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£1,750,000 Guide Price
Bedrooms
Bathrooms
Set in a sought-after location within walking distance of the open spaces of Lloyd Park and conveniently located for the amenities of South Croydon is this handsome double fronted Edwardian house. Boasting the features of the era such as generously proportioned rooms and high ceilings the advantages of the architectural style remain in demand as much today as they ever have been. Approached via a block paved driveway to a covered entrance porch the accommodation is laid out across three floors and extends to an approximate total of 4310 square feet. Adding to the original footprint, the property has been extended to the rear to add a wonderful kitchen and entertaining space, updated throughout to accommodate modern requirements whilst retaining the grandeur of the original build. The result offers a bright, spacious family home with a degree of flexibility in its layout to appeal to modern family living.
Ceilings are high with coving and picture rails in keeping with the era, there are numerous feature fireplaces throughout and herringbone wood floors in the hall and sitting room. The addition of the extension to the rear has added a stunning modern kitchen that incorporates a further living space or alternatively a wonderfully light dining area. There are built in appliances including a double oven, sleek worksurfaces throughout surrounding a central island that can be utilised as a breakfast bar, a generous pantry plus an attached breakfast/utility room leading to the laundry area.
The front reception rooms are elegant and light both offering bay windows and fireplaces whilst the rear drawing room is ideal for further entertaining with the inclusion of a bar and seating area. A handsome wood railed staircase leads to the first floor where there are four well-proportioned double bedrooms each with ensuite facilities plus a further family bathroom. The second floor has three further bedrooms, one complete with a kitchenette along with a separate shower room and a pleasant roof terrace is accessed from the midpoint of the staircase.
Outside
The garden to the rear is a mature and well stocked offering excellent privacy and allowing scope for remodelling if preferred. The garden is well stocked with a mix of perennial plants, bushes and borders coupled with a generous area of lawn that leads to a separate garage at the rear. Adjoining the house is a pleasant patio that is ideal for entertaining and can be accessed via the kitchen or the bar/snug. To the front is
a brick paved driveway that provides off street parking for multiple cars plus a pedestrian path leading to side access to the rear.
Situation
Croham Park Avenue is a tree lined, residential road adorned with substantial houses serving as a gateway to Lloyd Park. Situated just under a mile from South Croydon station and offering convenient access to the tram, the location provides excellent transport links and fast connections to central Croydon and main line rail services. There is a choice of popular and well thought of schools in the area, both primary and secondary in the state and private sector, including Croydon High, Trinity School, Royal Russell, Whitgift and Coombe Wood. Lloyd Park and Croham Hurst Woods offer many opportunities for leisurely walks and recreation. Additionally golf can be enjoyed at the nearby Croham Hurst Gold Club.
Property Ref Number:
HAM-56031Your 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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