Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
1029 London Rd, CR7 6JF
£225,000 From
Bedrooms
Bathrooms
Reception
This well-maintained apartment offers comfortable living with two spacious double bedrooms, It's located on the second floor with beautiful views and excellent public transport links, making commuting into Croydon & the City easy and hassle-free. This apartment is ideal for a buy to let investor. Featuring a comfortable living room adorned with tasteful decor, a well-maintained modern kitchen, two double bedrooms equipped with spacious wardrobes, and a tiled bathroom suite complete with a bathtub, this property offers a high standard of living. This property is ideally suited for a first time buyer looking to get their foot on the property ladder and also is ideal for a buy to let investor looking to add to their rental portfolio. Transport: West Wickham Rail Station (approx. 1.18 miles) Eden Park Rail Station (approx. 1.67 miles) Hayes Kent Rail Station (approx. 1.76 miles) Shrublands Bramble Close Bus Stop (approx. 0.5 miles) Firtree Gardens Bus Stop (approx. 0.16 miles) Schools: Primary Schools: Forest Academy (approx. 0.4 miles) Applegarth Academy (approx. 0.8 miles) Harris Primary Academy Benson (approx. 0.7 miles) Castle Hill Academy (approx. 0.8 miles) Secondary Schools : Shirley High School Performing Arts (approx. 1.0 miles) Orchard Park High School (approx. 1.3 miles) Langley Park School For Girls (approx. 1.6 miles) Local Amenities: Supermarkets: Sainsbury's (approx. 0.8 miles) Marks & Spencer (approx. 0.8 miles) Co-op (approx. 0.9 miles) Convenience Stores: Shell Uk Ltd (approx. 0.3 miles) Chaasi Mini Market (approx. 0.3 miles) Morrisons Daily (approx. 0.3 miles) Bars & Pubs: Croydon Rugby Club (approx. 0.3 miles) The Apple Tree (approx. 0.4 miles) The Randall Tavern (approx. 0.7 miles) Restaurants & Cafes: The Children And Family Centre (approx. 0.3 miles) Heidi's Cafe (approx. 0.3 miles) Kps Fast Food (approx. 0.3 miles) Pharmacies: Greenchem (approx. 0.3 miles) Fieldway Pharmacy (approx. 0.7 miles) Lloyds Pharmacy (approx. 0.8 miles) NHS GP Practices: Broom Road Medical Practice (approx. 0.3 miles) Fieldway Medical Centre (approx. 0.7 miles) Wickham (approx. 0.4 miles)
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
1029 London Rd, CR7 6JF
The Property has been saved to your favorites
/ 5
It's quick and easy
