4 bedroom detached for sale

£1,000,000

4

Bedrooms

Floorplan

Oaks Estate Agents are delighted to present this rare and beautifully renovated detached Victorian residence, set within the highly sought-after East India Estate in the heart of Addiscombe.

This substantial home is brimming with character and charm, having been lovingly restored and maintained by its current owner. Set across two spacious floors, the property offers a harmonious blend of period elegance and modern convenience.

On the ground floor, youll find two exquisite reception rooms, both boasting impressive high ceilings, intricate original coving, and stunning feature fireplaces, all illuminated by large bay windows that flood the space with natural light. There is also a stylish ground floor bathroom, a dedicated home office that connects directly to the integrated garage,, a rare and valuable asset in todays market.

The heart of the home is a generously sized open-plan kitchen, seamlessly connected to a bright and airy conservatory, creating the perfect space for everyday living or entertaining.

Upstairs, the home offers four spacious double bedrooms, each continuing the theme of high ceilings and generous proportions. The rear bedrooms enjoy serene views over the landscaped garden, while the front bedrooms feature charming bay windows. A beautifully finished four-piece family bathroom completes the first floor.

The garden is a true highlight, a tranquil and private oasis with mature trees, a well-kept lawn, and a stylish patio area, perfect for outdoor dining or relaxing in the sun.

Located just a 10-minute walk from East Croydon station, offering direct services into Central London in just 15 minutes, this is a rare opportunity to acquire such a substantial period home so close to excellent transport links.

Addiscombe itself is a vibrant and welcoming neighbourhood, with a strong sense of community and a village-like feel. Enjoy the convenience of local independent shops, including butchers, fishmongers, and cafs, as well as the nearby green spaces of Lloyd Park.

This is a truly exceptional family home that must be viewed to be fully appreciated.

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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

£ 818950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 25000
  • 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

£ 68950
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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  • 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

£

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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