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£575,000 Guide Price
Bedrooms
Bathrooms
Located in a sought-after Chipstead cul-de-sac this three-bedroom, Georgian-style townhouse is chain-free and comes to the market with its own integral garage and impressive views of Banstead Woods.
The ground-floor features an integral garage, entrance hall, W.C and utility room. The first-floor benefits from an impressive-sized lounge/diner, kitchen and balcony while the second-floor features three bedrooms and a bathroom.
The beautifully-kept rear garden has a secluded feel to it and is the perfect place to entertain guests.
Chipstead Railway Station is within good proximity, offering swift and easy access to London Bridge, while the M23/M25 interchange at Hooley provides easy access to the South Coast, Gatwick Airport and the national motorway network. Shops and amenities can be found on Banstead High Street and Chipstead Parade.
There are also a number of golf courses in the local vicinity including Chipstead, Surrey Downs, Coulsdon Court, Woodcote Park and Kingswood while there are also a number of local sports clubs and leisure facilities. Coulsdon and the surrounding area also include a range of highly-rated schools including Chipstead Valley Primary School, Smitham, Woodcote Primary School and Woodcote High School as well as there being a number of popular independent schools.
Entrance Hall - The entrance hall includes tiled flooring, radiator, dado rail, coved ceiling and stairs ascending to first-floor.
W.C - The W.C includes low-level W.C with dual-flush, chrome heated towel rail, double-glazed single-casement opaque window, wash-hand basin with mixer tap and tiled floor.
Utility Room - The utility room includes tiled flooring and space for washing machine.
Garage - The integral garage includes up & over door, power & lighting.
Lounge/Diner - The lounge/diner is dual-aspect and includes double-glazed four-casement Georgian-style window, two double-glazed Georgian-style windows, two radiators, double-glazed glass-panel Georgian-style door leading to balcony, dining area, double-glazed glass-panel Georgian-style double-doors leading to rear garden, coved ceiling, down-lights and stairs ascending to second-floor.
Balcony -
Kitchen - The kitchen includes wall & base level units with work surface area, four-ring electric hob with oven and concealed extractor hood, partially-tiled walls, tiled floor, double-glazed two-casement Georgian-style window, one & a half bowl sink with drainer, coved ceiling and down-lights.
Rear Garden - The rear garden includes a patio area and is partially laid to high-quality artificial grass. Features include an electric canopy, shed and a range of plants & shrubs.
Landing - The landing includes cupboard and loft hatch.
Bedroom One - Bedroom one includes impressive views over Banstead Woods, double-glazed three-casement Georgian-style window, fitted wardrobes and radiator.
Bedroom Two - Bedroom two includes double-glazed three-casement Georgian-style window, fitted wardrobes and radiator.
Bedroom Three - Bedroom three includes double-glazed two-casement Georgian-style window, vinyl flooring and radiator.
Bathroom - The bathroom includes tile-enclosed bath, thermostatic shower with hose attachment, tiled floor, tiled walls, chrome heated towel rail, low-level W.C with dual-flush & concealed cistern, wash-hand basin with stainless-steel mixer tap, frosted-effect double-glazed two-casement Georgian-style window, extractor fan and down-lights.
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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