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£2,700,000 Guide Price
Bedrooms
Bathrooms
Within a prestigious, private gated estate and set back behind a carriage drive with two pairs of tall, electric gates, an attractive, detached house of quality, beautifully maintained and styled to an exceptional standard. The fine exteriors are of mellow brick with white painted weather boarding to the first floor and a tile hung central elevation, under a pitched tiled roofline. Windows and French doors are large, multi-pane double glazed casements, which allow for an abundance of natural light to flood through the property as well as views of the lovely gardens. Extending to in excess of 4,800 square feet excluding garaging, the property has been immaculately maintained by the present owner and includes bright, free-flowing reception areas and large bedroom suites, whilst the magnificent orangery is a wonderful addition. The ground floor is a mix of versatility and grandeur, with three reception rooms to the rear of the house offering views across the splendid gardens. The property is entered via a stunning wonderfully light hallway with a central staircase that leads to a galleried landing. The generously proportioned drawing room has dual aspect, floor to ceiling windows which open to the rear patio creating an exquisite space for formal entertaining, adjacent is the dining room that is equally bright and sumptuous. The highlight of the ground floor is the impressive 39 ft orangery that allows for a more informal dining space leading to a glass roofed family room creating a stunning area for day to day living with the added benefit of a media room accessed via stairs from the orangery. The kitchen is a bespoke Mark Wilson design, well equipped with integrated appliances, stone counter tops and cream wood cabinetry with an adjacent laundry room. The ground floor is complete with a separate study, cloakroom and a guest W.C.
Five generous bedrooms are arranged over the first floor with the magnificent principal suite including a walk-in wardrobe, further built in storage and en-suite shower and bath. The second bedroom boasts access to a balcony and a third guest bedroom offers en-suite facilities whilst the further two rooms are served by a separate family bathroom.
Outside
The property is approached by a gated carriage drive leading to beautiful, landscaped grounds of just under an acre offering a high degree of privacy from mature trees and shrubbery. The sweeping block paving driveway leads to the attached double garage with parking for multiple cars. There is an extensive patio that surrounds the rear of the house with a wonderful covered entertaining space overlooking the lawn. To the side of the property is the swimming pool with a changing room/summer house.
Situation
Pine Coombe is a private road set within the prestigious Shirley Hills, surrounded by pine woodland, this location is perfectly situated for access to an excellent selection of state and private schools at both primary and secondary levels including Whitgift, Trinity, Royal Russell, Coloma and Croydon High and close to various golf courses such as The Addington Golf Club and Addington Palace. Convenient too for commuting and for Gatwick Airport, the tram line connects nearby at Coombe Lane to East Croydon main line rail station, which in turn has fast rail connections into London Victoria and Gatwick Airport.
Property Ref Number:
HAM-59021Your 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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