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£250,000
Bedrooms
Bathrooms
Introducing this stunning second floor flat located in the highly sought-after area of East Croydon. As you enter, you are greeted by a spacious entrance hall, a large double bedroom and the tiled bathroom. The added combination of the seperate kitchen and a large reception room provides the opportunity for a buyer to convert this property into a two bedroom flat, adding appeal and value when finished.
The property is in good condition throughout and offers plenty of storage space, making it ideal for those looking for a comfortable and well-maintained home. In addition, the property boasts a garage and non-allocated parking - perfect for those with vehicles.
Located on Canning Road, this property is within walking distance of East Croydon station, providing easy access to London and beyond. Nearby, youll find a host of local shops, amenities, and green spaces, offering a convenient and vibrant lifestyle.
Dont miss the opportunity to view this fantastic property - contact us today to arrange a viewing and see for yourself the potential this home has to offer. This second floor flat could be the perfect place for you to call your own.
Mobile coverage
EE: Green
Vodafone: Green
Three: Green
O2: Green
Predicted Broadband Speeds:
Basic: 12 Mbps
Superfast: 80 Mbps
Ultrafast: 1000 Mbps
Satellite / Fibre TV Availability to include BT, Sky & Virgin.
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
Quick Property Sale Croydon
South Croydon Estate Agent
South 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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