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£1,450,000
Bedrooms
Bathrooms
We are excited to present this exceptionally spacious and beautifully presented six-bedroom detached home, offering modern, light-filled accommodation spread across three floors. The property features a large and contemporary open-plan kitchen/diner/family room, 3 reception rooms, and utility room, making it ideal for family living. The ground floor includes a spacious entrance hall, lounge with a fireplace and bay window to front aspect, separate dining room, and an entertainment/games room with bi-folding doors leading to the rear garden. The well-fitted kitchen/breakfast room is enhanced by an additional family area, providing the perfect space for both cooking and relaxing, along with fabulous space for entertaining. The ground floor also benefits from a convenient cloakroom.
On the first floor, you will find 4 generously sized bedrooms, two of which have en-suite facilities as well as a good sized study/bedroom 7. The top floor are a further two further bedrooms and a separate shower room. Externally, the property boasts a very large, level rear garden that is immaculately maintained, mainly laid to lawn, featuring a summer house and large recently re-laid patio area. To the front, there is a large carriage driveway providing ample off-street parking, along with access to an integral garage and side access leading to the rear garden.
Situated on Arkwright Road, one of Sanderstead's most sought-after and prestigious addresses, this charming family home occupies a substantial plot, providing both space and privacy. The location offers the perfect balance of a quiet, residential area with convenient access to transport links. Within walking distance, you will find Sanderstead and Purley Oaks stations, providing quick and easy access to central London and beyond. The 403 and 412 bus routes are also close by, offering regular services into Croydon and East Croydon Station, further enhancing the convenience of the location.
The area is particularly popular with families due to its proximity to an excellent selection of reputable schools, both private and state. Croydon High, Whitgift, and Royal Russell are just a few examples of the highly regarded educational institutions in the vicinity, making it an ideal location for those seeking top-tier schooling options. Additionally, the surrounding area offers a range of local amenities. Elmfield Way, just a short walk from the property, features a convenience store, post office, dry cleaners, and hairdressers, providing all the essentials you need for daily life. The neighborhood also benefits from a number of nearby parks and open spaces, offering the perfect environment for family life and outdoor activities.
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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