4 bedroom detached for sale

£899,995 Guide Price

4

Bedrooms

2

Bathrooms

Floorplan

FOR SALE WITH NO ONWARD CHAIN.

Situated in a popular location within easy reach of Ashtead Common, train station and outstanding schools is this spacious, four bedroom, detached house.

The property comprises, to the ground floor, two reception rooms and a fantastic open plan kitchen and dining room with central island, roof lantern and range of integrated appliances. There is also a downstairs shower room.

Upstairs the master bedroom has a range of fitted wardrobes and there are three further bedrooms, bathroom and separate WC.

Externally, the driveway to the front provides parking for several cars and access to the garage while the rear garden enjoys a southerly aspect and is laid mainly to lawn with a patio area.

The property is just over half a mile from Ashtead train station which provides fast and frequent services to Waterloo and Victoria in approximately 40 minutes. Shops and amenities at Craddocks Parade are close by, as are many highly regarded schools, both state and independent, including Barnett Wood Infant School, St Andrews School, Downsend School and City of London Freemens School. The property is in a fantastic location for access to Ashtead Common with its miles of glorious countryside ideal for dog walkers, cycling and walking enthusiasts alike.

Ashtead Village offers an excellent range of independent village shops together with high street favourites including an M&S Foodhall. Local amenities include the village library and two doctors surgeries. A wide range of recreational pursuits are also close by including Ashtead Squash and Tennis Club and Ashtead Cricket and Bowls Club.

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

£ 745195.875

Mortgage Loan to Value

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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
    £ 22499.875
  • 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

£ 70199.625
  • 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

Adjust these figures

  %
  %
£
  %

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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