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5 Saffron Central Square, Wellesley Road, Croydon Surrey
£410,000 Guide Price
Bedrooms
Bathrooms
Located in the prestigious Saffron Tower, this stunning furnished two-bedroom apartment offers an exceptional living experience with five-star, hotel-style amenities. Positioned in a highly sought-after corner plot layout, the apartment boasts a spacious and well-designed lateral living space, perfect for both relaxation and entertaining. The interior is beautifully finished, featuring a fully fitted modern kitchen with high-quality appliances, a stylish bathroom, and elegant dcor throughout.
Residents of Saffron Tower enjoy exclusive access to a private gym, an on-site caf, a Tesco for everyday convenience, and a dedicated 24-hour concierge service, ensuring a seamless living experience. Ideally situated in the heart of Croydon, the apartment is just moments from the vibrant Boxpark, offering an exciting mix of dining and social spaces, as well as the Whitgift Centre for all your shopping needs. With excellent transport links nearby, commuting into Central London and beyond is quick and convenient, making this an ideal home for professionals and city dwellers alike.
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.
5 Saffron Central Square, Wellesley Road, Croydon Surrey
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