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£1,500,000
Bedrooms
Bathrooms
This outstanding and extensively extended chain free FIVE/SEVEN bedroom detached family residence is located in High Beech which is a quiet residential road within the favoured Croham Hurst part of South Croydon. The property has undergone a complete refurbishment programme throughout and now boasts an amazing and particularly impressive interior over three floors, ideal for modern family living. You will be immediately impressed as you enter the property with a modern hallway, skylight and attractive wooden staircase with glass balustrade to the upper floors along with two bedrooms, one with an en suite shower room, family bathroom, spacious kitchenette, separate utility room, integral garage and a useful external and covered entertainment area which wraps around the property. This floor offers the potential with some alterations to create a self contained annexe. As you continue through the property you will appreciate the quality of the refurbishment and on the first floor is a spacious landing with skylight and double doors that take you into a fantastic open plan part of the home including a large reception room with a striking herringbone style wooden floor that opens out into a lovely double aspect dining area with lots of light created by a superb vaulted skylight and sliding doors that offer access to an ' L ' shaped balcony / terrace with views over the surrounding area. Adjoining the dining area is an amazing modern fitted kitchen with attractive units, integrated appliances and a central breakfast bar with seating. Additionally to this floor is a playroom and Library as well as a bedroom suite with shower room along with a further bedroom whilst on the second floor is a further landing with two skylights, principle suite with en suite bathroom and another bedroom suite with shower room. The property is complimented by generous and mature gardens which encompass the property whilst to the front is a 17ft integral garage and attractive block paved driveway. Finally the property is great for those who like to entertain as there is a large covered party room/area opening to the decked garden area.
High Beech is a quiet road situated within the popular and convenient Croham Hurst area with Croham Hurst Golf Club being just a short walk away in addition to the beautiful wooded area of Croham Hurst. A short walk away is Croham Valley Road/Croham Road where there are buses passing by accessing central Croydon and beyond, with Lloyd Park and Coombe Lane Tram stop also being within half a mile. Additionally South Croydon Station is easily accessible making this a fantastic home in terms of being set in a quiet location yet within easy reach of many forms of transport. Also close by and another great attraction to the area are an abundance of reputable schools to include Old Palace Junior Girls School, Coombe Bank, Royal Russell, Whitgift and Croydon High to name but a few. Viewing of this delightful home with NO CHAIN IS HIGHLY RECOMMENDED.
These details do not constitute any part of an offer or contract. None of the statements outlined in these particulars are to be relied upon as statements or representation of fact and any intended purchaser must satisfy themselves by inspection or otherwise to the correctness of any statements contained in these particulars. The vendor does not make or give and neither shall Hubbard Torlot or any person in their employment, have any authority to make or give any representation or warranty whatsoever in relation to the property.
CONSUMER PROTECTION REGULATIONS:
a) No enquiries have been made regarding planning consents or building regulation approval.
b)No services or systems have been tested by Hubbard Torlot.
c)The structure, boundaries or title of tenure have not been checked and that of your legal representative should be relied upon.
Referral Fees
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Map location is not available for this property.
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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