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£2,500,000 Guide Price
Bedrooms
Bathrooms
Occupying an enviable, Green Belt position close to both the charming village of Old Oxted and the vibrant town of Oxted, a handsome, detached house of character surrounded by its own landscaped gardens. Displaying distinctive external elevations of red brick with some tile hanging or herringbone brick detailing at first floor level, under a pitched tiled roof with gable ends, the house dates from the 1920s and retains the gentility of the original architecture, reflecting the Arts & Crafts revival style. Subsequently extended, the present owners have been mindful to enhance the period detailing and have maintained the property very well indeed. Features such as the oak framed windows have been carefully upgraded with double glazing, whilst the handsome oak internal doors and staircase have been complimented by polished oaks flooring in the reception hall and dining room. Accommodation within the house is arranged around a fine reception hall on the ground floor and a spacious landing on the first, extending to 2,915 square feet. The two principal reception rooms are large and bright, each with imposing fireplaces (at present the flue in the sitting room is closed off) and enjoying a dual aspect with oversized windows allowing for lovely views of the gardens. Furnished in a sleek and contemporary style, the kitchen/breakfast room is comprehensively fitted with wall and base units and integrated appliances by Bosch and AEG. From here, a wide opening leads directly to a spacious conservatory/dining room, which has glazing to two sides as well as the roofline. Elsewhere on this level is an office, a cloakroom and the laundry room. Laid out across the first floor are four, excellently proportioned bedrooms - two with en-suite shower rooms together with the family bathroom. A large loft area could provide additional bedroom space, subject to all required building controls.
Outside
The house sits in a discreet position off Sandy Lane and is approached via a pair of electric gates, opening on to a long drive that sweeps through the park-like grounds, past the garage and on to the house itself. The gardens are marvellous, landscaped keeping in mind the natural surroundings of the beautiful Surrey countryside, whilst at the same time providing seclusion and year-round interest. Lawns are well-tended, herbaceous borders colourful, trees are tall and magnificent. The pool is surrounded by its own terracing and separated by mature hedging. To the northern side of the house is a lightly wooded area with lawn overlooking the adjoining countryside. Detached from the main house is a substantial garage building, which provides covered parking and a workshop, along with a studio annexe that has a kitchenette and a shower room.
Situation
Sandy Lane is a discreet, residential location yet within the Green Belt, a short walk/drive (approx. 0.3 miles) from Old Oxted village. A quaint, medieval settlement, Old Oxted has a variety of homely and popular public houses and a few local shops. A thriving and vibrant town, Oxted is about a mile away and has an excellent selection of local stores, cafes, restaurants, supermarkets and banking facilities along with a Leisure Centre with swimming pool and an Everyman cinema. Fast rail services into London Victoria (from 38 minutes) and London Bridge (from 34 minutes) can be accessed from the station travelling via East Croydon from where trains to Gatwick van be picked up, and for road users, J6 of the M25 is about 3 miles away. The area is renowned for its choices in educational establishments in both the state and private sectors, at primary and secondary levels including Limpsfield Primary School, Oxted County School, Hazelwood School, Caterham School and Woldingham School for Girls. There are many sporting venues with local rugby, cricket and football clubs, golf at Tandridge and Godstone, tennis and squash at Limpsfield.
Additional Information
Tenure: Freehold
Services: All mains services.
Local Authority: Tandridge District Council.
Council Tax Band H
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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