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£799,950
Bedrooms
Bathrooms
Oaks Estate Agents are delighted to welcome to the market, this beautiful four-bedroom semi-detached house situated on a popular residential road in Addiscombe.
Light and airy throughout, Birch Tree Way is rich in character and benefits from an abundance of period features. The property benefits from an impressive 1,888 sq. ft. of space and has further scope to extend (STPP).
Arranged over two floors, this vast and deceptively spacious home has been lovingly cared for by the current owner and briefly comprises; four well-proportioned bedrooms, spacious reception room, dining room, kitchen, contemporary family bathroom with separate and mature landscaped garden.
This beautiful period property further benefits from ample storage space, garage and off street parking for multiple cars.
Birch Tree Way is perfectly positioned and ideally situated for any commuter requiring access into The City due to its close proximity to East Croydon station, offering direct access into London Victoria and the City via London Bridge. Gatwick Airport and Brighton are easily accessible in the other direction.
Croydon town centre, Wimbledon and Beckenham are available via Sandilands and Addiscombe tram stop. Lower Addiscombe Road is a nearby flourishing high street that offers a number of popular independent businesses including a bakery, florist and butchers.
We thoroughly recommend an internal viewing to fully appreciate and comprehend the potential on offer.
Map location is not available for this property.
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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