6 bedroom detached for sale

£2,250,000 Guide Price

6

Bedrooms

5

Bathrooms

Floorplan

A stunning, barn-style, modern family house in a fabulous, tucked away, rural location with magnificent views over Weirwood Reservoir.
Hall, Drawing room, Kitchen/breakfast/family room, Games/TV room, Utility room, Boiler room, Study.
Principal bedroom with en suite bathroom, dressing room and balcony, 5 further bedrooms, 4 bath/shower rooms.
Attached double garage, Large garden with large decked area, lawn and seating area.
Woodland with sandstone rock outcrops.
Potential annexe.
About 4 acres
Property
This excellent family home built in 2008 is beautifully presented and designed so all the principal rooms take full advantage of the view by the use of glass.

There is a covered entrance with double doors opening into the hall with an engineered oak floor which runs through to the drawing room. The drawing room, which is open to the eaves, has a fireplace housing a wood burning stove, galleried study above and bifold doors to the balcony. The kitchen/breakfast/family room has a tiled floor, fitted wall and floor units, granite worktops, 2 sinks, Stoves range with 7 hobs, 2 ovens and 2 pan drawers, dishwasher, microwave, island unit with breakfast bar and bifold doors to the balcony/decking. A side lobby gives access to the double garage which has a bedroom with shower room above the garage, so could easily be used as an annexe subject to the necessary consents. Also on this level is a bedroom with shower/cloakroom, a utility room and boiler room. There are stairs from the hall to the lower ground floor where there is a games/TV room and French doors to the garden.

The staircase leads to the first floor where there is spacious landing overlooking the reservoir. There is a galleried study over the drawing room. The principal bedroom is open to the eaves with a dressing room, French doors to the balcony and a well-appointed en-suite bathroom. There are 4 further bedrooms each with fitted wardrobes, one with an ensuite bathroom and the other 2 have a Jack and Jill shower room.

Outside
A double electric gate opens to a drive which leads to the house and in front of the double garage, where there is plenty of parking. The garages have 2 sets of wooden doors. Around the house is decking, which is ideal for entertaining and built in to the decking is a spa pool and a hot tub.

The garden wraps around the house with a large expanse of lawn, which has been levelled in places providing ideal areas to build amenities such as a swimming pool and tennis court. At the bottom of the garden is a secondary access, summer house and a garden shed. On the northern side of the garden is an area of woodland with outcrops of sandstone rocks creating a feature.

Local Amenities & Communications
East Grinstead has a good range of shops and restaurants. For a more extensive range of shopping there is Tunbridge Wells and Crawley. There are a number of sports clubs around the town including rugby, hockey, cricket, netball, tennis and football. Golf is available at Chartham Park, Royal Ashdown, Sweetwoods and Holtye. Horse racing at Lingfield Park. There is an excellent selection of schools in the surrounding area, including Brambletye, Cumnor House and Michael Hall School. 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.

There is a railway stations at East Grinstead providing services to London Bridge/Victoria. The A22 that runs through East Grinstead gives access the M25 and via the A264 to M23 and Gatwick.

Directions
From East Grinstead proceed out of the town on Ship Street which then leads into Dunnings Road and into West Hoathly Road. As you go down the road to the reservoir on the sharp right-hand bend turn left into Admirals Bridge Lane. The entrance to the house is the first on the left.

Tenure, Local Authorities and Services
Freehold. Mains water and electricity. Shared private drainage. Oil heating. Under floor heating in the hall, kitchen and drawing room. Mid Sussex DC: West Sussex CC: . Council tax: Band H. EPC: Band C.

Map location is not available for this property.

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

£ 1927700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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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
    £ 56250
  • 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

£ 240200
  • 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.

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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

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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.

Notes

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