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£1,400,000
Bedrooms
CHAIN FREE - Located within a favoured residential road and offering particularly impressive accommodation of around 3500 sq ft is this superb and most attractive six bedroom detached family home standing in a lovely wide plot with in / out driveway. The property has been the subject of a considerable and substantial refurbishment programme by the current owners and boasts a truly beautiful interior comprising a lovely welcoming entrance hall with prominent wooden flooring and a turning staircase to the first floor with ornate balustrade, impressive triple aspect sitting room featuring an attractive fireplace, french doors leading out into the garden and door to a lovely ' snug ' style room with log burner and access to the hall and kitchen. The accommodation continues to flow and impress with a further good size reception room, rear hall with excellent storage, door to integral garage, luxury ground floor shower room with wc, large utility room and without doubt one of the main selling features of this wonderful family home is an outstanding and incredibly spacious fitted kitchen / diner / family room which boasts an impressive modern kitchen area with integrated appliances and breakfast bar along with a great entertaining area with space for table and chairs as well as a lounge area, the entire room enjoying huge amounts of daylight from the sliding patio doors on two sides and skylights.
This house simply continues to surprise you on the first floor with the vast amount of accommodation and features a beautiful principal suite with a modern en suite shower room, TWO FUTHER BEDROOM SUITES with modern shower rooms, three additional double bedrooms and a modern family bathroom. The spacious landing also has useful storage cupboards.
The property is complimented externally by a good size westerly facing level garden with patio extending the width of property and a generous adjoining lawn with mature bushes and trees whilst to the front is an in / out drive.
In summary this is an incredibly impressive family home offering outstanding accommodation and located in a sought after residential road.
Arkwright Road is a tree lined road being one of Sandersteads most prestigious addresses. This lovely home is positioned on a great sized plot within walking distance of Sanderstead & Purley Oaks Stations. The 403 & 412 bus routes being close by provide a frequent service into Croydon and East Croydon Station. The area is hugely popular with families looking for reputable schools both private and state to include Croydon High, Whitgift & Royal Russell. Local shops at Elmfield Way are within walking distance which include a convenience store, post office, dry cleaners and hairdressers.
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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