5 bedroom detached for sale

£1,150,000 Offers in excess of

5

Bedrooms

3

Bathrooms

Floorplan

Keller Williams are delighted to introduce to the market this beautifully presented and well located five to six bedroom detached house. .

The property is available with NO ONWARD CHAIN and has planning permission to extend and further increase the living space if desired. This home is ideal for a young or growing family looking to take advantage of the delights of the area.

This home has been superbly maintained and boasts light and spacious, well-proportioned accommodation with stylish interiors and a mix of modern design with classic touches. Features include four inviting reception rooms, a lovely modern kitchen with utility area, spacious bedrooms (two with ensuite), double and triple glazing and gas central heating. The recently installed solar panels add to the fantastic energy efficiency of the home also keeping bills and running costs to a minimum. The home oozes character and offers ample space with the potential to extend and open up the living space to further add to its charm and appeal if desired.

Situated in a sought after area of West Purleys lovely outskirts, this house is conveniently located to access the M23 and M25 and is not far from Purley train station which provides fast and frequent connections into Clapham Junction, Central London and Gatwick airport.

The property is also in the catchment for Ofsted outstanding schools and is in walking distance to a plethora of local shops, parks, bars, restaurants and other amenities. The ever more important outside space is also provided as the house comes with a substantial and well attended private garden, which leads to a good sized swimming pool, lovely hot tub and entertainment studio!

This gorgeous detached home is not expected to be around for long!

Whether you are a young or growing family, or looking for your next step in your property journey, you will not be disappointed with this home IT IS A MUST SEE!!

PLEASE NOTE: The direct extension number for the agent dealing with this property is is 111

Mortgage Calculator

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

Monthly Payment: £4,973.37

Total Interest: £640,412.82

Overall Total: £1,790,412.82

Amortization For Monthly Payment: £4,973.37 over 30 years ( Based on 3.20% Interest )

YearInterest Principal Balance 
2025£36,461.42 £23,219.01 £1,126,780.99 
2026£35,707.42 £23,973.01 £1,102,807.98 
2027£34,928.93 £24,751.50 £1,078,056.48 
2028£34,125.16 £25,555.27 £1,052,501.21 
2029£33,295.29 £26,385.14 £1,026,116.08 
2030£32,438.47 £27,241.96 £998,874.12 
2031£31,553.83 £28,126.60 £970,747.52 
2032£30,640.46 £29,039.97 £941,707.55 
2033£29,697.43 £29,982.100 £911,724.55 
2034£28,723.77 £30,956.65 £880,767.90 
2035£27,718.50 £31,961.92 £848,805.98 
2036£26,680.59 £32,999.84 £815,806.13 
2037£25,608.96 £34,071.46 £781,734.67 
2038£24,502.54 £35,177.88 £746,556.79 
2039£23,360.19 £36,320.23 £710,236.56 
2040£22,180.75 £37,499.68 £672,736.88 
2041£20,963.00 £38,717.43 £634,019.45 
2042£19,705.71 £39,974.72 £594,044.73 
2043£18,407.59 £41,272.84 £552,771.89 
2044£17,067.31 £42,613.11 £510,158.78 
2045£15,683.52 £43,996.91 £466,161.87 
2046£14,254.78 £45,425.65 £420,736.22 
2047£12,779.65 £46,900.78 £373,835.45 
2048£11,256.62 £48,423.81 £325,411.64 
2049£9,684.12 £49,996.30 £275,415.33 
2050£8,060.57 £51,619.86 £223,795.47 
2051£6,384.29 £53,296.14 £170,499.33 
2052£4,653.57 £55,026.85 £115,472.48 
2053£2,866.66 £56,813.77 £58,658.71 
2054£1,021.72 £58,658.71 £0.00 

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

£ 950,200

Mortgage Loan to Value

83%

Gross Yield

12%

Annual ROI

34%

Annual Rental Profit

£ 62,485

Cumulative Rental Profit

£ 624,850

Cost of Purchase

£ 87,700
  • Stamp Duty
    £ 56,250

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

  • Refurbishment Budget
    £ 28,750
  • 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

£ 75,515
  • Mortgage Interest
    £ 42,759

    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)
    £ 18,216
  • Letting Fee
    £ 240
  • Maintenance
    £ 13,800
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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

£ 1,260,379
  • Final Equity Profit
    £ 635,529

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

  • Cumulative Rental Profit
    £ 624,850

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£ 1,873,229

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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