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65 High Street, Egham, Surrey
£775,000 Guide Price
Bedrooms
Bathrooms
A beautifully presented two-bedroom apartment within Mote House.
This property benefits from a spacious dual-aspect living room featuring large bay windows with
views across the grounds. The property boasts two double bedrooms with the main bedroom
benefitting form an ensuite bathroom and fitted wardrobes.
The Siematic Kitchen has integrated appliances and there is a further bathroom with a separate
bath and shower.
Near the village of Bearsted in Kent and situated in 450-acre Mote Park, Audley Mote House retirement village has 101 cottages and apartments. At the heart of the village is a beautifully restored Grade II' listed Georgian mansion served by a whole host of facilities/activities.
ADDITIONAL AMENITIES
As an owner at Audley Mote House you will automatically become a member of the Audley Club. This membership entitles you to use the facilities, including the restaurant, bistro bar, library, health and wellbeing centre, fitness suite and swimming pool.
Leasehold for a term of up to 125 years. There is an annual ground rent of 500. The current management charge (for the year ending 1st March 2024) is 1127.58 per calendar month, which includes a monthly credit of 92 in the restaurant / bar-bistro.
A deferred management charge also applies to this property.
Flexible Audley Care packages are available at an additional cost
Potential homeowners should make their own enquiries regarding internet availability. Broadband and 4G/5G speeds vary depending on the infrastructure available. Your new home at Audley will not necessarily be the same speed as the local area average shown by Rightmove
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.
65 High Street, Egham, Surrey
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