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£1,650,000 Guide Price
Bedrooms
Bathrooms
This beautifully presented and wonderfully light and airy five bedroom detached house in a gated development of just 5 houses is being resold for the first time since it was built in 2010. Measuring over 4700sq feet, it has several reception rooms which offer exceptional and flexible living space including a living room and family room with Juliette balconies overlooking the garden, and theres a superb study with bespoke wooden cabinetry and storage. The garden level has a contemporary kitchen breakfast room with high-spec appliances, a separate dining room and a sun room with lovely garden views, perfect all year round! Also on this floor is a spacious games room or gym and a storage room filled with shelving, ideal for easily accessing everything that would otherwise fill a loft. On the upper floor, the main bedroom has a vaulted ceiling that adds to the sense of space, a wall of built-in wardrobes and a smart ensuite bathroom with a separate bath and shower. There are four further good-sized bedrooms - two of which also overlook the garden and have fabulous views towards Banstead Woods and three with ensuite facilities - with all but one also containing built-in wardrobes. The house has an elegant and stylish dcor throughout and many of the fixtures and fittings may be included subject to negotiation. This is the ideal long-term home for any discerning buyer looking for a property with a real wow factor.
Outside
To the front of the house is a lawned garden and parking for several cars in addition to the garage. Three sets of double doors on the garden level open onto a generous low maintenance rear garden with a patio area to the left which, being south west-facing, benefits from sun throughout the day and well into the evening. Its bordered by a variety of flowers, shrubs and plants and theres a row of mature trees beyond the patio.
Situation
Longridge View is a private gated development located just off Hazelwood Lane which runs from Chipstead High Road into the sought-after village of Chipstead containing a small parade of shops, pubs and a direct train service into London Bridge and Victoria (from 52 minutes). A pathway to the side of the development takes you straight down to the Ramblers Rest pub! The area has some lovely countryside walks including Banstead Woods set opposite the house. Nearby is access to the A23, which links to the M23 and the M25, and there are a wide array of shops, restaurants and leisure facilities in Banstead and Coulsdon.
Property Ref Number:
HAM-61284Map location is not available for this property.
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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