5 bedroom terraced for sale

£700,000 Offers in excess of

5

Bedrooms

2

Bathrooms

Floorplan

This substantial family home in the heart of Shirley Park is not only ready to move straight into but is also a commuters dreamjust a short walk from Addiscombe Tram Stop, meaning you can be in Central London in under 35 minutes!

The property features a bright, bay-fronted reception room that floods the ground floor with natural light, a convenient downstairs WC, and a spacious open-plan kitchen/reception area that overlooks a private gardenperfect for entertaining guests.

Upstairs, the first floor offers three generously sized bedrooms and a stylish four-piece family bathroom. On the second floor, youll find two additional bedrooms, another modern bathroom, and ample storage throughout.

Additional benefits include excellent transport links, off-street parking, a private garden with a separate office and small shed, two bathrooms, plenty of storage, network Cabling to every room for high speed internet access and the convenience of being move-in ready.

Call now to arrange a viewing before you miss out!

DIRECTIONS
Compton Road is a quiet, residential street located in the sought-after Addiscombe area. Known for its family-friendly atmosphere and tree-lined surroundings, the road offers a mix of period and modern homes. Its conveniently situated close to local amenities, including shops, cafes, and well-regarded schools. Excellent transport links are nearby, with easy access to tram stops like Addiscombe and Sandilands, offering direct routes into East Croydon Station and Central London.

TRANSPORT
East Croydon 1.1 miles
Selhurst 1.3 miles
Norwood Junction 1.3 miles
West Croydon 1.5 miles
South Croydon 1.5 miles

SCHOOLS - INFANTS & PRIMARY
Oasis Academy Shirley Park (All Through) 680 yards
Woodside Primary School 0.5 miles
John Wood School & Nursery 0.7 miles
St Thomas Becket Catholic Primary School 0.8 miles
Robert Fitzroy Academy 0.8 miles

SCHOOLS - SECONDARY & COLLEGE
Oasis Academy Shirley Park (All Through) 680 yards
Ark Blake Academy 0.7 miles
Archbishop Tenisons CofE High School 0.9 miles
Coloma Convent Girls School 0.9 miles
Shirley High School Performing Arts College 1 mile

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

£ 580200

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
    £ 17500
  • 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

£ 55200
  • 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

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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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