2 bedroom flat for sale

£2,000,000 Guide Price

2

Bedrooms

2

Bathrooms

Floorplan

Park Hill Drive is a private, gated development of just eight houses and 22 apartments set in a secluded 45-acre estate of private woods and parkland.
Approached via the main apartment building with its stunning double-height entrance lobby, central staircase and two lifts that access all floors.

The apartment itself is accessed via a beautiful and welcoming reception hall with space for sofas, tables and even a baby grand piano, stunning wood floors, recessed lighting and bespoke finishes set the standard for the rest of this amazing apartment. The kitchen/breakfast/dining/living room is absolutely wonderful, and the spaces are naturally zoned. The kitchen offers a range of bespoke cabinetry, integrated appliances and marble work surfaces with a central island providing a breakfast bar, hob and work surface. The remainder of the room naturally divides into living and dining zones all complimented by bespoke joinery. A set of three double French doors open on to the generous balcony terrace that offers space to dine and entertain in the warmer months.
The principal bedroom is the embodiment of luxury with a sleek bathroom with walk in shower and double sinks, there is a truly remarkable dressing room with floor to ceiling storage as well as additional cupboards in the entrance way of the bedroom. The second bedroom has a lovely ensuite shower room with walk in shower as well as a range of built in wardrobe and a built-in desk unit that can serve as a work or study space.
A guest WC, storage cupboards and a utility room complete the accommodation.

This apartment benefits from two underground car parking spaces, the use of the residents private gym and separate, lockable storage room.

Outside

There are stunning manicured communal gardens set in a secluded 45-acre estate of private woods and parkland.

Situation

Cobham is a picturesque village, situated in the borough of Elmbridge, which displays rural scenery, an abundance of eateries and shops, and excellent access links. Steeped in history, the first recorded Cobham settlement extends back to the iron-age, and the area also includes Cobham Mill, one of the only working water mills left in Surrey. A variety of both state and private schools scatter the Cobham area, such as Reeds School, The ACS Cobham International School, Cobham Free School, Parkside School and St Andrews Primary as well as both Danes Hill and Royal Kent Primary in Oxshott. In addition, Cobham possesses two large supermarkets: Sainsburys and Waitrose, so theres no need to travel far to sort out the weekly shop. Weekends can be spent rambling across Downside Common and ending up at The Cricketers Pub or cheering on the teams at Cobham Rugby Club. Equally, the high street is the perfect way to spend an afternoon: browsing boutiques and dining in both independent and chain cafes, restaurants, including the Ivy, and pubs.
The M25 and A3 are on Cobhams doorstep and both Oxshott and Cobham Stoke DAbernon train stations both provide a regular service into central London.

Property Ref Number:

HAM-57554

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Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1703950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 50000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 203950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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