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£1,250,000 Guide Price
Bedrooms
Bathrooms
Forming part of a sought after private estate on the southern edge of Ashtead village is this attractive five bedroom, three bathroom, three reception property, built by Rydon Homes in 1997. Set in beautifully maintained grounds, the property is complemented by a large family garden with a swimming pool, driveway parking and a double garage.
The kitchen/breakfast room has lovely views over the mature garden and opens into the utility room with access to the rear garden. Three reception rooms, a conservatory and downstairs cloakroom complete the ground floor. There is fantastic potential to reconfigure, update or extend on the ground floor, subject to the usual consents.
Upstairs are five bedrooms upstairs, including two with en-suite bathrooms and a further family bathroom.
The rear garden features a paved patio, private south-easterly-facing garden with mature trees, a number of well-stocked flower and shrub beds and a swimming pool. At the front there is a double garage with a large driveway that accommodates multiple cars.
Nestled in this highly sought-after location, the property is close to excellent schooling options in both the state and private sectors with City of London Freemens on the doorstep, and Epsom College, Downsend, Rosebery and St Andrews all nearby.
Both Ashtead Village and Epsom are close by offering a wide range of retail outlets & eateries. Train services provide excellent commuter links to Waterloo and Victoria while Junction 9 of the M25 is just a short drive away providing easy access to London Heathrow and Gatwick airports in approximately 30 minutes.
The local area is home to many areas of outstanding natural beauty including the magnificent Epsom Downs hosting the world famous Epsom Derby, Box Hill and Headley Heath. The prestigious RAC Golf and Country Club and Tyrrell-s Wood Golf Club are also easily accessible.
An annual service charge (currently 600 per annum) is payable for the maintenance of the communal areas and road.
The property is offered for sale with no onward chain.
Map location is not available for this property.
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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