6 bedroom detached for sale

£2,795,000

6

Bedrooms

3

Bathrooms

Floorplan

THE PROPERTY An imposing double fronted residence, standing proudly, in arguably one of the most well known roads within the private and prestigious confines of the Webb Estate.

Upon arrival, the homes grand stature is immediately apparent, with twin gables and a porch adorned with intricate stained-glass windows. Stepping through the tall glazed double doors, you are greeted by a impressive reception hall, setting the tone for the propertys expansive interior. There is a cosy lounge overlooking the front garden, perfect for intimate gatherings, while a formal drawing room to the rear offers direct access to a bright sitting room enjoying an outlook over the rear garden. The dining room is generous in size, with a striking bay window, filling the room with natural light, and a door leading you into a modern style kitchen breakfast/room. The kitchen is fitted with shaker-style units, complemented by integrated appliances including a double oven, electric hob, and fridge/freezer. Conveniently located off the kitchen is a utility area, providing additional storage and access to the large double garage. A cloakroom with a WC and basin completes the ground floor.

Ascending the elegant turned staircase, you arrive at a large first-floor landing. The principal bedroom is grand in proportion with a bay window to the front and feature fireplace. A dressing room adjoins the room and is served by a smart en-suite shower room. There are a further three double bedrooms on this floor, served by two modern bath/shower rooms. The second floor continues to impress with a further two double bedrooms and a cloakroom as well as a large games/snooker room in which the whole family can enjoy some friendly competition.

Extending to approximately one acre, the grounds are as captivating as the home itself. A generous patio extends from the rear of the house, ideal for entertaining and leading to a lush, level lawn perfect for recreation. A wooded area at the rear of the plot adds an element of adventure for children to explore. The front of the property features expansive lawn with rose beds and a sweep-in driveway provides ample parking and gives access to the double garage.

THE LOCATION The Webb Estate was conceived and constructed by William Webb who acquired the land in 1888. When Croydon Municipal Tramways reached Purley in 1901, the Estate was finally within commuting distance of London, bringing his vision a garden suburb for city men one step closer. The Estate is now a designated conservation area and has maintained its tranquillity and character for over a century.

Education
Purley and the surrounding areas are well known for their very good choice of reputable schools including Margaret Roper Catholic, St. Nicholas, Christ Church and Beaumont at primary level and preparatory schools to include Cumnor House, St. Davids and Laleham Lea. At senior level there is John Fisher and Woodcote and private sector senior schools in the area include Whitgift, Trinity, Old Palace and Croydon High. Local Grammar schools include Wallington County, Wallington Girls and Wilsons Boys.

Sports & Leisure
There are numerous facilities in the area including Purley Sports Club with its squash, cricket and tennis courts and there are two golf courses in Purley as well as a number of individual tennis and bowls clubs. There are also plenty of opportunities to relax and socialise in the many local restaurants and cafes.

Transport
Purley station provides rail services to London Bridge (from 25 minutes), London Victoria (from 24 minutes) and Gatwick (from 26 minutes) whilst Riddlesdown and Reedham will get you to London Bridge from 23 & 32 minutes and Victoria from 26 & 37 minutes respectively. Numerous bus services provide transport to all the surrounding and the M25/M23 intersection at Hooley is approximately 4-5 miles away. Gatwick and Heathrow Airports are within about 30 and 60 minutes drive respectively.

MATERIAL INFORMATION MATERIAL INFORMATION: Part B

PROPERTY CONSTRUCTION TYPE: Brick

MAINS ELECTRICITY: Yes - EDF
MAINS GAS: Yes - British Gas
MAINS WATER: Yes - SES
MAINS DRAINS & SEWERAGE: Yes - SES

HEATING FUEL: Gas
HEATING TYPE: Radiators
AIR CONDITIONING: No

PARKING: Private driveway
EV CHARGING: No
BROADBAND: Cable - Sky

MATERIAL INFORMATION: Part C

RESTRICTIONS/RESTRICTIVE COVENANTS: Restrictive covenants prohibit the sub-dividing of plots for the erection of a second dwelling and covenants restrict building within 10ft (3m) of the boundaries.
RIGHTS & EASEMENTS: N/A
FLOOD RISK: Very low

DETAILS OF PLANNING PERMISSIONS: N/A
DETAILS OF BUILDING REGULATIONS: N/A
BUILDING SAFETY: N/A
ACCESSABILITY/ADAPTIONS: N/A

COALFIELD/MINING AREA: No
DETAILS OF PROPOSED DEVELOPMENT IN THE AREA:


Features
  • Freehold

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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

£ 2415475

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
    £ 69875
  • 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

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£

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

£ 319225
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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