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£1,950,000 Guide Price
Bedrooms
Bathrooms
A wonderful equestrian/small holding with grade II listed house, extensive range of farmbuldings and just under 58 acres, set at the end of a private lane well away from any road.
Hall, Study/bedroom 5, Sitting room, Dining/family room, Kitchen/breakfast room, Cloakroom, Side lobby.
Principal bedroom with en-suite shower room, 3 further bedrooms, Family bathroom.
Double garage, Garden, sheds
Substantial range of farm buildings for stabling, storage and 2 barns for commercial storage purposes falling within Class B8, All weather school.
Paddocks and woodland. About 57.5 acres.
Property
This wonderful period house has exposed timbers and beams, a lovely fireplace and dates back to the 17th century, was extended in the 19th century and is listed Grade II. The front door opens into the hall. There is a study/bedroom 5 with cupboard, a sitting room with inglenook fireplace and parquet floor. Beyond is the family/dining room with brick fireplace housing a wood burning stove. The kitchen/breakfast room has fitted wall and floor units, worksurfaces, 4 ring ceramic hob and double oven. There is also a cloakroom and side lobby.
On the first floor the principal bedroom has an en-suite shower room. There are 3 further bedrooms, and a family bathroom.
Outside
The drive sweeps through the farm with a spur off to the farm buildings and continues to the house where there is a parking area in front of the double garage. The garden surrounds the house with lawn, fruit trees, terrace, potting shed and garden shed. There are some lovely trees in the garden including golden elm, oak, copper maple and cherry. Beyond the garden is the woodland.
The range of farm buildings was a former dairy unit and offer huge potential for more intensive use, subject to the necessary consents. There are currently 3 let out for storage, with the vendor running the remaining buildings as a livery yard on a DIY basis. There are 20 stables covering 4 buildings, some are in an American style yard. There is plenty of hard standing for parking.
The Land
The land is divided into 8 paddocks, which amounts to 49 acres, with water connected to all but one. Beside the buildings is an all weather school with a sand and rubber surface. The woodland beyond the house is just under 6 acres. In all the whole property extends to about 57 acres.
Local Amenities & Surrounding Area
Lingfield (3 miles) has a good selection of local amenities. For a wide range of shops, restaurants and recreational facilities there are the nearby towns of Crawley, East Grinstead and Oxted. Mainline railway station at Lingfield provides a service to London Bridge/Victoria. The A22 connects to the M25 (7 miles) junction 6. Gatwick is about 9 miles. The M23 is about 6 miles.
Tenure, Local Authorities and Services
Freehold. Mains water and electricity. Private drainage. Oil fired central heating. Tandridge DC . Surrey CC . Council Tax band H. EPC Exempt.
Easements and Wayleaves
The property is offered for sale subject to, and with the benefit of all wayleaves and easements whether specifically mentioned in these particulars or not. There is a footpath and bridleway crossing the farm.
Directions
From the M25, exit at Junction 6 and head towards East Grinstead. Having gone through Blindley Heath take the first right into Hare Lane. Proceed nearly to the end of the lane go around an S bend and on the second bend turn left into the shared drive and the house will be found at the end.
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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