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£800,000 Guide Price
Bedrooms
Bathrooms
Guide-Price: 800,000 - 825,000
Occupying a capacious plot on a highly sought-after residential road, this imposing four-bedroom detached property comes to the market perfect for anyone looking to put their own stamp on the home.
The ground floor consists of four reception rooms, good-size entrance hall, kitchen and utility room. The first-floor contains four good-size bedrooms including a master bedroom with stunning views and a dressing room.
Externally, the property features a sprawling tiered rear garden with side access and an outbuilding comprised of four rooms. In addition, the property features a good-size front garden and plenty of potential for extension subject to planning permission.
One of the most appealing features of the local area is the schools. Beaumont Primary School is located within good proximity and was rated as 'outstanding' in 2017.
Reedham Railway Station provides swift and direct access to London Bridge and London Victoria, while Purley Railway Station can be used for Gatwick Airport and Brighton. In addition, local buses serve destinations including Caterham, Banstead, Old Coulsdon, Redhill, Central Croydon, West Croydon and Streatham, while the N68 route provides nightly buses both into and from Central London and Waterloo Railway Station. The M23/M25 interchange at Hooley can be used to access the national motorway network.
Coulsdon Manor Golf Club & Reedham Park Tennis Club are amongst popular local destinations while a variety of amenities, shops, gyms and restaurants can be found in Purley Town Centre.
We have been informed of the following by the Vendor:
Council Tax: Band G.
Entrance Hall
The entrance hall includes two-casement double-glazed window, radiator, wood flooring and stairs ascending to first-floor.
Lounge
The lounge includes feature fireplace with wood surround & marble-effect hearth, four-casement double-glazed window, radiator and wood flooring.
Dining Room
The dining room includes double-glazed double doors leading to rear garden, two double-glazed single-casement windows, radiator, electric fireplace with brick surround and wooden flooring.
Games Room
The games room includes double-glazed glass-panel door to rear garden, radiator and wood flooring.
Study
The study includes four-casement double-glazed window, radiator and wood flooring.
Kitchen
The kitchen includes base units with work surface area, ceramic sink with drainer, radiator, two casement double-glazed window, space for dishwasher, space for Aga cooker and cupboard under-stairs housing gas & electric meters.
Utility Room
The utility room includes space for washing machine, space for tumble dryer, partially-tiled walls, space for fridge-freezer and single-casement double-glazed window.
Landing
The landing includes cupboard housing Glow-Worm boiler, radiator, wooden flooring, loft hatch and smoke alarm.
Master Bedroom
The master bedroom includes four-casement double-glazed window, radiator and wooden flooring.
Dressing Room
The dressing room includes two-casement double-glazed window.
Bedroom Two
Bedroom two includes two-casement double-glazed window, radiator and wooden flooring.
Bedroom Three
Bedroom three includes two-casement double-glazed window, radiator and wooden flooring.
Bedroom Four
Bedroom four includes two-casement double-glazed window, radiator and wooden flooring.
Outbuilding Room One
The first outbuilding room includes double-glazed glass-panel door and two double-glazed windows.
Outbuilding Room Two
Outbuilding Room Three
Outbuilding Room Four
The fourth outbuilding room includes two double-glazed windows.
Rear Garden
The rear garden includes a patio area and mostly laid to lawn tiers while features include side access and a range of trees, plants & shrubs.
Front Garden
The front garden is mostly laid to lawn.
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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