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£1,100,000 Guide Price
Bedrooms
Bathrooms
Situated in an enviable location set back from Sanderstead Road, this period property was the vicarage for St Marys Church. Positioned just a stones throw from Sanderstead Station, the house is full of grandeur in over 2700 Sq Ft of internal space.
The property is accessed via the rear. Upon entering, to your left you have a large boot room and to the right a downstairs WC. Leading through to the bright hallway, you have a study to the rear, an impressive double aspect 30ft open plan reception room / dining area with a reading nook within the bay window, original wood flooring and a lovely log burner in the lounge area making for a perfect cosy seating area. To the far side of the house, you are presented with a pantry room, and a kitchen / breakfast room. This is ideal for family meals and comes with a gas range cooker. Tiled flooring throughout this room leads to a utility area offering integral access to the double garage.
Upstairs are four substantial bedrooms and two large bathrooms. Furthermore, the loft space is extremely generous and is accessed via a permanent staircase resulting in a very useful extra area. Potential to convert STPP.
Outside
The property is approached via a gate leading to a long private wrap around driveway. A well maintained front garden is well stocked with seasonal and perennial flora offering a bright and colourful approach. The driveway offers parking for multiple cars which leads to a large double garage with electric up and over doors.
To the rear, the south west facing garden is slightly elevated with steps leading to a beautifully presented garden completely enclosed offering peace & privacy.
Situation
The location is sought after and convenient for a good selection of schools, transport links into London and easy access to M25. The area is well served with excellent schools, including Ridgeway Primary School & Nursery, Riddlesdown Collegiate, Cumnor House, St Davids and Whitgift. Recreational pursuits include open spaces of Purley Oaks and Croham Hurst Woods, Riddlesdown Common and an array of golf clubs all within easy reach. The open countryside of Surrey and Kent is approx 15 minute drive away. You are within easy access to local shops in Sanderstead and Purley including a large Waitrose and Tesco. Croydon town centre offers The Whitgift Centre & Centrale shopping facilities and East Croydon station. Sanderstead Train Station is approx 0.3 miles away, and Purley Oaks just 0.6 miles away. The M25/M23 is within approximately fifteen minutes drive giving easy access to Gatwick airport.
Property Ref Number:
HAM-58027Your 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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