4 bedroom detached for sale

£935,000

4

Bedrooms

3

Bathrooms

Floorplan

A Spacious Mock Tudor double fronted Detached Loved family home offering flexible accommodation and set on one of South Norwoods most popular roads near the Lakes and just a short walk from the High street with its numerous shops and amenities including a number of eateries and independent cafes as well as the fabulous transport links from Norwood Junction Train Station giving access to London Bridge in just 13 minutes and also stops via the Overground line. There are a number of Primary and secondary schools close by giving good choice as well as some fantastic open spaces to explore on the weekends. As you step onto the drive the immediate sense of space is realised with an impressive driveway for at least 6 cars on entering the property the space continues with a 1211 entrance hall, there are two good sized receptions with a further 29 Conservatory and 192 study, modern kitchen, Upstairs there are four very good size bedroom and a large family bathroom, integral garage large Rear garden with feature koi pond, further potential to extend to the loft and side. An ideal opportunity to make your mark, so book your viewing now and avoid missing out!

Porch - Double glazed leaded light Double doors access to entrance hall.

Entrance Hall - 3.94m x 2.39m (1211 x 710) - Stairs rising to first floor, doors to inner hall leading to w.c, living room and dining room, radiator, parquet flooring, Double glazed leaded light windows to front and side.

Inner Hall - under stair recess for storage, parquet flooring, door to w.c.

Downstairs W.C - Low level w.c, pedestal wash hand basin, opaque double glazed window to rear, tiled floor, tiled walls, inset mirror.

Living Room - 5.59m x 3.94m (184 x 1211) - Double glazed window to front, parquet floor, radiator x 2, Double glazed double doors onto conservatory, door to study.

Study - 5.84m x 3.28m narrowing to 2.44m (192 x 109 narr - Double glazed window to front, glazed skylight window units, radiator, parquet flooring.

Conservatory - 9.02m x 2.72m (297 x 811) - Glazed skylight window units, double glazed window s and sliding doors onto rear garden, parquet flooring.

Dining Room - 4.47m x 3.33m (148 x 1011) - Double glazed leaded light window to front porch, parquet flooring, coved ceiling, cornicing, door to front.

Kitchen - 3.30m x 2.64m (1010 x 88) - Double glazed window to rear overlooking garden, range o wall and base units, integrated 5 ring gas hob, integrated oven, splash back, extractor hood, space and plumbing for washing machine, space for fridge freezer, stainless steel sink and drainer, cupboard housing boiler part tiled walls, door to garage,

Garage - 6.38m x 3.96m (2011 x 13) - Door to front, double glazed door to lobby with access to kitchen. door onto garden

First Floor Landing - Doors to all bedrooms, bathroom, hatch to loft, feature stained glass window to rear, radiator.

Bedroom One - 4.88m max x 3.33m max (16 max x 1011 max) - Double glazed leaded light window to front, fitted wardrobes, radiator, arch to dressing area/ ensuite area(needing updating) measuring 1011 x 28.

Bedroom Two - 3.94m x 3.12m max into wardrobe (1211 x 103 max - Double glazed leaded light window to front, built in wardrobe, and drawers with arched vanity unit, shelving and ornate cornicing.

Bedroom Three - 3.30m x 2.39m (1010 x 710) - Double glazed leaded light window to rear, built in wardrobe, radiator, built in bed unit with storage and wardrobe, shelving and storage.

Bedroom Four - 2.82m x 2.41m (93 x 711) - Double glazed leaded light window to front, radiator, built in wardrobe and bed with shelving, ornate cornicing.

Bathroom - 3.38m x 2.67m (111 x 89) - Comprising panel enclosed bath with shower attachment, shower cubicle, low level w.c., wash hand basin incorporating storage. opaque double glazed windows to rear, radiator, part tiled walls, airing cupboard.

Rear Garden - Predominantly paved and over two levels with fenced boundaries, path to rear, large koi pond with feature reinforced bridge across, outbuilding storage, access to garage, shed, mature tree and tree beds.

Front Garden - Gated front with off street parking for at least 6 cars, feature central water feature, car port to front, access to garage and porch, brick built boundaries.



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 762075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 23375
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 60825
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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