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£800,000 Offers in excess of
Bedrooms
Bathrooms
This massive double fronted detached house is located on one of Shirley Parks most sought after roads on the borders of the ever desirable Whitgift Foundation.
Downstairs the property benefits from having a three reception rooms. The main living room has dual aspect windows flooding the room with natural light as well as being very spacious. There is also a dining room as well as the third reception room which has potential as a study space or additional sitting room. The downstairs is completed with a wc as well as a massive kitchen space perfect for cooking, with enough space for a breakfast table if need be.
As you head upstairs you have beauitful large windows overlooking the garden. The master bedroom is huge and benefits from having a large bay window. There are also two further double bedrooms as well as a large single bedroom. Also upstairs there is a family bathroom as well as an additional wc.
The garden wraps around the whole property with side access from both sides of the property. There is also a large outbuilding as well as a further gated space to the rear of the garden which can be used for parking accessible from Addiscombe Road.
The property also benefits from having no chain so call now on to arrange a viewing and avoid missing out on this superb family home.
DIRECTIONS
The property is located on the top of Fryston Avenue on the corner of Addiscombe Road. Just a short five minute walk from Sandilands tram stop, with East Croydon just two stops away.
TRANSPORT
East Croydon 1 mile
South Croydon 1.4 miles
Selhurst 1.4 miles
West Croydon 1.5 miles
Norwood Junction 1.5 miles
SCHOOLS - INFANTS & PRIMARY
Woodside Primary School 0.7 miles
John Wood School & Nursery 0.8 miles
St Johns CofE Primary School 0.8 miles
Ark Oval Primary Academy 0.9 miles
Park Hill Infant School 0.9 miles
SCHOOLS - SECONDARY & COLLEGE
Archbishop Tenisons CofE High School 0.7 miles
Ark Blake Academy 0.8 miles
Coloma Convent Girls School 0.8 miles
Coombe Wood School 0.9 miles
Shirley High School Performing Arts College 0.9 miles
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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