Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
2-3 The Exchange Purley Road, Purley Croydon
£1,100,000
Bedrooms
Bathrooms
Spacious Detached Family Home in Sought-After West Purley 2,889 Sq. Ft + Double width and double length Garage & Lap Pool.
Located on a prestigious road in the highly desirable West Purley area, this substantial detached family home offers over 2,800 sq. ft of versatile living space, perfect for growing families or those seeking room to personalise.
Set on a generous plot, the property features four double bedrooms and two bathrooms upstairs, while the ground floor offers three spacious reception rooms, a well-proportioned fitted kitchen, and a separate utility room. The home presents an opportunity to update and modernise to your own style.
A standout feature is the attached double-length, double-width garage (3111 x 17), accessed via a private in-and-out driveway providing ample parking. To the rear, youll find a landscaped garden, mainly laid to lawn with mature borders, along with a sunken lap pool, perfect for summer entertaining.
Detached outbuilding with power, water, sink, shower & WC
Pool pump house
Access to cellar/storage space beneath the house
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
The Property has been saved to your favorites
/ 5
It's quick and easy
