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£850,000
Bedrooms
Bathrooms
Situated on the upper part of this desirable tree lined street, this exceptional Edwardian property is arranged over two floors and benefiting from a very impressive 1,853 sq. ft. of living space.
The ground floor consists of the splendid entrance hallway leading to a spacious front reception room with bay window, high ceiling and period features. A sitting room looking out onto an established garden of mature trees, through the art deco, stained glass, original Edwardian French doors, and traditional country-style kitchen/dining room with a rustic elegance befitting the period. A utility room and downstairs w/c complete the practicality of this space.
The first floor has four well-proportioned bedrooms with stunning views overlooking the garden and a contemporary family bathroom suite.
This spacious, light and airy property benefits from a large and beautifully presented garden, with a notable sized decking area which has at its heart a fully functional wood fired oven and Mediterranean BBQ perfect for al fresco living during the warm summer months. Off-street parking for multiple vehicles.
The loft area is an impressive 80 m with a Velux window already at the front of the property.
Location-wise, Northampton Road is perfectly positioned for any commuter 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 Addiscombe tram stop, which is only a short stroll away.
Lower Addiscombe Road is a thriving high street which offers a number of flourishing independent businesses including a bakery, florist and butchers.
With demand naturally expected to be high, we thoroughly recommend an internal viewing to avoid disappointment and to fully appreciate this beautiful home.
TRANSPORT
East Croydon 0.8 miles
South Croydon 1.3 miles
Selhurst 1.3 miles
West Croydon 1.3 miles
Norwood Junction 1.5 miles
SCHOOLS - INFANTS & PRIMARY
Woodside Primary School 0.6 miles
Oasis Academy Shirley Park (All Through) 0.6 miles
John Wood School & Nursery 0.7 miles
Ark Oval Primary Academy 0.7 miles
Park Hill Infant School 0.8 miles
Park Hill Junior School 0.8 miles
SCHOOLS - SECONDARY & COLLEGE
Archbishop Tenisons CofE High School 0.6 miles
Ark Blake Academy 0.6 miles
Oasis Academy Shirley Park (All Through) 0.6 miles
Coombe Wood School 0.9 miles
Cambridge Tutors College 1 mile
Coloma Convent Girls School 1 mile
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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