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£2,750,000
Bedrooms
Bathrooms
This detached family home is situated in a gated plot measuring approximately 0.7 acres and is set within beautifully landscaped grounds.
Entry to the house is via a storm porch, opening into an impressive reception hall leading to a large conservatory with French doors onto the terrace, the kitchen/breakfast room offers an extensive range of fitted units and inter-grated appliances with French doors to the rear terrace. Elsewhere on the ground floor is a sitting room with patio doors to the rear garden, a family room, a study to the front and a utility room. In addition, there is a large fully fitted study with fireplace with views overlooking the gardens.
On the first floor there are five bedrooms, an en suite bath/shower room and dressing room to the principle bedroom, bedroom two with en suite bath/shower room, three further bedrooms and a family bathroom.
Outside, the front and rear gardens have been beautifully landscaped. To the rear there is a outside kitchen/BBQ area, a gym/outhouse and a swimming pool. To the front is a large gated carriage driveway with access to the garage.
The house offers huge potential with accommodation totalling 5790 square feet and is set on a premier private road on the Kingswood Warren Estate. The property is offered to the market with no onward chain.
This superb family home is situated in Kingswood village which provides a comprehensive parade of local shops and restaurants including a convenience store/post office, Coughlans bakery, hairdressers, beauticians, The New Khyber Indian restaurant and The Kingswood Arms public house.
Locally there is a wide choice of state and independent schools including Chinthurst, Aberdour, and Tadworth Primary, whilst further afield are City of London Freemans, Reigate Grammar, Epsom College, St Johns in Leatherhead, Whitgift School in Purley and Caterham Schools.
In terms of transportation, Kingswood Station is within easy walking distance and provides services into London Bridge of approximately 45 minutes. The M25 is accessed via Junction 8, 1.7 miles to the south, providing connections to the wider motorway network, whilst for the frequent flyer both Gatwick and Heathrow airports are within reach.
For golfers, there is choice a plenty with world-renowned golf clubs nearby including Kingswood Golf and Country Club, Surrey Downs, Walton Heath, The RAC Golf Club and the exclusive Beaverbrook Golf Club in Leatherhead. Horse Riding schools and stabling can also be found in Kingswood, Chipstead, Tadworth and Walton on the Hill. For racket enthusiasts, Kingswood Tennis Club in situated nearby on The Glade.
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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