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£1,050,000
Bedrooms
Bathrooms
''NO ONWARD CHAIN'' A deceptively spacious 5 double bedroom detached family home boasting 2817 square feet of flexible internal accommodation offering three reception areas, large garden at 140ft and ample parking for several cars to the front in addition to the garage. Conveniently situated in a highly sought after peaceful neighbourhood close to Sanderstead village, good local schools and a mix of transport links. EPC Rating C. Council Tax Band F.
The property comprises; Welcoming entrance hall with downstairs WC, living room with open fireplace, separate dining room, well appointed L shaped kitchen/breakfast room and further reception room (currently used as a gym). Upstairs offers five, full size cosy and inviting bedrooms with two family bathrooms and separate WC to one of the bedrooms. There is also a functional loft room with Velux window and equipped with pool table included in the sale. The rear garden is mainly laid to lawn with a raised decking area ideal for entertaining housing a handmade bar. The front provides ample parking on the newly laid block paved and gravel driveway in addition to integral garage. The property itself offers significant and comfortable accommodation and is of a size ideal for a growing family.Situated within close proximity of Sanderstead Village with the village pond, recreational park, a selection of local shops including Waitrose, local reputable schools including Ridgeway, Gresham and Atwood and a choice of tennis, cricket and golf clubs in the local area. Sanderstead and Purley Oaks stations are just over a mile from the property and can be reached via several bus routes.
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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