3 bedroom detached for sale

£650,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Guide-Price: 650,000 - 675,000
Ideally located on one of Coulsdons most popular roads this three/four-bedroom, detached property includes rear access to the stunning Farthing Downs, part of the South London Downs National Nature Reserve.

The interior features a lounge, dining room, study/bedroom four, kitchen, three bedrooms on the first floor, bathroom and separate W.C.

In addition, there is a lean to and an outbuilding, while other benefits include off-street parking to the front.

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.

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 Coulsdon CofE Primary School, Keston Primary School, Oasis Academy Coulsdon (Primary and Secondary), Woodcote High School and Coulsdon Sixth Form College.

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.

The Farthing Downs itself is a site of special scientific interest and a scheduled monument. Below is a link to some trails which can be enjoyed.


We have been informed of the following by the Vendor:
Council Tax: Band E

Porch
The porch includes single-glazed leaded-light effect windows.

Entrance Hall
The entrance hall includes opaque single-glazed window to porch, radiator, stairs ascending to first-floor, cupboard under-stairs housing gas & electric meters, picture rail and smoke alarm.

Dining Room
The dining room includes four-casement double-glazed leaded-light effect feature bay window, log burner with granite hearth and oak mantle-shelf, radiator, wooden flooring and air conditioning unit with heating & cooling settings.

Study/Bedroom Four
The study/bedroom four is dual-aspect and includes three-casement double-glazed leaded-light effect window, vanity unit incorporating wash-hand basin and frosted-effect double-glazed window.

Lounge
The lounge is dual-aspect and includes double-glazed glass-panel double doors to rear garden, radiator, serving hatch to kitchen, air conditioning unit with heating & cooling settings, log burner with granite hearth & limestone surround, single-glazed stained-glass-effect window with secondary glazing and two ceiling roses.

Kitchen
The kitchen is dual-aspect and includes wall & base level units with work surface area & under-cabinet lighting, one & a half bowl sink with drainer, single-casement single-glazed window, two-casement double-glazed window, double-glazed window, wall-mounted Worcester boiler, space for dish-washer, space for washing machine, partially-tiled walls, space for free-standing four-ring cooker, stainless-steel extractor hood, radiator, pantry and double-glazed glass-panel door leading to lean to.

Landing
The landing includes two-casement double-glazed opaque window, radiator, picture rail and loft hatch.

Master Bedroom
The master bedroom includes four-casement double-glazed leaded-light effect feature bay window, radiator, picture rail and air conditioning system with heating & cooling settings.

Bedroom Two
Bedroom two includes four-casement double-glazed window, radiator, vanity unit incorporating wash-hand basin, partially-tiled walls, picture rail and air conditioning unit with heating & cooling settings.

Passage
W.C
The W.C includes low-level W.C, single-casement single-glazed window, partially-tiled walls and wash-hand basin.

Bathroom
The bathroom is dual-aspect and includes two-casement double-glazed opaque window, single-casement double-glazed opaque window, bidet, radiator, partially-tiled walls, panel-enclosed bath with thermostatic shower, pedestal wash-hand basin and cupboard housing hot water cylinder.

Bedroom Three
Bedroom three includes two-casement double-glazed leaded-light effect window, radiator and picture rail.

Lean To
The lean to includes power and leads to rear garden.

Outbuilding
The outbuilding is dual-aspect and includes lighting, power, single-glazed window with secondary-glazing, single-glazed window and sink.

Rear Garden
The rear garden is mostly laid to lawn and benefits from a woodland area at the rear as well as access to the Farthing Downs. Features include side access, two tool-sheds, lean-to store, timber shed, water tap and a range of plants, trees, shrubs and hedges.

Front Garden
The front garden is partially laid to lawn and features off-street parking.



Features
  • Freehold

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

£ 538950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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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
    £ 16250
  • 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

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£

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

£ 51450
  • Mortgage Interest
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    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)
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  • Letting Fee
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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