7 bedroom detached for sale

£2,850,000 Guide Price

7

Bedrooms

6

Bathrooms

Floorplan

Built in 2019 as part of a small development of just two exclusive properties and situated in a sought-after location within the charming village of Chipstead, Hedgeside is a superb example of the seamless marriage of twenty-first century design and technology with the symmetry of handsome, classical forms of architecture. Exteriors are of red brick under a pitched, tiled roof with double-glazed sash windows and bi-folding doors to the rear. Arranged over four floors, the expansive accommodation extends to approximately 7332 square feet of well-planned living and entertaining space, finished to an exacting specification. Control 4 home automotive systems, integrated ceiling speakers, under floor heating, programmable mood and LED lighting combine with features such as a sweeping, cantilevered central staircase, porcelain and marble flooring and deep pile carpets, luxurious bath/shower rooms, specially commissioned bespoke kitchen cabinetry and a stunning leisure suite, to create an exceptional, contemporary family living experience. A wide and welcoming reception hall forms an architecturally interesting aspect of the staircase which impressively spirals above and below and where a cracked ice marble wall feature is backlit by LED lighting. Reception areas are both formal and open-plan, allowing for free flowing movement within and fabulous far-reaching views to the rear through the large windows and glazed doors. Kitchen cabinetry has been especially commissioned in a sophisticated style with granite work surfaces and a generous central island unit. Integrated appliances are by Miele with over-sized fridge and freezer by Fisher and Paykel, Quooker hot water taps, barista style coffee machine, wine cooler and a champagne cooler built in to the work surface. Access to the roof terrace is directly from the kitchen and is an ideal space for eating alfresco and for taking in the view. At garden level is a fine leisure suite where a large, hydrotherapy pool has under water lighting and UV filtration, the gymnasium has a mirrored wall and a steam room, whilst the cinema room has full Control 4 automotive capabilities and recessed lighting.

Outside

Approached via a pair of electric gates, the drive sweeps down to a parking and turning area in front of the house and garaging. Gardens to the front and rear have been landscaped to provide year-round interest as have two sets of electric awnings with lighting - and include terracing and lawned areas with exterior lighting. A mains gas supply has been installed to the fire pit area, which also has a wall feature with power points for external television viewing.

Situation

The property is situated in the village of Chipstead which dates back to the Domesday Book and has retained much quaint village character with some traditional shops, pubs and St Margarets church. The larger nearby towns of Banstead and Epsom have a larger selection of stores and supermarkets. Schooling in the area is very good indeed and includes primaries in Chipstead and Woodmansterne, Abedour School, Chinthurst and Epsom College. There is a good selection of golf clubs in the area including Chipstead Golf Club, Kingswood, Coulsdon Manor and Woodcote Park. There is horse racing at Epsom Downs, tennis clubs in various locations as well as soccer, rugby and hockey clubs, while nearby Chipstead train station offer direct routes into London Bridge in 45 minutes.

Property Ref Number:

HAM-56311

Features
  • Freehold

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

£ 2464700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 71250
  • 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

£ 327200
  • 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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