4 bedroom semi-detached for sale

£650,000

4

Bedrooms

1

Bathrooms

Floorplan

Located in the sought-after area of Addiscombe, this chain free semi-detached family home is the perfect opportunity for those seeking a project to create their dream property. In need of modernisation, this spacious home offers endless potential for renovation and extension, subject to obtaining the necessary planning permissions.

Upon entering, you are greeted by a larger than average entrance hall leading into a spacious front reception room, rear dining room, breakfast room, and fitted kitchen. The ground floor also boasts a convenient downstairs WC. Upstairs, you will find three double bedrooms, a most spacious single bedroom, a first-floor shower room, and a separate WC.

Outside, this property impresses with off-street parking, a garage to the side, and a large rear garden offering scope for further extension (subject to planning permission). Perfect for families, the property sits within easy reach of well-regarded schools including Trinity and Coloma.

Conveniently located close to various shops and amenities, excellent transport links, and nearby outside spaces such as Addiscombe Recreation Ground and Lloyd Park, this property offers the perfect balance of convenience and tranquility.

Dont miss out on this fantastic opportunity - book your viewing with Cray & Norton today to truly appreciate the potential this property has to offer.


Predicted Broadband Speeds

Basic: 17 Mbps
Superfast: 45 Mbps
Ultrafast: 1000 Mbps

Satellite / Fibre TV Availability to include BT, Sky & Virgin

EE: Green
Vodaphone: Amber
Three: Amber
O2: Amber

Cray & Norton Estate Agents, their clients and any joint agents give Notice that they have no authority to make or give any representations on warranties in relation to the property. Any statements on which a purchaser wishes to rely must be checked through their solicitor or conveyancers. These Particulars do not form part of any offer or contract and must not be relied upon as statements or representation of fact. Any areas, measurements, dimensions are approximate and must be independently verified. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has necessary Planning, Building Regulation or other Consents. We have not tested any appliances, services, facilities or equipment and Purchasers must satisfy themselves as to their adequacy and condition. We have not investigated Title, or the existence of any Covenants or other legal matters which may affect the property.

The Borough of Croydons Best Estate Agent'
Croydon Estate Agent
Croydon Letting Agent
The Best Estate Agent in Croydon'

'Data from Rightmove show that Cray & Norton took on more Sales Instruction and Sold (subject to contract) more properties than any other agent in the Borough of Croydon for the month of July 2025



Features
  • Freehold

Map location is not available for this property.

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

£

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
    £ 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

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

£ 51450
  • 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

Adjust these figures

  %

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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