3 bedroom semi-detached for sale

£575,000

3

Bedrooms

1

Bathrooms

Floorplan

Occupying a sought-after plot within good proximity to Coulsdon Town Centre this three-bedroom, semi-detached property is chain-free and comes to the market ideal for anyone who wants a good-size rear garden.

The interior features two reception rooms, entrance hall, kitchen, bathroom, separate W.C and three bedrooms.

Additional benefits include a driveway with off-street parking and potential to extend subject to planning permission.

Woodmansterne, Coulsdon South and Coulsdon Town Railway Stations offer swift and easy access to a variety of destinations including London Victoria, London Bridge, Kings Cross, St. Pancras International, Gatwick Airport and Brighton, while the M23/M25 interchange at Hooley provides easy access to the South Coast, Gatwick Airport and the national motorway network. In addition the surrounding area is well-served by a variety of bus routes.

Local shops include Waitrose and additional supermarkets along with further shopping opportunities and gyms across Croydon, while Coulsdon High Street has a number of popular restaurants. Local green spaces include the stunning Farthing Downs and Coulsdon Memorial Park in addition to beautiful Surrey Countryside.

There are also a number of golf courses in the local vicinity including Coulsdon Court, Woodcote Park, Chipstead, Surrey Downs, and Kingswood while there are also a number of local sports clubs and leisure facilities. Coulsdon also includes a range of highly-rated schools including Chipstead Valley Primary School, Smitham, Oasis Academy, Woodcote Primary School, Woodcote High School and Coulsdon Sixth Form College.

Porch - The porch includes glass-panel double-glazed door and opaque double-glazed window.

Hallway - The hallway includes double-glazed leaded-light effect opaque window, radiator, smoke alarm and stairs ascending to first-floor.

Lounge - The lounge includes double-glazed single-casement leaded-light effect window and radiator.

Dining Room - The dining room includes two radiators, two double-glazed windows and double-glazed glass-panel door to rear garden.

Kitchen - The kitchen includes wall & base level units with work surface area, four-ring gas hob, oven, space for free-standing fridge-freezer, space for washing machine, stainless-steel extractor hood, stainless-steel sink with drainer & mixer tap, space for tumble-dryer, partially-tiled walls, under-stairs cupboard housing gas & electric meters, double-glazed opaque glass-panel door to side of property, double-glazed single-casement window, wall-mounted Worcester boiler, down-lights and smoke alarm.

Landing - The landing includes double-glazed leaded-light effect window, smoke alarm, cupboard and loft hatch.

Bedroom Three - Bedroom three includes double-glazed single-casement window and radiator.

Bedroom Two - Bedroom two includes double-glazed three-casement bay window and radiator.

Bedroom One - Bedroom one includes fitted wardrobes, radiator and double-glazed two-casement leaded-light effect window.

Bathroom - The bathroom includes partially-tiled walls, double-glazed single-casement opaque window, wash-hand basin and bath with shower hose attachment.

W.C - The W.C includes high-level W.C and double-glazed single-casement opaque window.

Rear Garden - The rear garden is mostly laid to lawn. features include side access, shed, water tap, tree & a range of plants & shrubs.

Front Of Property - The front of the property includes a driveway with off-street parking for multiple vehicles and a range of plants & shrubs.



Features
  • Freehold

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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

£ 477075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 14375
  • 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

£ 45825
  • 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

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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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