5 bedroom detached for sale

£1,300,000

5

Bedrooms

4

Bathrooms

Floorplan

THE PROPERTY Set well back from the road and situated on the sought-after west side of Purley, this impressive five-bedroom detached residence offers expansive accommodation ideal for family living. Perfectly positioned for access to highly regarded schools, this home also enjoys the convenience of Purley Town Centre and mainline station just a short drive away.

The property is introduced via a generous entrance hall with a striking turned staircase, setting the tone for the spacious layout beyond. To the front, a large formal dining room provides a perfect setting for entertaining, while to the rear, a beautifully proportioned L-shaped living room opens directly onto the garden, creating a seamless indoor-outdoor flow. The well-appointed kitchen/breakfast room is fitted with an array of base and wall-mounted units, integrated appliances, and a central island with gas hob and breakfast bar for casual dining. A door from the kitchen leads into a bright conservatory with direct access to both the front and rear of the home. The rear portion of the garage has been thoughtfully converted into a gym/games room-ideal for family recreation or fitness needs. There is a utility room with space and plumbing for a washing machine and dryer, as well as a useful boiler room. A cloakroom with W/C completes the ground floor.

Upstairs, the property offers five bedrooms, including two with ensuite shower rooms. One bedroom is currently configured as a home office, complete with built-in shelving, storage, and desk space. A well-appointed family bathroom and an additional W/C serve the remaining bedrooms.

Outside, the expansive 119-foot south-facing rear garden is mainly laid to lawn and enjoys excellent privacy. A large paved patio provides a perfect spot for outdoor dining and the garden also hosts a heated and enclosed swimming pool. The front of the property offers ample off-street parking via a sweeping driveway and a double garage.

THE LOCATION 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, Riddlesdown Collegiate 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: Mains - EDF
MAINS GAS: Mains - EDF
MAINS WATER: Mains
MAINS DRAINS & SEWERAGE: Mains

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

PARKING: Private Driveway and Garage
EV CHARGING: Yes - Private
BROADBAND: Yes - EE

MATERIAL INFORMATION: Part C

RESTRICTIONS/RESTRICTIVE COVENANTS: Not Known
RIGHTS & EASEMENTS: No
FLOOD RISK: Very Low

DETAILS OF PLANNING PERMISSIONS: None
DETAILS OF BUILDING REGULATIONS: Not Known
BUILDING SAFETY: Not Known
ACCESSABILITY/ADAPTIONS: Not Known

COALFIELD/MINING AREA: Not Known
DETAILS OF PROPOSED DEVELOPMENT IN THE AREA: Not Known


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

£ 1081450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

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
    £ 32500
  • 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

£ 106450
  • 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.

£

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
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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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This is the assumed rate of house price inflation.

Final Property Value

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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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