2 bedroom house for sale

£1,150,000 Guide Price

2

Bedrooms

2

Bathrooms

Floorplan

A rare opportunity to acquire this beautifully presented Penthouse apartment with two double bedrooms and an additional third bedroom/study. The property has been significantly enhanced by the current owners. It benefits from a stunning 45ft x 271f L-shaped terrace with impressive views over the ancient woodlands of Coopers Hill and the London skyline beyond. In a highly sort after position in the main house, within easy reach of the Bar/Bistro, the popular Langtons restaurant, owners library, lounge.

EPC rating: B
Council tax band: F - Runnymede

Tenure - Leasehold - 250 years from November 2019.

Set in Magna Carta Park with 67 acres gated development in the leafy village of Englefield Green. Originally a private residence is now home to a variety of apartments with extraordinary views over the surrounding landscape. The beautiful restored Victorian gothic building at the centre of the village houses the Audley Club with its health club, library and restaurant overlooking the landscaped grounds.

As an owner at Coopers Hill, you will automatically become a member of the Audley Club. This membership entitles you to use the facilities, including the restaurant, bistro bar, health and well being centre, fitness suite and swimming pool. There are also regular owners-only swimming sessions and a library.

Englefield Green borders Egham near Windsor and Runnymede with direct links to London, Heathrow airport is just 7 miles away with Windsor castle and Savill Gardens nearby.

Flexible care packages are available through Audley Care if required.

TENURE Leasehold for a term of up to 250 years from 2019. The current monthly management charge for the year beginning 1st March 2025 is 1,260.22 with a ground rent of 500 per year. There is also a deferred management charge when the property is sold - (full details are available)

GENERAL The measurements in these particulars are approximate and have been provided for guidance purposes only. The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.

PLEASE NOTE The extent of the property and its boundaries are subject to verification by inspection of the title deeds. All properties are covered by a building warranty for 10 years from the date of construction.

DISCLAIMER 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.

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

£ 950200

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
    £ 28750
  • 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

£ 87700
  • 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.

£

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    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

£

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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