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£2,195,000 Guide Price
Bedrooms
Bathrooms
Set back behind tall electric gates, this handsome detached property of quality which has been the subject of a comprehensive programme of extension and refurbishment. The exceptionally well-presented accommodation extends to in excess of 5,000 square feet and is laid out over three floors. Much attention has been paid to creating a stylishly presented, luxurious, family home, which as well as furnished with up-to-date technologies such as under floor heating, LED lighting systems, Control 4 home automotive programming and a Richer Sounds integrated sound system with Sonos speakers throughout, has wonderful touches such as a Tom Howley designed and installed kitchen, bespoke bath and shower rooms and lovely parquet floors to some areas. Reception rooms are gracious with the sitting room doubling up as a cinema room with Surround Sound, whilst the study has been furnished by bespoke cabinetry by Charles York. The bedrooms are all of excellent proportion and each enjoys the use of an ensuite bathroom. House with this much style are a rare find, and this house is sure to suit any discerning buyer who loves to entertain and impress.
Outside
Approached by two pairs of impressive wrought iron electrically operated gates via video entry intercom, which lead on to a wide brick paviour drive, the gardens to front and rear have been planted to provide year-round colour as well as for outdoor entertaining and family enjoyment. To the rear, terracing traverses the rear of the property and there is an area of level lawn as well as a childrens play zone. The detached gym has two sets of sliding doors and a shower room but could also be used as a home office. A hydro pool which can also be used as a Jacuzzi has recently been installed and the house also has CCTV and a Control 4 burglar alarm.
Situation
The house is situated on a premier road within easy reach of various shops and cafes as well as the station in nearby Belmont, which offers direct services into London Victoria. Cheam village is an historic and charming village with the site of the Henry VIIIs Nonsuch Palace and Nonsuch Mansion at its heart. Epsom, Banstead, Kingston and Wimbledon are all within easy driving distance. The village itself has a number of local shops, restaurants and coffee houses whilst there is a wide selection of schools in the area, most notably Nonsuch High School, Avenue Primary School, Sutton Grammar, Epsom College, Aberdour School and Chinthurst in nearby Tadworth. There are numerous highly regarded golf courses on your doorstep including Banstead Downs and Cuddington and the world-famous Epsom Downs Racecourse is within easy reach, as are the green open spaces of the North Downs.
Property Ref Number:
HAM-59096Your 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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