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£1,650,000 Guide Price
Bedrooms
Bathrooms
Detached five bedroom, two bathroom family house, available with no onward chain. Walking distance of both the International and Cobham Free School. Accommodation approaching 3000 sq ft in quiet residential road.
(Property Ref: P00072)
SITUATION AND DESCRIPTION
Detached five bedroom, two bathroom house, situated at the end of a quiet residential close in the popular Fairmile area of Cobham. The accommodation provides circa 3000 sq ft, with three generous reception rooms and further potential to extend. The impressive frontage is partly lawned with ample driveway parking and access to double garage.
Fairacres is a particularly popular location being within walking distance for those with children at the International School or Cobham Free School.
RECEPTION HALL
4.24m x 4.19m (1310' x 138')
Spacious entrance hall with understairs storage
CLOAKROOM
Low level w.c. wash hand basin
SITTING ROOM
8.26m x 4.23m (271' x 1310')
Dual aspect with bay window to front, french doors to garden, parquet flooring, feature fireplace with gas fire.
DINING ROOM
4.24m x 3.92m (1310' x 1210')
Wood flooring, french doors to garden.
FAMILY ROOM / STUDY
4.39m x 4.22m (144' x 1310')
Front aspect, parquet flooring
KITCHEN
4.24m x 3.5m (1310' x 115')
Range of cupboard and drawer base units with worktops over and generous wall cupboard storage, integrated fridge freezer, dishwasher and oven and grill, induction hob with extractor over. Stainless steel 21/2 bowl sink .
UTILITY ROOM
Range of units with stainless steel sink and space and plumbing for washing machine and drier. Door to garage and door to side garden. Hot water cylinder and boiler.
DOUBLE GARAGE
5.65m x 4.87m (186' x 1511')
Up and over door with power and light, door to rear.
STAIRS TO FIRST FLOOR LANDING
Airing cupboard
MASTER BEDROOM
4.91m x 4.25m
Range of fitted wardrobes.
ENSUITE SHOWER ROOM
Oversized shower, low level w.c. with concealed cistern, vanity unit with under-mounted sink and cupboard storage.
BEDROOM TWO
5.12m x 4.26m (169' x 1311')
Fitted wardrobes
BEDROOM THREE
4.59m x 4.25m (150' x 1311')
Range of fitted wardrobes
BEDROOM FOUR
4.27m x 2.89 (140' x 95')
Range of fitted wardrobes
BEDROOM FIVE
3.58m x 2.3m (118' x 76')
Front aspect
FAMILY BATHROOM
Panel enclosed bath, pedestal wash hand basin, separate shower cubicle and low level w.c.
GARDEN
The garden is notable for its privacy, with mature shrub and tree boundaries, the patio leads to generous lawns with a secluded area ideal for a Summer House.
Energy Efficiency and Environmental Impact
Map location is not available for this property.
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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