6 bedroom detached for sale

£1,450,000 Guide Price

6

Bedrooms

2

Bathrooms

Floorplan

A delightful detached family house in a highly sought after location within easy reach of the centre of the village and adjacent to Ashdown Forest.

Entrance lobby, Hall, Sitting room, Dining room, Family room.
Kitchen/breakfast room, Conservatory, 2 bedrooms, 2 bathrooms.
Landing, 4 further bedrooms.
Basement with utility, wine cellar and storage areas.
Double garage/workshop, Gazebo, Heated swimming pool, Attractive garden with lawn, terrace and borders, Parking.

About acre
Property
The house dates back to 1864 and was the original Club House for Ashdown Forest Ladies Golf Club. A path, flanked by lawn, leads to the front door which opens into an entrance lobby. Beyond is the hall giving access to the majority of the rooms. The vaulted sitting room and dining room both have fireplaces. The kitchen/breakfast room has fitted floor and wall units, quartz lyskam white worksurfaces, island unit with breakfast bar, fireplace housing a wood burner and opening to conservatory. Built in units include fridge, freezer, microwave, dishwasher and a Rangemaster Classic 100 with 5 gas burners, 2 ovens and a grill. The conservatory has French doors to the garden. There is a also a family room, 2 bedrooms and 2 well-appointed bathrooms.

Upstairs is a landing with access to 4 bedrooms and eaves storage.

The basement has a wine cellar and a utility room. Approached from the outside are other storage areas under the house with limited ceiling height and one contains the gas boiler.

Outside
There is a drive for parking at the rear of the house beside the double garage/workshop. There is a paved terrace with a gazebo and steps leading down to the swimming pool with decked surround. The steps continue down to the lawn which is a good size and is enclosed by trees, shrubs and fencing. There are various seating areas around the garden.

Tenure, Local Authorities and Services
Freehold. All mains services. Gas central heating. Wealden District Council: . East Sussex County Council: . Council tax band F. Energy efficiency band E.

Directions
From Forest Row take the B2110 Hartfield Road and after about mile turn right into Chapel Lane. Proceed to the top of the hill, bear to the right and the house will be found on the right just after the road to the golf club.
Local Amenities & Communications
The A22 runs through the centre of the village 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 excellent local amenities including shops, restaurants, sports clubs and Royal Ashdown Forest Golf Club. 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 which is within walking distance. Ashdown Forest 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.

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

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Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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

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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

£
  • 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

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