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£825,000
Bedrooms
Bathrooms
Streets Ahead are pleased to market this substantial five bedroom semi detached home located just moments away from Addiscombe Tram Stop providing access to Central London within half an hour of leaving your door. The property is also well located for the many local amenities that Addiscombe High Street has to offer.
Northampton Road is a lovely tree lined road full of characterful period house with this house being no different. The property has been renovated to a high standard by the current owner while maintaining the original character through. The downstairs comprises of a large through lounge leading onto a spacious dining space, downstairs wc as well as a large kitchen breakfast space, perfect for entertaining while you cook.
As you head up the stairs to the first floor there are three good sized bedrooms as well as a large modern four piece bathroom.
The property keeps on going as you reach the second floor where you will find a further two double bedrooms as well as a large storage space complete with water supply adding the further potential of a second bathroom.
This lovely home also benefits from having a well presented garden space, huge amounts of storage as well as off street parking.
Call now to arrange a viewing of this fantastic home in a superb location!
DIRECTIONS
Northampton Road is located between Bingham Road and Addiscombe Road just a couple of minutes walk from Addiscombe Tram Stop.
TRANSPORT
Addiscombe Tram Stop 0.1 mile
East Croydon Station 0.9 miles
SCHOOLS - INFANTS & PRIMARY
Woodside Primary School half a mile
John Wood School & Nursery 0.6 miles
Ark Oval Primary Academy 0.7 miles
SCHOOLS - SECONDARY & COLLEGE
Ark Blake Academy 0.5 miles
Oasis Academy Shirley Park 0.5 miles
Trinity School 0.6 miles
Archbishop Tenisons CofE High School 0.7 miles
Map location is not available for this property.
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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