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£1,625,000
Bedrooms
An Elegant Edwardian Residence of Exceptional Character and Charm
Built circa 1906, this superbly presented period home effortlessly combines timeless elegance with modern refinement, offering a wealth of original features and beautifully proportioned living spaces throughout.
Approached via a sweeping carriage driveway, the property is set within generous south-facing gardens that are meticulously maintained and include a delightful patio area, ideal for entertaining or peaceful relaxation.
Internally, the accommodation is arranged over three floors, including a cellar and showcases a host of fine period details. The ground floor is graced by a huge and imposing drawing room, a magnificent space ideal for formal gatherings with features to include attractive paneling and beautiful fireplace with marble and slate surround. This room also enjoys two attractive porthole windows with leaded light inserts . A welcoming family room enjoys direct access to the rear garden, creating a seamless flow between indoor and outdoor living, while the superb dining room offers an elegant setting for entertaining with fabulous bay window and superb fireplace. The ground floor being approached via a welcoming entrance hall leading to a fabulous reception hall with ample room for seating and welcoming family and guests.
Additionally off the entrance hall is a wonderful boot room with floor to ceiling fitted cupboards and built in shoe rack. This area enjoys underfloor heating creating a warm inviting ambience on a cold winters day.
To the heart of the home is a beautifully appointed modern kitchen, complete with a central island incorporating breakfast bar and high-quality fittings, which is further complemented by a separate utility room and a convenient downstairs cloakroom having been re-fitted to provide a modern space. Open plan off the kitchen is a breakfast room with large window overlooking the rear garden.
The impressive reception hall enjoys many ornate and original features to include coving, balustrade and arched window with leaded lights, and an elegant easy rise staircase leading to the first floor landing. A grand landing offering split level features boasts double doors onto a large south-facing balcony, enjoying far-reaching views and natural sunlight throughout the day. The principal suite is a luxurious retreat, featuring a spacious double bedroom and a well-appointed en-suite bathroom. There are four further double bedrooms, one of which is currently used as a home office, each offering comfort and character, along with a generously proportioned guest suite, complete with a large private en-suite. Both en-suites boast his and hers basins.
Additionally this home enjoys a large cellar made up of several rooms (currently used as a gym and wine cellar) The huge loft space offers the possibility of conversion into several rooms subject to planning consents.
To the rear the garden is mainly laid to lawn, well fenced and bordered with mature shrubs. A large patio area provides a great entertainment space and is Southerly Facing benefitting from this sought after orientation.
To the front is wonderful Carriage Driveway providing a grand approach to this delightful home and enabling ample Off Street Parking.
This exceptional family home offers the perfect blend of period grace and contemporary convenience, situated in a highly desirable location and ready to be enjoyed.
A large garage completes the offering, making this a truly rare and special property.
Melville Avenue is a sought after road very close to Lloyd Park tram stop offering quick access to East Croydon train station. Lloyd Park with the adjoining playing field and Addington Hills provide over 300 acres of green space walking without getting into the car! Within less than ten minutes drive there are more than five golf clubs: Croham Hurst, Shirley Park, Addington Palace, The Addington, Farleigh Court and Addington Court. The property is well located for those needing to commute but at the same time looking for close proximity to popular and highly regarded schools to include Croydon High, Whitgift, Royal Russell and Ridgeway Primary schools. Buses pass close by providing further transport options for accessing Central Croydon which provides a comprehensive range of shopping and entertainment facilities. The M25 junction 6 is located at Godstone / Caterham and provides access to both Gatwick and Heathrow airports, Bluewater Shopping Centre and the south coast.
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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