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£975,000 Guide Price
Bedrooms
Bathrooms
Nestled at the bottom of a peaceful cul-de-sac on the Shirley/West Wickham borders, this spacious detached residence offers versatile accommodation ideal for growing families and multi-generational living. The property boasts six well-proportioned bedrooms, including an en-suite shower room to bedroom one, alongside the family bathroom, all up on the first floor. This is where youll also find the superb, self-contained, fully formed annexe, which provides the perfect space for hosting guests, or for private, independent living for a family member, or perhaps even to generate rental income.
The living space is equally impressive, featuring three generously proportioned reception rooms, all measuring around 20, two of which enjoy delightful outlooks across the rear garden, providing a wealth of options for formal entertaining, relaxed family gatherings, or home working. At the heart of the home is an attractive 179 fitted kitchen, designed with both style and practicality in mind, offering ample storage and workspace. This exceptional home combines space, versatility, and practical solutions to everyday life, in a desirable location, making it a rare opportunity not to be missed.
Location
The property can be found in Farm Drive, a peaceful cul-de-sac off Bridle Road. Within a few hundred yards, youll find a range of local shops, supermarkets, restaurants, cafes, and shops. West Wickham High Street is only 0.55 of a mile away, offering a plethora of shopping and recreational facilities. The delightful Millers Pond is within 0.25 of a mile and is ideal for a morning stroll and to appreciate nature on your doorstep. Parkfields recreation ground with a childrens play area, just 0.20 of a mile away.
Schools In The Area
The property is within easy reach of primary and secondary schools, including being approximately 1.1 mile from the highly regarded LANGLEY SECONDARY SCHOOLS. Others include Orchard Way Primary, Orchard Park Secondary, The Harris Academy at Benson, St Johns and Trinity, with Royal Russell, Coloma and Whitgift also within easy reach. For full directions, please see the map or contact Allen Heritage Estate Agents in Shirley.
Transport Links
On the nearby Wickham Road, you will find bus routes to Bromley, West Wickham, and Croydon town centres as well as East Croydon mainline railway station, which offers fast rail services to Central London and Gatwick Airport. Also trains from West Wickham and Eden Park are about a mile away. You can pick up the new Superloop bus on Wickham Road, which serves several destinations including Heathrow Airport, and Bromley South.
Lakeland
The property has a one/25th share of a beautiful privatelake and surrounded by woodland. This is a truly natural,hidden gem and is for the sole use of this property and the other 24 houses. This space is perfect for a picnic, a short stroll or relaxing by the picturesque lake . There is a small annual charge,currently 200, for the upkeep of this delightful asset
The Ground Floor Accommodation
Porch
Entrance Hall
Dining Room6.12m (201') x 4.73m (156') max
Lounge6.33m (209') x 5.23m (172') max
Reception 36.11m (201') x 2.92m (97')
Kitchen/Breakfast Room5.38m (178') x 3.82m (126') max
Integral Garage5.11m (169') x 3.31m (1010')
Ground Floor WC
The First Floor Accommodation
Landing (With Large Storage Cupboard)
Bedroom 13.77m (125') x 3.40m (112')
En-suite2.48m (81') x 1.68m (56')
Bedroom 26.24m (206') x 3.52m (117') max
Bedroom 34.30m (141') x 2.86m (95')
Bedroom 43.40m (112') x 2.44m (8)
Family Bathroom1.99m (66') x 1.85m (61')
(Annex) Bedroom 5/Kitchen4.27m (14) x 2.86m (95')
(Annex) Shower Room1.91m (63') x 1.74m (58')
(Annex) Bedroom 6/Annex Bedroom5.06m (167') x 3.12m (103')
(Annex) Terrace
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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