6 bedroom detached for sale

£1,000,000

6

Bedrooms

1

Bathrooms

Floorplan


SUMMARY
A fantastic four-storey home bursting with space, style, and potentialsix bedrooms, bright living areas, and unbeatable location on London Road with top transport links and amenities just moments away!


DESCRIPTION
Welcome to London Road a truly substantial and characterful residence offering an abundance of space across four expansive levels. This impressive property combines classic charm with modern versatility, making it a standout opportunity in the heart of Croydon.

From the moment you step inside, the scale of the home is immediately apparent. The ground floor sets the tone with a generous reception room perfect for relaxing or entertaining, a formal dining area, and a spacious kitchen that serves as the heart of the home. An additional office space provides flexibility for remote working or study, while a convenient WC completes the layout.

The lower ground floor is a practical haven, featuring a utility room, two large storage areas, and an additional WCideal for keeping the main living spaces clutter-free and organised. Upstairs, the first and second floors offer a total of six well-proportioned bedrooms and three bathrooms, providing ample accommodation for large families or multi-generational living.

Each room is thoughtfully laid out, with natural light pouring in through large windows, enhancing the sense of space and warmth. The property also boasts attractive exterior views and a well-maintained outdoor area, perfect for enjoying sunny afternoons or hosting gatherings.

...
Nestled at the rear of the garden lies a rare and historically significant World War II air raid shelter, offering a unique glimpse into the past.

Situated on the bustling London Road, this home benefits from superb transport links. West Croydon and Thornton Heath stations are both within walking distance, offering direct connections to Central London and beyond. A wide array of bus routes also serve the area, making commuting and local travel effortless.

The location is rich in amenities. Croydon University Hospital is just moments away, and the area is dotted with excellent schools, including Elmwood Infant School and Harris Invictus Academy. Youll find a vibrant mix of shops, cafs, and restaurants nearby, along with green spaces like Wandle Park for leisure and relaxation.

London Road is more than just a homeits a lifestyle. Whether youre seeking a spacious family residence or a property with outstanding investment potential (subject to planning permission), this remarkable address delivers on every front.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 25000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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