5 bedroom detached for sale

£2,000,000 Guide Price

5

Bedrooms

4

Bathrooms

Floorplan

A beautifully presented family house close to Ashdown Forest and Forest Row.
Living room, Study, Snug, Kitchen/dining/family room, Media room.
Utility room, Cloakroom, Hall.
Principal bedroom with dressing room and en suite shower room, Guest bedroom with en suite shower room, 3 Further bedrooms, Family bathroom, Shower room.
2 bay barn style garage with store room, Gardens with terracing, lawn, Swimming pool with pool room, Gym, games room and workshop, Paddock.

About 2 acres.
Property
A covered entrance porch has a front door opening into the hall where there is a built in cupboard. Off the hall is a good size study and a living room which is excellent for entertaining. It has dado panelling and a wood burning stove. There is a snug which has French doors to an enclosed courtyard. Beyond is the kitchen/dining room/family room which is wonderful space with 3 sets of bifold doors leading out onto the terrace. It has fitted wall and floor units, quartz worktops, an island unit with breakfast bar. The built in appliances include a rangemaster with 5 gas hobs, 2 ovens, grill and warming drawer, fridge/freezer, dishwasher and microwave. Off the kitchen is a utility room, cloakroom and media room.

On the first floor the principal bedroom has a dressing room and a well-appointed en-suite bathroom. There is a guestroom with en-suite shower room, 3 further bedrooms, delightful family

Outside
The house is approached through a pair of wooden electric gates opening onto a large parking and turning area at the front of the house. A spur of the drive leads off to the paddock. Beside the parking area is a 2 bay barn style garage with store room. To the side of the house is an enclosed courtyard. The main garden is to the rear with paved terraces leading out onto the lawn. Within the lawn is a swimming pool with paved surround and a pool room with outdoor kitchen, changing room and a plant room. Beyond the garden is the paddock. There are also a number of further outbuildings including a gym which could be converted into an annexe (subject to planning), a games room and a workshop.
Local Amenities & Communications
Situated between Forest Row and Colemans Hatch. The A22 runs through the centre of Forest Row providing good access to 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, including Michael Hall School. There is direct access onto the Forest Way. The Ashdown Forest is close by and is the largest free public access space in the South East and is a great place for walking and enjoying spectacular views over the Sussex countryside.

Directions
From the centre of Forest Row head east on the Hartfield Road. As you leave the village go around the S bend and the house will be found after the bends immediately left.

Tenure, Local Authorities and Services
Freehold. Wealden DC: . East Sussex CC: . Mains water and electricity. Private drainage. Oil heating. LGP gas for cooking. Air source heat pump for the swimming pool. Council tax band G. EPC band D. Broadband fibre to the cabinet

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

£ 1703950

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
    £ 50000
  • 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

£ 203950
  • 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

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  • 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

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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