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£825,000
Bedrooms
Bathrooms
Offered to the market this large five bedroom semi detached family home. The ground floor accommodation comprises a porch, wide entrance hall, and two large reception rooms. The house has been extended to provide not only a 17ft dining room but also a contemporary kitchen which makes the best of the views over the rear garden. To the first floor, the viewer will find five bedrooms and a family bathroom, as well as ample storage. To the front there is an attractive front garden with ample parking and a garage. To the rear, there is a good sized rear garden with patio, and a large level lawn with views over Selsdon Golf course
Sanderstead Village is minutes away with good local shops and also close by is
Selsdon which provides comprehensive shopping facilities including three high street supermarkets and a regular bus service runs close by direct to Croydon town centre and main line station. The area also provides a range of state and independent schools and numerous green areas can be found. Selsdon provides comprehensive shopping facilities including three high street supermarkets and a regular bus service runs close by direct to Croydon town centre and main line station. Numerous green areas can be found within close proximately to the property.
Addington Road is an ideal location, with something to offer all types of buyer. For the growing family, there is a wide choice of schooling for all ages, in both the public and private sector. There are regular bus routes, which pass mainline train stations, offering services into London. Situated between Sanderstead and Selsdon, there are also ample shopping facilities; namely Sainsburys and Waitrose.
Map location is not available for this property.
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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