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£650,000
Bedrooms
Bathrooms
Occupying a substantial plot this three-bedroom, semi-detached property offers the perfect opportunity for any buyer, with potential to extend subject to planning permission and good proximity to Woodcote School.
The interior includes two good-size reception rooms, kitchen, entrance hall, three bedrooms and bathroom.
Additional features include a garage, external W.C and off-street parking for multiple vehicles.
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 widely 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 and the surrounding area also include a range of highly-rated schools including Chipstead Valley Primary School, Smitham, Woodcote Primary School, Wallington High School for Girls and Woodcote High School.
We have been informed of the following by the Vendor:
Council Tax: E
Porch
The porch includes tiled floor and two double-glazed windows.
Entrance Hall
The entrance hall includes radiator, picture rail, stairs ascending to first-floor and under-stairs cupboard.
Lounge
The lounge is dual-aspect and includes double-glazed feature bay window, double-glazed window, radiator, wood hearth with tiled surround, picture rail and coved ceiling.
Dining Room
The dining room is dual-aspect and includes double-glazed double-doors leading to rear garden, double-glazed window, two double-glazed single-casement windows, two radiators and picture rail.
Kitchen
The kitchen includes wall & base units with work surface area, four-ring gas hob with oven & extractor hood, partially-tiled walls, space for fridge/freezer, one & a half bowl sink with drainer, double-glazed window, pantry, space for washing machine and double-glazed door to rear garden.
Landing
The landing includes picture rail, smoke alarm and loft hatch.
Master Bedroom
The master bedroom is dual-aspect and includes double-glazed feature bay window, double-glazed window and picture rail.
Bedroom Two
Bedroom two is dual-aspect and includes two casement double-glazed window, single-casement double-glazed window, radiator and picture rail.
Bedroom Three
Bedroom three includes double-glazed single-casement window, radiator and picture rail.
Garage
The garage includes an up & over door.
Front Garden
The front garden includes off-street parking and a range of trees, plants & shrubs.
Rear Garden
The mostly-level rear garden is partially laid to lawn with a decked area and includes side access, water tap and a range of trees, hedges, plants & shrubs. There is also a boiler room including a Vailant boiler and a W.C.
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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