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£1,100,000 Offers in excess of
Bedrooms
A Charming and Spacious Detached Residence on a Bold Corner Plot.
Set on an enviable corner plot, this attractive detached home boasts timeless kerb appeal with its elegant mock Tudor faade and characterful leaded light windows. The property is approached via gated access leading to a detached garage and generous, secure off-street parking for approximately 3/4 vehicles. Offering excellent potential to extend (subject to the usual consents), this is a home that can grow with your aspirations.
Inside, the property blends classic charm with contemporary comfort. Two impressive reception rooms feature herringbone wood flooring and beautiful period-style fireplaces, creating warm and inviting spaces for entertaining or relaxation. At the heart of the home is a large, modern kitchen/breakfast room, perfect for family gatherings; complemented by a separate utility room and a convenient ground floor cloakroom.
Upstairs, you'll find four well-proportioned double bedrooms and three luxuriously appointed bathrooms, offering ample space for family and guests alike.
Externally, the generous wraparound gardens enjoy a desirable southerly aspect, with well-maintained lawns, patio areas, and a charming pergola ideal for outdoor dining and relaxation. The garden also provides secure gated access to the ample parking area, completing this exceptional offering.
Whitgift Avenue is located off Nottingham Road and adjoins with Pampisford Road. Central Croydon, Purley Town Centre and the Purley Way are all easily accessible providing facilities to include shopping, leisure and entertainment. Within minutes walk is the highly regarded Whitgift Boys School renown for their all round academic and sporting achievements. South Croydon Station is approximately 10 minutes walk away for access into Central London, Clapham and many other networks including tube lines.
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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