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£799,950
Bedrooms
Bathrooms
Offered for sale with no on going chain.
Eastons are thrilled to bring to the market this spacious five bedroom detached bungalow.
Located in the highly desirable Epsom Downs area, this spacious 5-bedroom detached bungalow offers a rare opportunity for those seeking a generous home with huge potential in a prestigious setting.
Set on a substantial plot, the property features a large rear garden, ideal for families, outdoor entertaining, or future landscaping. A vast driveway provides ample off-street parking for several vehicles, with scope for further development (STPP).
Inside, the bungalow offers flexible and well-proportioned accommodation throughout. The bright and airy lounge benefits from patio doors opening directly onto the rear garden, seamlessly blending indoor and outdoor living. There are five bedrooms, a family bathroom, kitchen, and reception areas, offering plenty of room for modern family life.
While the property would benefit from modernisation, it represents a fantastic opportunity to create a truly bespoke home.
Situated close to Epsom Downs Racecourse, open countryside, excellent schools, and transport links, this property offers the perfect balance of convenience and tranquillity.
Property
Offered for sale with no on going chain.
Eastons are thrilled to bring to the market this spacious five bedroom detached bungalow.
Located in the highly desirable Epsom Downs area, this spacious 5-bedroom detached bungalow offers a rare opportunity for those seeking a generous home with huge potential in a prestigious setting.
Set on a substantial plot, the property features a large rear garden, ideal for families, outdoor entertaining, or future landscaping. A vast driveway provides ample off-street parking for several vehicles, with scope for further development (STPP).
Inside, the bungalow offers flexible and well-proportioned accommodation throughout. The bright and airy lounge benefits from patio doors opening directly onto the rear garden, seamlessly blending indoor and outdoor living. There are five bedrooms, a family bathroom, kitchen, and reception areas, offering plenty of room for modern family life.
While the property would benefit from modernisation, it represents a fantastic opportunity to create a truly bespoke home.
Situated close to Epsom Downs Racecourse, open countryside, excellent schools, and transport links, this property offers the perfect balance of convenience and tranquillity.
Location
Epsom is situated on the outskirts of London on the edge of Epsom Downs, famous for its racecourse, which plays host to the Derby. With a colourful local market every week and an abundance of leisure activities, restaurants and bars, Epsom really does offer variety that caters for the traditional and the trendy.
Surrounded by local villages that epitomise quaint Englishness, the area provides an idyllic position from which to be entertained by the many activities that happen every week around the local area; alternatively, the serenity and abundance of flora and fauna can be explored in the many parks and open spaces.
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.
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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