4 bedroom detached for sale

£1,500,000

4

Bedrooms

4

Bathrooms

Floorplan

This truly impressive detached residence is situated in a secluded, prestigious gated development of just two homes. Individually designed and built to a very high specification by the present owners, the property offers really spacious accommodation that is exceptionally well presented throughout. Built in 2011, the property has all of the features you would expect of a property in this class. The generously proportioned reception rooms provide ideal areas for everyday family life and perfect too for those who like to entertain in large numbers. There are four double bedrooms each with a luxurious en-suite, three of which also benefit from dressing rooms. Fittings are of a high quality, these include a most impressive fitted kitchen, a delightful sweeping oak staircase, good quality floor coverings, solid wood doors and underfloor heating throughout. Outside you will find a secluded rear garden, a double garage with accommodation above, and ample off street parking.

The Enviable Location
Beechwood can be found in a set back secluded position off the Wickham Road. Whilst it is peacefully tucked away, numerous amenities can be found close by, within a few hundred yards you will find a range of local shops and supermarkets, cafes and restaurants.

The Ground Floor Accommodation
Entrance Hall 5.57m (183') x 2.00m (67')
Lounge 8.28m (272') x 4.93m (162')
Dining Room 5.02m (166') x 4.04m (133')
Kitchen/Breakfast Room 6.11m (20) x 5.80m (191')
Utility Room 2.80m (92') x 2.07m (610')
Family Room 4.04m (133') x 3.34m (11)
Ground Floor Cloakroom

The First Floor Accommodation
Galleried Landing 5.42m (179') x 4.04m (133')
Bedroom 1 4.95m (163') x 4.01m (132')
Dressing Room 4.96m (163') x 1.10m (37')
En-suite Bathroom 5.03m (166') x 2.33m (78') max
Bedroom 2 4.12m (136') x 4.05m (134')
Dressing Room 2.99m (910') x 2.05m (69')
En-suite Bathroom 2.96m (99') x 2.13m (7)
Bedroom 3 4.17m (138') x 4.04m (133')
Dressing Room 2.96m (99') x 2.06m (69')
En-suite Shower Room 2.96m (99') x 1.78m (510')
Bedroom 4 4.04m (133') x 4.01m (132')
En-suite Shower Room 2.78m (91') x 1.10m (37')
Airing/Laundry Room 4.04m (133') x 1.08m (37')

The Garage Space
Double Garage 19 1 x 19 4 (5.81m x 5.89m)
Study Above Garage 4.72m (156') x 3.15m (104')

Future Potential
Whilst the property already offers comprehensive accommodation, these is still scope for additions if required. The double garage with room above could be easily converted to provide an annex style set up, the vast loft space has attic trusses installed for ease of conversion, and the property could be extended to provide additional reception rooms. Of course, any improvements of this nature would require the relevant local authority consents.

Rear Garden 85 4 x 49 3 (26m x 15m)
Surrounded by mature trees and shrubs, this delightful garden has a secluded feel, with a large lawn and patio areas ideal for the summer BBQ.

Frontage
Accessed via electronically operated remote controlled gates, the really neat and tidy pretty frontage offers a delightful approach to the property, ample off street parking and access to the double garage.

For the Commuter
Close by are bus routes to East Croydon Mainline Station, Bromley and Croydon town centres, as well as Sandilands Tram Stop and West Wickham High Street. East Croydon Mainline Station provides fast links to London Bridge, London Victoria, Clapham Junction and Gatwick Airport and many others too. The Tram Link runs between Beckenham and Wimbledon with many stops in between. The new Superloop now provides the Wickham Road with a direct link to Heathrow Airport and Bromley South. For full directions please contact Allen Heritage Estate Agents in Shirley.

Schools In The Area
There are many schools within easy reach, including St Johns, Trinity, Coloma, Royal Russell and Whitgift.

EPC Rating - B


EPC Rating: B

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1256450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 37500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 131450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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