5 bedroom semi-detached house for sale
Key information
Property description & features
- INVESTMENT OPPORTUNITY
- Two Split Level Maisonette's Occupying The Building
- Long Term Development Potential
- Exclusive To Frost Estate Agents
- LOW LEASES CAN BE EXTENDED
- FREEHOLD AVAILABLE TO PURCHASE
CASH BUYERS PREFERRED - INVESTMENT OPPORTUNITY - LOW LEASES WITH LEASE EXTENSION AVAILABLE - FREEHOLD PURCHASE OPTION - LONG TERM DEVELOPMENT POTENTIAL.
Frost Estate Agents are acting as sole agents on behalf of the executors for these two generous maisonette's, occupying the entire building found on a popular road in West Purley, currently arranged as;
Ground Floor Maisonette - 1,439 sq/ft - Current lease term 99 years from 16 November 1966. Ground Rent £5 per year not increasing
First Floor Split Level Maisonette - 1,604 sq/ft - Current lease term 99 years from 1 July 1966. Ground Rent £7 per year not increasing
Estimated leasehold extension costs circa. £110,000 per property – 90 years to be added to the existing terms.
Freehold purchase available at £225,000 as an alternative to the lease extension.
Purley provides a host of recreational, transport and shopping facilities on your doorstep. Living in Purley provides excellent transport links from its mainline station into Central London with Victoria, London Bridge and Farringdon, all reachable within half an hour. Purley is located where town meets country being close to stunning green open spaces of the Surrey Hills, there are numerous golf courses, additional places for outdoor recreation such as Kenley Common and Riddlesdown.
There are several excellent schools within close proximity including the very popular Wallington Girls, Wilson’s, Whitgift, John Fisher, Margaret Roper and St David's to name just a few. Purley town centre provides a range of shops & a large supermarket, restaurants & cafes, the Purley Way is accessible with is large superstores & retail outlets and Croydon town centre offers further facilities, amenities & entertainment.
Council Tax Band: D
Tenure: Leasehold
Lease Years Remaining: 41
Ground Rent: £12.00 per year
Ground Rent Review Period: 0 years
Ground Rent Increase: 0%
Service Charge: £0.00 per year
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Broadband availability and predicted speed: obtained from Ofcom on January 4, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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