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£1,250,000 Guide Price
Bedrooms
Bathrooms
'OVER 3100 sq ft' A great opportunity to own this impressive seven bedroom semi detached home offering spacious and versatile accommodation across three floors, featuring seven bedrooms, three reception rooms, a kitchen/diner, utility room and six bathrooms with further WC/cloakrooms. This unique property offers the perfect opportunity for someone to tailor the space to their needs and must be viewed to appreciate the size and space it has to offer.
The property is ideally situated for those looking to be close to local excellent schools with St Davids, Laleham Lea, John Fisher, Cumnor House, Thomas Moore and Margaret Roper Primary School all within easy travelling distance. There are also excellent transport links, with local bus routes nearby and Purley mainline train station giving easy access to London and Gatwick. Purley High Street is only a short walk away, with a wide range of shops, cafes and supermarkets available.
Accommodation - Double glazed entrance porch, front door into
Entrance Hall
Radiator, wood flooring, door leading to cellar, door providing side access.
Cellar
With tiled flooring and use for storage space.
Living Room
Radiator, wood flooring, double glazed windows and French doors leading out to conservatory
Conservatory
Double glazed conservatory with wood laminate flooring and door leading out to garden
Kitchen Diining Room
Range of fitted kitchen units and drawers with laminate worksurface, inset stainless steel sink with chrome mixer tap, integrated gas hob and extractor hood above, integrated oven, grill and microwave, space for American fridge freezer, integrated dishwasher, radiator, corner wash handbasin, tiled splashback, tiled flooring, double glazed windows to side and rear aspect, door leading to utility room.
Utility Room/Kitchenette
Range of fitted units with worksurface, inset stainless steel 1 1/2 bowl sink with chrome mixer tap, space and plumbing for washing machine, tiled splashback, tiled flooring, integrated electric hob, space for dryer and fridge, freezer, cupboard housing heating system, door providing side access, wall mounted electric heater, double glazed door to rear garden, double glazed windows to side and rear aspect.
Family Room (currently used as a bedroom)
Radiator, wood flooring, double glazed bay window to front aspect, door into
Wet Room
Wash handbasin with chrome taps, WC, thermostatic shower, tiled walls and flooring, extractor fan.
Shower Room
With walk-in shower, wash handbasin with chrome tap, heated chrome towel rail, tiled walls and flooring, extractor fan
Downstairs WC
Study/Downstairs Bedroom
Radiator, fitted carpet, double glazed window to front aspect,door into
En-suite Shower Room
Vanity wash handbasin with chrome mixer tap and storage below, WC, shower cubicle, extractor fan, tiled walls and flooring
Stairs to 1st floor hallway
Radiator, fitted carpet
Bedroom One
Radiator, fitted carpet, double glazed window to front aspect, door into en-suite WC.
En-suite WC
Wash handbasin with chrome mixer tap, WC, built-in cupboard, double glazed obscure window to rear aspect, tiled flooring
Bathroom
Panel enclosed bath with shower screen, chrome mixer tap and shower head attachment, wall mounted vanity wash handbasin with chrome mixer tap, WC, double glazed obscure window to side aspect, extractor fan, tiled walls and flooring
Bedroom Two
Radiator, fitted carpet, double glazed window and door leading out to balcony
En-suite Shower Room
Corner shower cubicle with sliding doors, thermostatic shower, pedestal wash handbasin with chrome mixer tap, WC, extractor fan, tiled walls and flooring
Bedroom Three
Radiator, built-in cupboards, fitted carpet, double glazed window to rear aspect, door into en-suite WC
En-suite WC
Wash handbasin with chrome mixer tap, WC, extractor fan and tiled flooring
Bedroom Four
Radiator, fitted carpet, wash handbasin with chrome taps, double glazed window to front aspect
Bedroom Five (currently used as a lounge)
Radiator, wood flooring, double glazed bay window to front aspect
Stairs to 2nd floor landing
Rdiator, eaves storage cupboard, Velux window
Bedroom Six
Radiators, double glazed windows to front and rear aspect, built-in storage cupboard, wash handbasin with worksurface, door into
En-suite Shower Room
Shower cubicle with electric shower, WC, vanity wash handbasin with chrome mixer tap and storage below, tiled walls and flooring, extractor fan, window to side aspect
Outside
To the front
Paved driveway providing off-street parking for up to 3 vehicles
Rear Garden
Large garden with decking area, steps down to large lawn section, rear patio area, detached summer house with double glazing, shed.
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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