3 bedroom detached for sale

£895,000 Guide Price

3

Bedrooms

1

Bathrooms

Floorplan

Built in 1906 Tregarno has been lovingly extended and renovated into a warm and inviting family home that offers fantastically adaptable space. The main entrance is through the boot room with bespoke cupboards providing ample storage for coats and muddy boots from a wealth of local walks and the downstairs w.c conveniently sits to the left. The property has a beautiful flow with all the main rooms downstairs enjoying views out to the garden. The extended bespoke kitchen with vaulted ceiling and Velux windows has been beautifully designed and provides access out to the garage and utility room as well as out to the garden. The study sits to the side of the kitchen and the dining room features a striking original fireplace and bay window. The lounge which enjoys double aspect views to the front and garden and features another stunning fireplace.

Upstairs provides ample accommodation with three double bedrooms. Bedroom three is at the top of the stairs, whilst bedrooms one and two overlook the garden with access to the balcony. The marble tiled family bathroom with underfloor heating is stylishly presented with a free-standing bath and generous double shower, heated towel column and complementing column sink providing a luxurious sanctuary to retreat and unwind.

The garage with utility area provides ample room to comfortably house and work on a couple of cars. Over the garage is the impressively sized fully insulated studio space with built in bed, substantial eves storage and Velux balcony window. This space combined with the garage provides excellent annex potential. In the stunningly landscaped garden, you fully appreciate the original grand aspect of the property. Accessed directly from the kitchen the slate patio area looks out on to an ample lawn for play and expertly manicured and nurtured boarders which feature an impressive array of plants and shrubs.

Accessed via a gated entrance, the drive at the front of the property provides parking for up to four cars.Tregarno sits in a prime position to enjoy the plethora of walks available in the St Johns area over Redhill Common, and for commuters it is in easy walking distance from both Redhill and Earlswood stations. It also benefits from being within the catchment area of an array of outstanding local schools.



Features
  • Freehold

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

£ 741075

Mortgage Loan to Value

%

Gross Yield

%

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
    £ 22375
  • 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

£ 69825
  • 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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