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£1,895,000 Guide Price
Bedrooms
Bathrooms
Situated adjacent to the leafy green spaces of Foxes Wood and with views over The Addington Palace Golf Club opposite, a handsome, double fronted, detached house of quality, surrounded by secluded and mature gardens. With charming and characterful external elevations of painted render under a pitched tiled roof with attractive multi pane windows and external window shutters, the house is believed to date from the 1920s. Approached by an impressive porticoed entrance and a handsome oak front door with coloured glass inserts, the property underwent a programme of sympathetic restoration and refurbishment approximately 10 years ago, mindful to retain as many period features as possible whilst at the same time enhancing the accommodation with a stylish decorative scheme. Ceilings are tall with intricate coving and ceiling roses in the primary reception areas, windows are grand, some of which are floor to ceiling bays, there is stained glass detailing within some internal windows and doors, polished oak floors on the ground floor and an elegant, easy rising oak staircase leads up to the first floor. Extending to approximately 4350 square feet (including the garage/games room), the accommodation is laid out over three floors with gracious reception rooms and less formal areas, ideal for family living and entertaining alike. The lovely main sitting room is perfectly proportioned with an arched detail over the fireplace, where there are also two built in seats, while the elegant dining room has a fireplace with a wood burning stove. The kitchen/breakfast room charmingly also has a wood burning stove and is comprehensively furnished with hand painted wall and floor cabinetry including a central island and has granite work surfaces and integrated appliances including a dual gas and induction hob along with ovens by Neff. The utility room adjoins the garage, which is a multi-functioning space as it retains its roll up door, is decorated, and has a tiled floor so that it can be used as a games room or another family living room. Elsewhere on the ground floor is a family room, study, shower room and utility room.
Arranged over the upper two levels are six bedrooms, supported by four bath/shower rooms, three of which are en-suite. The magnificent principal bedroom suite has a fabulous fully fitted dressing room and a marvellous en-suite bathroom. There are two further first floor bedrooms with the remaining three on the second level.
Outside
The house sits well within its plot of 1.22 acres and is surrounded by secluded and mature, landscaped gardens. To the front, the perimeter is an imposing wall of Portuguese granite, fronted on the roadside by timber fencing, with a sliding electric gate opening to reveal a wide drive with ample space for several vehicles. A home office/gym has a side room where there is plumbing laid on to install a cloak/shower room if required. The gardens have lovely herbaceous borders, tall indigenous and specimen trees including a variety of fruit trees, colourful shrubs and sweeping lawns. Traversing the rear of the house is terracing and a fully fitted outdoor kitchen with electric retractable shutters, Napoleon gas bbq/grill and integrated fridge. There is also a full-sized tennis court, which requires some attention, an enclosed kitchen garden with raised beds and a greenhouse, a summerhouse and a pond with charming wooden bridge.
Situation
Shirley Church Road is situated in a green and leafy area surrounded by parks and open spaces, including Addington Golf Course and Lloyd Park. Croydon has excellent shopping facilities including The Whitgift Centre and superstore shopping on the Purley Way. Local schools nearby include nearby Trinity School, Park Hill, Royal Russell, Croydon High, Whitgift, Coloma Girls and Shirley High. There are many leisure pursuits available locally including golf at Shirley Park and The Addington golf clubs very close by, walking at Addington Hills and Croham Hurst Woods and swimming and other sports at Trinity Sports Club.
TRAIN SERVICES: East Croydon station is 2.8 miles distant and has direct services to London Victoria and London Bridge. Sandilands tram stop is 1.9 miles away and has a regular 16-minute service to London Bridge, London Victoria and Gatwick Airport
Additional Information
Services: All mains services
Local Authority: London Borough of Croydon
Council Tax: H
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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