6 bedroom detached for sale

£1,450,000 Guide Price

6

Bedrooms

3

Bathrooms

Floorplan

Lanthorns is a rarely available and spacious six bedroom
three bathroom detached house in popular Ashtead
measuring over 2800sq feet and set on a wonderful
0.29 acre plot. It offers superb interconnecting living
space with double doors from the family/cinema room
opening onto both the dining room and the sitting
room (all of which are a generous size) making it ideal
for families and entertaining. Also on the ground floor
is a kitchen with plenty of work and storage space, an
office or play room, and a utility room containing the
guest WC. On the first floor is the main bedroom with a
dressing room and an ensuite Jack & Jill shower room,
three further bedrooms and a family bathroom with
both a bath and a shower, and two further bedrooms,
an ensuite bathroom, and a study on the top floor.
Large windows in each room flood the house with light
and it has a bright, neutral dcor throughout, as well as
sought-after features including wooden floors, woodburning stoves and exposed brickwork. Whilst already a good size, theres plenty of scope to further extend the
house if needed, subject to the usual consents.

Outside

Patio doors from the family/cinema room and dining
room open onto a full width decked patio - ideal for
alfresco dining - which leads onto a lovely 110 lawned
garden bordered by mature trees and hedges offering
security and privacy. The sitting room opens onto a
secluded side garden with a loggia. There are a wide
variety of plants, flowers and shrubs in the well-stocked
garden, and its a lovely space for children to play, as well
as various outdoor activities. To the front is a graveled
carriage driveway offering parking for numerous
vehicles.

Situation

Lanthorns is located in sought after Farm Lane. Both Ashtead Village and Epsom are close by, offering a wide range of retail outlets & restaurants. Train services provide excellent commuter links to London, and the M25 provides easy access to London Airports. The area offers superb schooling options in both the state and private sectors (City of London Freemens school, Epsom College, Downsend, Rosebery & St Andrews amongst others) and outstanding primary schools.

Property Ref Number:

HAM-60807

Features
  • Freehold

Map location is not available for this property.

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

£ 1212700

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
    £ 36250
  • 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

£ 125200
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message