4 bedroom detached for sale

£1,500,000 Guide Price

4

Bedrooms

3

Bathrooms

Floorplan

Surrounded by Surrey countryside and well positioned on a plot of just over an acre is this beautifully presented detached family home. Approached across private driveway the main house offers 4 double bedrooms and 3 reception rooms whilst a separate annex includes accommodation comprising of 2 double bedrooms 2 bathrooms and a very well proportioned 23 ft reception room.
The internal layout is generous in size with a high degree of flexibility and extends to over 2700 square feet, laid out over the ground and second floor. Of particular note is the 26ft reception room with log burner that leads to a bar area that is an ideal space for year round entertaining, a formal dining room to the front of the property and an extended sitting room to the rear that offers bi-folding doors to the patio.
A charming country style kitchen is found at the centre of the home with a range of shaker style cabinetry and wall units complemented by wooden ceiling beams that add to the character of the room.
The detached annex is a superb addition offering over 1200 square feet of accommodation. The ground floor reception room continues the style of the main house with block wood flooring, wooden ceiling beams, a bay window and a log burner. There is a well proportioned kitchen and a guest W/C. Upstairs are two double bedroom with dual aspect views plus a shower room.

Outside

Off road parking to the front for numerous vehicles along a private gated driveway allows for a secure setting. To the rear is an open and sizeable garden that is mainly laid to lawn and is bordered by mature trees and shrubbery creating a wonderfully secluded position. A centrally located patio that is accessible from the bar and the sitting room offer pleasant views across the plot with room for a seating/ entertaining area perfect for enjoying the late sun. There is an outbuilding that is currently in use as a gym but could be simply converted for other purposes as required.

Situation

Stansted Borough is situated to the south of the village of Godstone with its picturesque village green and pond, local shops and a selection of inns and restaurants. There is a wealth of surrounding countryside, including nearby Godstone Farm that is ideal for families. Caterham and Oxted are both located within a few miles of the property offering more extensive shopping, supermarkets, cinema and leisure facilities. The M25 and M23 are easily accessible offering ease of travel to Gatwick and Heathrow as well as the channel tunnel. Local schools at Blindley Heath and South Godstone, Oxted and a number of popular private schools including Lingfield College, Woldingham, Caterham and Reigate Grammar.

Property Ref Number:

HAM-4799

Additional Information

Tenure: Freehold
Services: Private Drainage, Mains Electricity and Mains Gas.
Local Authority: Tandridge District Council. Council Tax Band

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

£ 1256450

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 37500
  • 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

£ 131450
  • 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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