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£2,750,000 Guide Price
Bedrooms
Bathrooms
The house is approached from the driveway and can be accessed from the garage or from the entrance hall on the first floor. This leads to the living space consisting of an open plan dining/family space and well equipped kitchen with a large island. There is a formal reception room with impressive views and doors opening onto the rear terrace.
The fourth bedroom is also on this floor with walk-in wardrobe and en-suite shower room. Above is the mezzanine area which is used as a study area/bedroom five and has an en-suite shower room and storage. The large principle bedroom, on the ground floor, features a walk-in wardrobe and en-suite bathroom with large walk in shower and a separate bath. There are two further double bedrooms on this floor both with en-suite bathrooms and all three bedrooms have double doors to the terrace. There is the added benefit of a cinema/play room on this floor. The fourth bedroom is on the first floor and also benefits from a walk in wardrobe and en suite shower room.
The garage is on the lower ground floor with space for several vehicles and includes a turntable for ease of vehicular exit. There is also a dumb waiter which goes up to the kitchen.
Outside
Sandy Ridge enjoys a secluded garden with patio terraces, which are ideal for alfresco dining and outside entertaining in the warmer months. Laid primarily to lawn there are flowerbeds and borders of tall trees and shrubs offering a high degree of privacy. To the front, there is a driveway with parking for a several vehicles, as well as access to the integral 366 garage.
Situation
Surrounded by peaceful woodland and mature countryside, Claygate is a haven for walkers and cyclists looking to get away from the hustle and bustle of the city whilst being in easy reach of Central London. Sought after due to the exceptional links to London and the community feel, Claygate has the perfect balance of rural living and convenience, with nearby Esher and Surbiton offering a wealth of individual shops and restaurants as well as more practical convenience stores for everyday essentials. Recreational activities are plentiful with Surbiton Golf Course, Elmbridge Rugby Club and Esher Cricket Club nearby. Claygate also has a wealth of green spaces with characterful public houses carefully placed to best enjoy the English Summertime or a cosy Winter meal by an open fire.
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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