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£835,000 Offers in excess of
Bedrooms
Bathrooms
Spacious and Exceptionally Presented Four-Bedroom Detached Family Home
Frost are delighted to offer this stunning four-bedroom detached family home, offering approximately 1,718 sq/ft of bright, well-proportioned living space. This exceptional property blends modern living with timeless charm, featuring many original details that contribute to its unique character. Ideal for family life, the home is conveniently located near a variety of local shopping and transport amenities, ensuring both comfort and convenience.
The accommodation briefly comprises of; spacious entrance hall, guest w/c, dual aspect reception room with feature fireplace and bi-folding doors leading to private rear garden, play room/dining room and elegant large 19 kitchen/breakfast room. On the first floor there is a generous master bedroom with fitted wardrobes and en-suite shower room, three further double bedrooms and a family bathroom with separate shower cubical. A further benefit to the property is the off street parking at rear of the garden, accessed via Smitham Downs Road.
TRANSPORT AND LOCATION: Reedham Station is just a short walk away, Purley mainline station is also close at hand, you can take your pick from Victoria, Kings Cross, St Pancras or London Bridge as direct destinations. Alternatively, Gatwick Airport is just 26 minutes in the other direction. Road links are excellent too, with the A23 a matter of minutes away, providing fast, easy access to London, the South Coast and the M25. There are a number of excellent schools within close proximity including the very popular St. Davids, Wallington Girls, Wilsons, Whitgift, John Fisher, Margaret Roper and Thomas Moore to name just a few.If youre feeling a little more active there are a number of local health and leisure clubs to choose from, whilst excellent golf courses, recreation grounds and other open spaces are all close by including the wide open spaces of Riddlesdown Common, Kenley Common and the recreational facilities of Kenley Airfield. In Purley town centre there is a range of independent shops and Tesco Extra with late night shopping available, a little further afield is the Purley Way which offers a large selection of superstore outlets, major shopping department stores, from Ikea, M&S, Pets At Home, Currys PC World, Sainsburys, TK Maxx, Next and Wing Yip plus many more, along with the wide choice of entertainment options. Not far from the property you also have Coulsdon town centre, offering the smaller boutique retailers, along with a large Waitrose and Aldi.
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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