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£3,950,000
Bedrooms
Bathrooms
SOUTH FACING CRACKER - A classic example of a Tarrant built home dating back to 1922, situated on a level plot of 1.192 acres facing South to the rear in a central and tranquil part of the Exclusive St Georges Hill private Estate, offering well presented accommodation of just under 5,000sqft spread over three floors.
Ridge House is a classic example of a Tarrant built home located in the heart of St Georges Hill , offering well presented family accommodation spread over three floors, enjoying character features of the Tarrant era yet with up to date refurbished facilities
Being on a flat plot of 1.192 acres the house offers possible scope for further enlargement or complete redevelopment with a replacement new dwelling, subject to the necessary consents being obtained
The house enjoys a great floor plan for family living. The spacious entrance hall leads to two large principal reception rooms with fire places and lovely views over the grounds. The large, well equipped kitchen/breakfast room leads through to a TV/family room, utility room and very large attached garage block and all the ground floor reception rooms overlook the delightful grounds
Upstairs, on the first floor, there are four double bedrooms overlooking the gardens , three with ensuite facilities, with master bedroom also enjoying its own walk in dressing room, with an additional large family bathroom
The top floor provides two further bedrooms both with ensuites as well as a fantastic games room, ideal for children or an office from home
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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