4 bedroom detached for sale

£1,650,000

4

Bedrooms

3

Bathrooms

Floorplan

THE PROPERTY Nestled within the exclusive and sought-after Webb Estate, this impressive four-bedroom detached home enjoys a commanding position overlooking the open expanse of Woodcote Green. The property sits on a generous third of an acre plot, with a beautifully maintained garden to the rear.

The home welcomes you with a spacious and elegant entrance hall, featuring a striking galleried landing that sets the tone for the rest of the property. At the front of the house, a versatile study offers the ideal space for home working, a cosy snug, or a playroom. The large formal dining room is perfect for entertaining, while the rear of the property hosts a substantial living room, complete with a feature fireplace and twin sets of doors that open out to the garden, creating a seamless indoor-outdoor flow. The well-appointed kitchen/breakfast room is fitted with timeless wall and base units and offers ample space for a breakfast table. French doors lead directly out to the patio, making it perfect for alfresco dining. Next to the kitchen is a practical utility room, offering additional storage and space for appliances. Upstairs, four generously sized double bedrooms each fitted with storage, provide ample accommodation for families and guests. The principal bedroom overlooks the rear garden and benefits from a walk-through dressing area leading to a spacious ensuite bathroom. A second bedroom also enjoys an ensuite, while the remaining two bedrooms are served by a family bathroom.

The easterly aspect rear garden stretches to approximately 140 feet and features a paved patio leading to a well-maintained, level lawn bordered by hedges, and mature trees to the rear. To the front, a private driveway provides off-street parking for multiple vehicles and a substantial garage sits to the side, which can be accessed through the utility room.

LOCATION The Webb Estate was conceived and constructed by William Webb who acquired the land in 1888. Covering approximately 260 acres, every road has its individual character. Furthermore, many of the roads, including Woodcote Lane are gated, only serving to enhance the privacy and exclusivity of this premier location.

Education
Purley and the surrounding areas are well known for their very good choice of reputable schools including Beaumont, Christ Church, Margaret Roper Catholic and St. Nicholas at primary level, together with Cumnor House, St. Davids and Laleham Lea. At senior level there are 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 further 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 Reedham, Carshalton and Wallington also provide fast services to London. Numerous bus services provide transport to all the surrounding areas and the M25/M23 intersection at Hooley is approximately 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: 285 mm thick cavity masonry

MAINS ELECTRICITY: Yes - Utility Warehouse
MAINS GAS: Yes - Utility Warehouse
MAINS WATER: Yes - SES
MAINS DRAINS & SEWERAGE: Yes - SES

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

PARKING: Private Driveway, Garage
EV CHARGING: No
BROADBAND: Cable - Utility Warehouse

MATERIAL INFORMATION: Part C

RESTRICTIONS/RESTRICTIVE COVENANTS: Property in a Conservation Area
RIGHTS & EASEMENTS: None
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: No
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

£ 1390700

Mortgage Loan to Value

%

Gross Yield

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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
    £ 41250
  • 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

£ 153200
  • 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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