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£1,250,000
Bedrooms
Bathrooms
Spacious and bright, with sprawling accommodation enjoying secluded leafy outlooks, this superbly located family home needs to be seen to be fully appreciated. The property retains the charming features of its era of construction and has living spaces and generously bedrooms, making this an ideal home for large and multi-generational families. The ground floor layout includes an impressive 177 reception hallway, perfect for entertaining guests, and has previously been used as a dining area. Within the cleverly designed extension youll find a bright living area with leafy outlooks across the rear garden, and enjoying a sociable open plan aspect to the attractive fitted kitchen. There are two further reception rooms, providing versatility and ideal working-from-home solutions. Moving upstairs, you will find four generously proportioned bedrooms, all of which have built-in wardrobes, and two have en-suite showers. With practical features including an integral garage, ample parking, a utility room, a ground floor cloakroom, an EV charging point, this delightful family home is an opportunity not to be missed.
The Highly Desirable Location
The Whitgift Foundation Estate is one of the most prestigious areas in which to reside in the borough. This property can be found on Mapledale Avenue looking towards the green oasis which is the Whitgift Pond. Containing detached homes of a superior nature, it is not hard to see why this area is held in such high regard.
Commuting & Transport Links
The peaceful leafy backdrop of Mapledale Avenue is in stark contrast to amenities that are within very easy reach. Within a few hundred yards you will find the main Addiscombe Road which offers a range of connections that includes bus routes to Bromley, Purley, Shirley, and many more destinations. Sandilands Tram Stop is within 0.6 of a mile, providing links to Wimbledon, Beckenham, and rail services at East Croydon; where you will find fast rail services to London Bridge, London Victoria, Clapham Junction, Gatwick Airport, and lots more too. The M25 & M23 are approximately 10 miles away.
Schools & Recreation
Numerous highly regarded schools are close by which include Whitgift, Royal Russell, Trinity, Coloma, and St Johns. The delightful Lloyds Park is just around the corner, offering pleasant walks and play areas for children, and only slightly further afield are Shirley Hills, Foxes Wood, and Coombe Wood Gardens. Golf courses within easy reach include The Addington and Shirley Park.
Future Potential
Whilst the property offers substantial accommodation as it stands now, similar homes have had very large extensions to provide exceptionally extensive multi-generational homes. There is ample scope to the side and rear as well as a huge loft space that could be used for adding additional living rooms and bedrooms. The garage could be used for a granny annex style set up, and homes of this calibre have had basement areas excavated providing leisure and entertainment facilities. Of course, any improvements of this nature would require the relevant local authority planning and building regulation consents.
Further Features
The property has two attractive feature fireplaces and many elegant stained glass windows. The kitchen features Corian worksurfaces, ceramic and an attractive pebble floor feature, Built in Gaggenau gas, induction, and ceramic hob, plate warmer, Neff steam oven, Neff bake/microwave over, two built in Liebherr fridges, and ample cupboard space. The central heating is supplied by a condensing gas boiler and NEST technology. The kitchen, living area and Reception 2 have Rako remote controlled zoned and themed lighting, there is a water softener, and a loft space of approx 100sqm (1,100sqft).
The Ground Floor Accommodation
Porch
Reception Hall5.36m (177') max x 4.72m (156')
Reception 24.86m (1511') x 3.81m (126')
Reception 34.78m (158') x 4.42m (146')
Kitchen & Living Area8.54m (28) x 7.01m (23)
Utility Room3.88m (129') x 2.49m (82')
Garage 5.39m (178') x 5.01m (165')
Ground Floor Cloakroom
The First Floor Accommodation
Landing
Bedroom 14.78m (158') x 3.41m (112')
En-Suite Shower
Bedroom 23.80m (126') x 3.20m (106')
Bedroom 34.62m (152') x 3.78m (125')
Bedroom 44.78m (158') x 3.65m (12)
Bathroom 2.66m (89') x 2.65m (88')
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.
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