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£825,000
Bedrooms
Bathrooms
Occupying a sprawling and sought-after plot on a popular cul-de-sac this four-bedroom, semi-detached property is over 2,200 square feet in size and ideal for anyone who wants a property they can design to their own taste.
The ground-floor includes a good-size entrance hall, shower room, lounge, dining room, reception area open-plan with kitchen/breakfast room and a games room.
The first-floor features three bedrooms, modern bathroom and separate W.C while the second-floor includes a good-size master bedroom with en-suite and separate W.C.
External features include a sprawling rear garden backing onto woodland, a courtyard providing side access, an outbuilding comprising of two separate rooms and a gated entrance with off-street parking for multiple vehicles.
Plough Lane is ideally situated within good proximity to a range of green spaces including John Fisher Playing Fields and Round Shaw Downs. Popular local schools include John Fisher, Cumnor House, Thomas More Catholic School, Margaret Roper Catholic School and St Davids Preparatory School as well as local nurseries.
Purley railway station offers swift and easy access to London Victoria, London Bridge, Farringdon, St. Pancras, Kings Cross, Gatwick Airport and Brighton, while the A23 can be used to access the national motorway network. In addition there are local bus routes serving various destinations. Restaurants, bars, shops, amenities and gyms can be found both in Purley and Central Croydon.
We have been informed of the following by the Vendor:
Council Tax: Band F
Front Garden
The front garden is partially laid to lawn and includes a gated entrance and off-street parking.
Porch
The porch includes tiled floor, three double-glazed windows and double-glazed glass-panel door.
Entrance Hall
The entrance hall includes radiator, stairs ascending to first-floor, under-stairs cupboard and smoke alarm.
Lounge
The lounge includes feature fireplace with brick surround & tiled hearth, radiator, double-glazed three-casement window and coved ceiling.
Shower Room
The shower room includes shower enclosure with fixed wall controls, pedestal wash-hand basin, low-level W.C, radiator, under-stairs cupboard and double-glazed opaque two-casement window.
Dining Room
The dining room includes feature brick fireplace, radiator and coved ceiling.
Reception Area
The reception area includes log burner with tiled hearth, radiator, double-glazed single-casement window and under-stairs cupboard housing ideal boiler and gas & electric meters.
Games Room
The games room includes tiled floor, radiator, two double-glazed single-casement windows and double-glazed glass-panel double-doors leading to rear garden.
Kitchen/Breakfast Room
The kitchen/breakfast room includes wall & base level units with work surface area, two & a half bowl sink, space for free-standing fridge-freezer, space for washing machine, space for tumble dryer, space for dishwasher, oven, five ring gas hob with concealed extractor hood, tiled floor, radiator, double-glazed glass-panel door leading to side of property, double-glazed single-casement window, double-glazed two-casement window and partially-tiled walls.
First-Floor Landing
The first-floor landing includes radiator, double-glazed opaque single-casement window, smoke alarm and stairs ascending to second-floor.
Bedroom Two
Bedroom two includes fitted wardrobes, radiator and double-glazed two-casement window.
Bedroom Three
Bedroom three includes fitted wardrobes, radiator, wooden flooring and double-glazed two-casement window.
Bedroom Four
Bedroom four includes radiator and double-glazed single-casement window.
Bathroom
The bathroom includes panel-enclosed bath with fixed wall controls, double-glazed opaque single-casement window, radiator, wooden flooring, wash-hand basin, cupboard and partially-tiled walls.
W.C
The W.C includes low-level W.C, double-glazed opaque single-casement window and wooden flooring.
Second-Floor Landing
The second-floor landing includes double-glazed single-casement window.
Bedroom One
Bedroom one includes two double-glazed two casement windows, radiator, cupboard, partially-tiled walls, sink with drainer and space for free-standing cooker.
Bathroom
The bathroom includes pedestal wash-hand basin, double-glazed single-casement window, panel-enclosed bath with shower hose attachment, partially-tiled walls, radiator and cupboard.
W.C
The W.C includes low-level W.C.
Side of Property
The side of the property comprises a patio area & an area laid to gravel. Features include side access, gate leading to rear garden and a range of plants & shrubs.
Outbuilding Room One
The first outbuilding room includes double-glazed single-casement window.
Outbuilding Room Two
The second outbuilding room includes down-lights and cupboard.
Rear Garden
The mature rear garden is mostly level and mostly laid to lawn. Features include a pond, patio area, shed and a range of plants, shrubs & trees.
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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