4 bedroom semi-detached for sale

£750,000

4

Bedrooms

2

Bathrooms

Floorplan

OFFERED WITH NO CHAIN. Kenyons are delighted to offer for sale this spacious semi-detached house built circa 1920-1930 that is currently configured as two self-contained two bedroom flats. We feel the property could be turned back into a spacious character 4 bedroom family home quite easily. Currently on the ground floor is a good size lounge/dining room, kitchen, two double bedrooms and a bathroom. On the first floor there is a lounge, kitchen, two bedrooms, bathroom and separate w.c. The property also offers a garage/workshop, off street parking and front & rear gardens. Both the ground floor and the first floor have their own independent gas heating systems. The property is conveniently located in a popular residential road within walking distance of local shops, while Carshalton High Street, Ponds and train station are within a mile from the house. The area offers a wide range of shopping, leisure and transport facilities including train links to London and the surrounding towns. The area is also has a good selection of schools both state and privately run including: St Philomenas, Sutton Grammar & High schools. Viewing Highly Recommended.

' GROUND FLOOR FLAT ' ENTRANCE PORCH ' ENTRANCE HALL '
' LOUNGE/DINING ROOM ' FITTED KITCHEN ' TWO DOUBLE BEDROOMS ' BATHROOM '
' FIRST FLOOR FLAT ' ENTRANCE HALL ' LANDING ' LOUNGE ' KITCHEN '
' TWO DOUBLE BEDROOMS ' BATHROOM ' SEPARATE WC '
' GARAGE & OFF STREET PARKING ' FRONT & REAR GARDENS '
' NO CHAIN ' POPULAR LOCATION '

ACCOMMODATION:

GROUND FLOOR ACCOMMODATION:

ENTRANCE PORCH:

ENTRANCE HALL: Storage cupboard, radiator, door to entrance hall of first floor flat.

LOUNGE/DINING ROOM: 277 x 126 (Narrowing to 96). Two radiators, fitted shelving, sliding patio doors to rear garden.

KITCHEN: 112 x 92. Fitted with matching base and eye level units, worksurfaces, built in oven and hob, extractor hood, appliance space, window overlooking rear garden.

LOBBY: Door to side.

BATHROOM: 710 x 57. Fitted with white suite comprising of panel enclosed bath, wash hand basin with storage under, low flush w.c, radiator, airing cupboard house gas fired boiler, window.

BEDROOM ONE: 195 x 150. Window having front aspect, mirror fronted wardrobes, radiator.

BEDROOM TWO: 138 x 1211. Windows having side aspect, mirror fronted wardrobes, radiator.

FIRST FLOOR ACCOMMODATION:

ENTRANCE HALL: Radiator, stairs to first floor, door to ground floor.

FIRST FLOOR LANDING: Window to side, radiator, access to loft.

LOUNGE: 199 x 1411. BATHROOM: 89 x 79. Windows having front aspect, two radiators, fireplace.

KITCHEN: 110 x 96. Fitted with a range of base and eye level units, worksurfaces, built in oven and hob, extractor hood, appliance space, radiator, windows having front aspect.

BEDROOM ONE: 162 x 147. Window having front aspect, fitted wardrobes, radiator.

BEDROOM TWO: 153 x 127. Windows having rear aspect, radiator, range of fitted wardrobes one housing gas fired boiler.

BATHROOM: 82 x 73. Comprising of a white suite with shaped panel enclosed bath, wash hand basin with storage under, shower cubical, radiator, window.

SEPARATE WC: Low flush w.c, radiator, window.

OUTSIDE: REAR GARDEN: With area of patio, area of lawn.

DETACHED GARAGE/WORKSHOP: Accessed via own Driveway, with up and over door, window to rear, door to workshop/utility area, door to rear garden from utility area.

FRONT GARDEN:

TENURE: FREEHOLD: We have been informed by the sellers that the property is under one freehold title, however as the property is currently arranged as two flats each flat and have been rented out in the past each flat currently has its own utility supplies, separate heating systems and each has their own council tax banding.

NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.

MAKING AN OFFER:

ALL OFFERS MUST BE SUBMITTED IN WRITING

Please submit your offer via email

If you have any queries, please contact

With your offer we will need the following details/information from you.

1) Contact Details - Your Name, Address, Phone Number and Email Address

2) The amount you are offering for the property

3) Details of your position - (are you a first time buyer, do you have a property to sell - if you have your own property under offer we will need the details of the estate agent you are selling through)

4) Details of how you will be financing the purchase. (Are you a cash buyer or if you need a mortgage). Who you will be getting a mortgage from - the amount you will need to borrowing and how much deposit you will be putting in to the property.

5) Proof of funding to include a copy of a mortgage agreement & proof of deposit amount.

Once we have the above information, we can then submit your offer to the vendor for consideration.

Kenyons - Established 1984 -
Celebrating 40 Years of successfully selling and letting properties in the local area.

NOTICE TO PURCHASERS: Kenyons Estate Agents and their staff have not carried out any tests to any items mentioned within these details, which include services such as heating, electrical system, appliance or any fixture and fittings. We would advise purchasers to satisfy themselves as to their condition. Furthermore, please note that a Laser Tape measuring device has been used to establish the room dimensions which should not be relied upon when ordering carpets.



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

£ 621450

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
    £ 18750
  • 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

£ 58950
  • 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.

Notes

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