4 bedroom detached for sale

£1,000,000 Offers in excess of

4

Bedrooms

3

Bathrooms

Floorplan

'NO ONWARD CHAIN'
A well presented four double bedroom detached family home boasting 2,097 square feet internally built in 2018 to a high specification. Situated within close proximity to Sanderstead village. EPC Rating B. Council Tax Band G.

The property comprises;
Entrance hall with downstairs WC, double aspect living room, study, high specification fully integrated kitchen/breakfast room with centre island and roof lantern, utility room and separate dining room. Upstairs provides a galleried landing with access to all four double bedrooms with fitted wardrobes, four piece family bathroom and en suite shower rooms to two bedrooms.
Specification includes-Underfloor heating running throughout-Bespoke handleless kitchens with Sile Stone worktops,integrated Bosch Appliances throughout including fridge, freezer, washing machine, tumble dryer, coffee machine, two ovens pluscombi oven with microwave, dishwasher, inductionhob and wine cooler-Contemporary Steel & Oak glass balustrade staircase-Contemporary style bathrooms with heated mirrors-Vicaima bespoke internal door sets throughout-Powder Coated Aluminium windows throughout-Natural oak flooring to main reception areas with carpetto bedrooms-Air source heat pump
-Architectural lighting-Engineered timber flooring to the first floor-Integrated music system to Kitchen/Breakfast room, lounge, master bedroom and en-suite-Rako programmable lighting system.
The rear garden features a lawn area with plant/shrub borders with sleeper style stairs to patio area ideal for entertaining, while the front offers ample parking for several vehicles on the driveway in addition to the garage.

Stede Close is accessed via Onslow Gardens which is located off Addington Road by All Saints Church positioned near The Gruffy and pond close to the village parade of shops including Waitrose. Local schools, a choice of tennis, cricket, golf clubs and churches are also close by together with Kings Wood, Riddlesdown Common and the Recreation Park including bus services, Sanderstead, Purley Oaks and Riddlesdown stations.

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

£ 818950

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 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.

£

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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