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£755,000 Offers over
Bedrooms
Bathrooms
Nestled on Coulsdon Road, this impressive detached house presents a wonderful opportunity for those seeking a spacious family home. Boasting five bedrooms (the main bedroom and third bedroom links via an outdoor balcony) and four versatile reception rooms, this property offers ample space for both relaxation and entertainment.
While the house does require some updating, it serves as a blank canvas, inviting DIY enthusiasts to unleash their creativity and transform it into their dream home. The flexible living accommodation allows for various configurations, making it suitable for a growing family or those who enjoy hosting guests.
The property features a convenient driveway and an integral garage, providing ample parking and storage options. The level garden is perfect for outdoor activities, gardening, or simply enjoying the fresh air.
Located within easy reach of local schools and shops, this home is ideally situated for families looking to settle in a friendly community. An internal viewing is highly recommended to fully appreciate the potential this property holds. Do not hesitate to arrange a visit and explore the possibilities that await you in this charming Coulsdon residence.
Entrance Hall -
Living Room -
Family Room -
Dining Room -
Kitchen -
Breakfast Area -
W.C -
Additional Reception Room -
Workshop -
Stairs To First Floor Landing -
Bedroom -
Door To Balcony -
Bedroom -
Bedroom -
Door To Balcony -
Bedroom -
Bedroom -
Bathroom -
W.C -
Shower Room -
Garage -
Driveway -
Rear Garden -
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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