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£850,000
Bedrooms
Bathrooms
This beautifully presented, chain-free, semi-detached property on Selwood Road in Addiscombe is a true gem. Stepping inside, you are greeted by a large entrance hall leading to a front reception room and a rear reception room with an additional sunroom that opens up to a wonderful garden. The downstairs features a WC and bathroom, along with a spacious kitchen that has direct access to the garage. Additionally, downstairs is real wood flooring as well as wooden shutters throughout the property, adding to the quality of work throughout.
Upstairs, there are three double bedrooms, a larger than average single bedroom, and a modern bathroom. The large, boarded loft provides ample storage space and the potential for a loft extension (STPP).
Located on a picturesque tree-lined road, this property is situated in the heart of Addiscombe near excellent schools such as Trinity and Coloma. Addiscombe tram stop, with frequent services to East Croydon, is conveniently close by, as well as shops and amenities for everyday convenience.
The front external of the property boasts a driveway for parking, with the rear of the house compromising of a large, mature garden with a patio area and an outdoor office space, perfect for enjoying the peaceful surroundings. The property is in excellent condition throughout, making it ready for you to move in and start enjoying all it has to offer.
This is a fantastic opportunity to own a spacious and well-maintained family home in a desirable location. Dont miss the chance to view this property - schedule a viewing today!
Predicted Broadband Speeds:
Basic: 17 Mbps
Superfast: 80 Mbps
Ultrafast: 1000 Mbps
Satellite / Fibre TV Availability to include BT, Sky & Virgin.
Plot size: 0.11 acres
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.
Croydon Estate Agent
Croydon Letting Agent
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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