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2-3 The Exchange Purley Road, Purley Croydon
£750,000 Offers over
Bedrooms
Bathrooms
Welcome to Arboreta Close, a superb brand new development located in this desirable, residential tree lined road in Sanderstead with excellent transport facilities via Purley Oaks and Sanderstead stations all approx under 0.5 miles away providing excellent and frequent service toward Croydon and Central London.
Arboreta Close is a boutique development consisting of only six, luxurious and spacious 2 bedroom apartments and three 4 Bedroom detached family homes all come with private outside space and off street parking.
Plot 1 is a four bedroom detached town house arranged over three floors. The entrance hallway leads through to a downstiar WC and cloakroom and a sperate modern contemporary kitchen/dining area comprising a beautifully appointed fitted kitchen with white high gloss handless wall and base cabinets complimented by a stylish black patterned work surface. Range of integrated appliances including electric over, mircowave, fridge freezer and dishwasher. All finished with wood effect herring bone floor.
The living area is spacious and benefits an abunance of natrual ligh from multi aspect windows and double glazed french doors opening onto the rear garden.
Upstairs there are two spacious bedrooms both with elegent ensuite shower rooms.
Stairs lead up to the second floor where there are two further bedrooms and family bathroom with bath and shower cubical.
Other benefits include air source heat pump heating system, herring bone flooring throughout the ground floor, Carpeted bedrooms and landings. Outside the is a private rear garden and off street parking.
Convenient for both Purley Oak Golf Club and Wettern Tree Gardens.
Call our Purley today on for further details and to book your viewing appointment.
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.
2-3 The Exchange Purley Road, Purley Croydon
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