidance.

sidcup property news - december 2012 edition (2)

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