4 bedroom detached for sale

£1,050,000 Offers in excess of

4

Bedrooms

2

Bathrooms

Floorplan

Situated in a sought after tree lined road within reach of many outstanding schools, Watson Homes are delighted to offer this superb four bedroom detached family home. The property offers a wealth of accommodation including a spacious open plan lounge/diner, a modern kitchen, a utility room, a downstairs WC, a luxury en-suite shower room, a stunning rear garden and ample off street parking.

The property is enviably located within walking distance (approx. 1.25m) of Purley station and the centre of Purley with its array of shops, bars, cafes and restaurants, as well as supermarkets and amenities. Numerous regular bus routes also provide convenient connections, and the area is well served by excellent local schools including Cumnor House, John Fisher, Wilsons Grammar School and Wallington High School for Girls.

Accommodation - Sheltered entrance
Obscure part double glazed front door to

Spacious entrance hall
Solid oak flooring, single panel radiator, coved ceiling, wall mounted thermostat, large under stairs storage cupboard.

Study
Large UPVC double glazed bay window to front aspect, solid oak flooring, double panel radiator, coved ceiling.

Lounge/diner
2 UPVC double glazed windows to front aspect, 2 double panel radiators, solid oak flooring, coved ceiling, gas fireplace with solid surround, UPVC double glazed sliding door to rear aspect, archway to

Dining area
UPVC double glazed sliding door to rear aspect, double panel radiator, solid oak flooring, coved ceiling.

Kitchen/breakfast room
Luxury range of fitted wall units with matching cupboards and drawers below, bespoke corian worktops with inlaid sink and chrome mixer tap with water softener, inset gas hob with oven/grill below and extractor fan above, integrated dishwasher, tiled flooring, breakfast bar area, heated chrome towel rail, UPVC double glazed window to rear aspect.

Utility room
Storage cupboards with granite effect worktop and inlaid stainless steel sink with chrome mixer tap, space for tall standing fridge freezer, space and plumbing for washing machine/tumble dryer, wall mounted boiler, tiled flooring, access to garage, UPVC double glazed window to side and door to garden.

Downstairs WC
Consisting of low-level pushbutton flush WC, wash hand basin with chrome mixer tap, modern radiator, tiled flooring.

Stairs to 1st floor landing
UPVC double glazed window to front aspect, double panel radiator, loft access, large storage cupboard.

Master bedroom
2 UPVC double glazed windows to front aspect and window to rear, two double panel radiators, built-in wardrobes.

Luxury en-suite shower room
Consisting of tiled cubicle with thermostatic shower and hand attachment with glass screen at side, wash hand basin with chrome mixer tap, low-level pushbutton flush WC, tiled flooring, part tiled walls, extractor fan, obscure UPVC double glazed window to rear aspect.

Bedroom 2
2 UPVC double glazed windows to rear aspect, double panel radiator, built-in wardrobe.

Bedroom 3
2 UPVC double glazed windows to front aspect, double panel radiator, built-in wardrobe.

Bedroom 4
UPVC double glazed window to rear aspect, single panel radiator.

Bathroom
Comprising panel enclosed bath with chrome mixer tap and thermostatic shower with hand attachment, feature wash and basin with chrome mixer tap, low-level pushbutton flush WC, heated chrome towel rail, part tiled flooring, part tiled walls, obscure UPVC double glazed window to front aspect, extractor fan.

Rear garden - Approximately 140 FT
Mainly laid to lawn with mature shrubs and flowerbeds bordering, paved patio area leading to side, side access, fence enclosed, outside tap, access to garage.

Garage at side
Up/over door at front.

Front
Hardstanding, providing off street parking for several cars with lawn and shrubs at side with hedge border.


BUYERS INFORMATION
Under UK law, estate agents are legally required to conduct Anti-Money Laundering (AML) checks on buyers and sellers to comply with regulations. These checks are mandatory, and estate agents can face penalties if they fail to perform them. We use the services of a third party to help conduct these checks thoroughly. As such there is a charge of 36 including vat, per person. Please note, we are unable to issue a memorandum of sale until these checks are complete

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

£ 862700

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
    £ 26250
  • 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

£ 75200
  • 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

£

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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