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£1,300,000 Offers in excess of
Bedrooms
Hubbard Torlot are delighted to bring to the market this most appealing 6 bedroom detached family residence which is understood to have been the first property property built in this particularly sought after road and is set within substantial, secluded and mature gardens approaching half an acre.
This splendid family home of generous proportions boasts a truly appealing interior throughout and comprises a lovely welcoming entrance hall, spacious kitchen / breakfast room with access to cloakroom, utility room and opens out into a delightful dining room which enjoys an abundance of natural light from the French doors that lead out onto a decked area overlooking the garden. The accommodation continues to impress with a super dual aspect lounge with fireplace and doors leading out to the rear decked area and completing the ground floor is a useful study / home office.
On the first floor are 6 bedrooms along with a family bathroom, separate wc and stairs up to a generous size loft.
Complimenting this lovely family home as mentioned prior is the large lawned garden which enjoys a high degree of privacy from mature tress and bushes to the boundaries along with a wide decked area running across the width of the house. The property is approached from a long driveway to the side offering access to a detached double garage, generous parking area and entrance to the home.
NB: The family are selling this property along with next door offering potential to buy both which then would offer an incredibly large plot of land !
Council Tax Band G
Adding to the appeal of this lovely family home are the superb local and surrounding amenities on offer including Sanderstead and Purley Oaks train stations providing an excellent service up to London on separate lines, frequent 403 bus service offering access into Croydon and Sanderstead Village where you will find Gresham Primary School, Waitrose, Costa, Filtr coffee shop and the lovely recreation ground. The area is well served by a further choice of excellent state and private schools for all ages including Atwood, Riddlesdown Collegiate, Whitgift, Trinity and Royal Russell. The M25 junction 6 can be located at Godstone and links Gatwick / Heathrow airports, south coast and Bluewater shopping centre.
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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