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£535,000
Bedrooms
Bathrooms
This huge family home is not only one the biggest in area but is also a commuter dream being only a short walk from Selhurst Train Station, East Croydon and West Croydon train station. Meaning you can leave your front door and be on Central London in less than 40 mins!
This property consist of a large bay fronted reception room flooding the ground floor with natural light, a modern kitchen overlooking your private garden, another reception room perfect for entertaining guest and a huge four piece family bathroom. On the first floor you have four good size bedrooms. You also have a cellar perfect for extra storage and a loft room which is currently being used as an office but could be converted into the fifth bedroom.
This property benefits from being semi-detached with side access, great transport links, has a cellar, lovely private garden, loft room perfect for extra storage or an office, ready to move straight into plus so much more!
Call now to book a viewing before you miss out!
DIRECTIONS
Burdett Road runs between Sydenham Road and Northcote Road. Walking distance to Selhurst train station, local bus routes, some outstanding schools, plus so much more!
TRANSPORT
Selhurst 580 yards
West Croydon 0.8 miles
Thornton Heath 0.9 miles
East Croydon 0.9 miles
Norwood Junction 1 mile
SCHOOLS - INFANTS & PRIMARY
Broadmead Primary School 100 yards
The Crescent Primary School 160 yards
Robert Fitzroy Academy 860 yards
Ecclesbourne Primary School half a mile
St Chads Catholic Primary School 0.5 miles
SCHOOLS - SECONDARY & COLLEGE
St Marys Catholic High School 0.6 miles
Ark Blake Academy 0.6 miles
Harris Invictus Academy Croydon 0.7 miles
Harris Aspire Academy 1 mile
Harris Academy South Norwood 1.2 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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