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£1,150,000 Guide Price
Bedrooms
Bathrooms
No onward chain.
Extravagant and spacious detached family home located in the very sought after location of The Ifold Estate. The accommodation boasts a spacious entrance hall with stairs to the first floor, cloakroom, study, bedroom with en-suite and the open plan kitchen/dining room/family room. The study has a wonderful dual aspect room, adjacent is the fifth bedroom with en-suite shower room. The kitchen/dining/ family room is a wonderful entraining space with ample cupboards, a central island with space for dining, integrated double oven, fridge and freezer, induction hob and extractor fan, solid wood worktops, with a triple aspect view over the garden and two sets of French doors with underfloor heating. The utility room has a pantry cupboard and room for a washing machine and tumble dryer and a door leading to the garden.
The first floor has a galleried landing, with access to all the bedrooms and the family bathroom. The main bedroom has a walk-in wardrobe and an en-suite shower room, bedroom two and four overlooks the garden which also has eaves storage whilst bedroom three overlooks the front with further eaves storage. The family bathroom is fitted with a separate shower cubicle, bath, wash hand basin and W.C.
The rear garden is secluded with an area of patio and decking to the side. To the front the property offers a double brick built detached garage and a driveway providing parking off road for several vehicles. In addition the property benefits from underfloor heating to the ground floor, and automatic exterior lighting. An internal inspection is highly recommended to appreciate this spacious family home built to a very high standard
Location
Ifold is a very pleasant private development enjoying a semi-rural location with a pleasing mix of properties. Local facilities include a village shop serving the Ifold area, with further village shops available in Loxwood and Plaistow, both of which have primary schools. More extensive facilities can be found at Billingshurst which lies approximately five miles away, including a range of banks, shops and leisure complex with a recently constructed swimming pool. Billingshurst also has a mainline railway station with a fast and frequent service to London Victoria (approximately 65 minutes). The larger provincial centres of Horsham and Guildford are approximately 13 and 15 miles respectively.
Freehold
Council Tax Band: tbc
EPC: B
Estate fees: 210.00 P/A
All information supplied by the sellers to the best of their knowledge.
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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