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£949,950
Bedrooms
Bathrooms
Located within walking distance of Epsom Downs this bright and spacious, 3-bedroom, 3 reception room detached family house sits on a bold corner plot, surrounded by gardens on 3 sides and planning consent for a double story side extension.
Property
A truly fantastic opportunity to purchase a detached family home that can grow with your family needs.
This 3-bedroom detached family home sits on a corner plot with drive access onto Shawley Way and pedestrian access to Walkfield Drive. With gardens on 3 sides there is always a spot with sun in the garden and enormous layout options.
The bright and spacious lounge is triple aspect with feature fireplace, leading to the conservatory and gardens beyond. The dining room is dual aspect with fireplace and both rooms and hallway feature beautiful, polished parquet flooring.
The good-sized kitchen leads to a utility area, storerooms and access both the front and rear of the property. There is a downstairs WC.
Upstairs there are 3 bedrooms and a bright, tiled family bathroom.
Outside the gardens are laid out in 3 distinct areas; the drive, providing parking for 4 cars, is accessed through remote controlled electric gates and there is a video entry system on the pedestrian access.
A particular feature of this property is that it benefits from a full planning consent for a 2-story extension to the easterly side and there are numerous opportunities to construct additional garaging and cabins (subject to normal constraints). Full details of the consent and UI images of the extension are available.
Location
Walkfield Drive lies to the north of the busy parade of Tattenham Corner and is a short walk from Epsom Downs & Racecourse, home to the World Famous Derby and the recently refurbished Tattenham Corner pub with panoramic views over the downs and miles of open countryside beyond.
Tattenham Corner has a main line BR station, Medical Centre, Library, Supermarket, Post office catering to all your daily needs and also within walking distance whilst Merland Rises sports centre is under a mile away.
More comprehensive shopping can be found in the market town of Epsom or the bustling village of Banstead; there are numerous golf courses, miles of open countryside and an excellent selection of both state and private schools in the area
Money Laundering Regulations
Due to updated regulations any potential purchasers will be asked to provide two formal copies of identification prior to agreeing the sale. Your assistance will help to ensure the sale can progress in a timely manner.
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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