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5 Saffron Central Square, Wellesley Road, Croydon Surrey
£385,000 Guide Price
Bedrooms
Bathrooms
Located on the 9th floor of the sought-after Amarelle Apartments development, this beautifully presented two-bedroom, two-bathroom apartment combines style, comfort, and practicality in one of Croydon?s most convenient locations. A spacious open-plan living and dining area is flooded with natural light from floor-to-ceiling windows and extends seamlessly onto a private balcony, where you can enjoy beautiful sunset views from both the lounge and balcony. The sleek, modern kitchen is equipped with integrated appliances and minimalist cabinetry, ideal for both everyday use and entertaining. Both double bedrooms are generously proportioned, with the principal bedroom featuring fitted wardrobes and a contemporary en-suite shower room. The stylish family bathroom and plentiful hallway storage complete the well-considered layout. Throughout the apartment, comfort is prioritised ? it benefits from a comfort cooling system (air cooling) in the lounge and both bedrooms, keeping internal temperatures around 20*C. Residents enjoy the convenience of a daily on-site concierge service ? helpful for parcel delivery, holding spare keys, etc., as well as access to beautifully maintained, dog-friendly communal gardens and a children?s playground, offering a rare sense of community and calm. Perfectly placed for city commuters, the property sits moments from East and West Croydon stations, with fast, direct links to Central London, Gatwick Airport, and beyond. A variety of restaurants, shops, and green spaces are all within easy reach, making this an ideal home for those seeking lifestyle and location in equal measure.
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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