5 bedroom semi-detached for sale

£750,000

5

Bedrooms

Floorplan

Take the pain out of your morning commute with this substantial family-sized semi-detached period property, which enjoys a quiet residential location in the Chatsworth Road Conservation Area, just 10 minutes walk from East Croydons favoured commuter station providing easy access to London Bridge and Victoria in under 15 minutes.

The accommodation, which measures over 2000 square feet including the storage cellar (203sqm), affords an entrance hall, a large 19 x 18 reception room with feature fireplace and a wide square bay window facing the sunny rear garden, a 17 x 15 dining room also with original fireplace at the front of the house, a separate kitchen, a downstairs cloakroom/ shower-room, generous landing with skylight loft access, three double bedrooms all with original fireplaces, two good-sized smaller bedrooms - one with fireplace and a pretty porthole round window, a bathroom and a separate wc.

Externally there is an attractively stocked and landscaped rear garden with a sunny Southerly aspect and a secluded secret garden offering a surprisingly tranquil haven for a property in such a central location. The front garden has been paved to provide off-road parking. Additional parking is available in the road with a residents permit from Croydon Council. A garage very nearby may be available to buy via separate negotiation.

The many bars and eateries of the Restaurant Quarter are just a short stroll away, whilst Boxpark and the town centre are also within very easy reach. Tramlink provides a neat route to Wimbledon with its District Line station and the Overground from West Croydon provides and alternative route towards Docklands avoiding Zone1, as well as East and North London.

For those with children, this grand house is also well placed for a wide choice of good schools and petty Park Hill Park with its tennis courts and childrens playground is just a couple of minutes away. The wider open spaces of Lloyd Park, Coombe Park and Shirley Hills are a 15-20 minute walk away.

Available with no onward chain, the house is now in need of updating, however it retains many stunning original architectural features and would be perfect for those who appreciate charm and character, as well as convenience.

Call the sellers sole agent, Martin & Co Croydon, now for an appointment to view!

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

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

£
  • 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

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

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

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message