3 bedroom semi-detached bungalow for sale

£600,000 Guide Price

3

Bedrooms

2

Bathrooms

Floorplan

Set back from the road and tucked away in a quiet cul-de-sac, this semi-detached bungalow has undergone a complete transformation to create a stunning home that is sure to appeal to buyers of all ages.

Accessed via an impressively wide front door, which affords easy access for bulky furniture items the property, leads to the entrance hall. A fantastic 31 x 22 open-plan living space with herringbone engineered oak flooring provides ample space for entertaining and there is a generous fully-fitted contemporary kitchen area with island unit and quartz worktops. The feature skylight windows and huge sliding doors flood the room with light and bring the outside in. There is a separate utility room to house a washing machine and drier, as well as the huge pressurised water cylinder which ensures a generous and powerful supply of hot water.

The generous master bedroom enjoys a leafy outlook at the rear and has a smart en-suite shower-room/wc in a fashionable monochrome finish. There are two further good-sized bedrooms, complimented by a luxurious family bathroom/wc with stylish gold coloured fittings.

With an eye on energy efficiency the property is heated by an unobtrusive air-source heat pump and with comfort in mine this is supplemented by zoned underfloor heating to the hallway, living and kitchen areas.

Externally, the large decked patio area leads from the living room and is the perfect place for a Summer sundowner or dining al fresco. The garden below has been landscaped and there is a secure side access from the driveway. At the front of the property there is parking, plus a workshop/garage. Additional unrestricted parking is available in Croham Mount itself.

For commuters, Sanderstead Station as well as the excellent local shopping parade there - is just a 10 minute stroll away. Regular bus services run along nearby Mayfield/Carlton Road towards the town centre.

The sports-minded will find St. Pauls Tennis Club just around the corner and the wooded slopes of Croham a great place for dog-walking or also close at hand.

With fantastic attention to detail and a top-quality finish this property really must be viewed call Martin & Co Croydon now!

Map location is not available for this property.

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

£ 497700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 15000
  • 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

£ 47700
  • 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

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

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