5 bedroom detached for sale

£1,550,000 Guide Price

5

Bedrooms

3

Bathrooms

Floorplan

A beautifully presented family home, set on the edge of this popular village adjoining Ashdown Forest and the golf course.


Hall, Cloakroom, Sitting room, Kitchen/breakfast room, Family room, Utility room
Bedroom 5/ playroom, En-suite shower room
Landing with balcony, Principal bedroom with en-suite shower room, 2 further bedrooms, Family bathroom, Bedroom 4/dressing area
Cellar, Garage with carport and garden store, Attractive garden with terracing and lawn, Home office

Property
The house is set in a wonderful quiet location off Tompsets Bank adjoining the Ashdown Forest. A paved path leads up the front door, which is beneath the balcony, and opens into the hall with white-soaped, wide plank conifer flooring and staircase. The sitting room is a lovely, spacious room, and has an open fire. The kitchen/breakfast room has Bulthaup fitted wall and floor units, stainless steel work surfaces, an electric Everhot range with 4 ovens and 2 hobs. There is an island unit with sink, dishwasher and 2 drawer fridge. Other built-in appliances include large fridge/freezer and a Gaggenau coffee maker. There is a tiled floor in kitchen area and wooden flooring in the breakfast area, which also has a sliding door to the terrace and door to cellar. The family room has fitted shelves, bifold doors to the terrace and a wood burning stove. Next to the family room is bedroom 5 which has an en-suite shower room. The bedroom could also double as a play room. There is also a cloakroom and utility room both of which are well appointed.

On the first floor the landing with bamboo flooring, which runs into all the bedrooms, has a door to the balcony with a view to Ashdown Forest and is open to a dressing area/bedroom 4. The spacious principal bedroom has a well appointed en-suite shower room. There are 2 further bedrooms, both with built in wardrobes and one has a wash basin. There is a family bathroom and a laundry room.

Outside
There is a parking area in front of the garage which has a carport and a garden store. Attached to the side of the garage is a home office. The garden is enclosed by hedging giving a high degree of privacy. It is an attractive cottage garden divided into compartments with areas of lawn and 2 separated paved terraced areas.
Tenure, Local Authorities and Services
Freehold. All mains services. Solar panels. Gas fired central heating. Wealden District Council: . East Sussex County Council: . Council tax band G.

Directions
From the centre of Forest Row take the B2110 Hartfield Road and after about mile turn right into Chapel Lane. Proceed to the top of the hill onto Tompsets Bank and take a track on the left after 300 metres. The house is on the right after about another 300 metres.

Local Amenities and Communications
The A22 runs through the centre of the village providing good access to the M25 and London. The railway station at East Grinstead offers services to London Bridge/Victoria in about 54 minutes. Gatwick is about 13 miles away.

Forest Row has good local amenities, restaurants, golf and sports clubs. East Grinstead and Tunbridge Wells have a further range of shops, transport and recreational facilities. There is an excellent selection of schools in the surrounding area, particularly Michael Hall School within walking distance. Ashdown Forest is the largest free public access space in the South East. It is a great place for walking and enjoying spectacular views over the Sussex countryside. Horse racing can be found at Lingfield Park. Water sports are available at Weir Wood reservoir.

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

£ 1301200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 38750
  • 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

£ 138700
  • 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.

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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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