5 bedroom detached for sale

£1,495,000

5

Bedrooms

4

Bathrooms

Floorplan

A fantastic opportunity to purchase a five-bedroom family home with planning to extend and create a kitchen/family room and also loft conversion to create further bedrooms. The property is situated in one of the popular roads in Esher and benefits from being at the private gated end offering a sense of seclusion.

As you enter you are greeted by double doors into the fabulous open hallway with a double height sky lantern flooding the space with light. To your right is a study overlooking the front of the property and thereafter is a brilliant sized boot room and a downstairs W/C. Straight ahead is the main reception room complete with fireplace and bi-folding doors out to an extended room which offers either a grand space for entertaining or two separate spaces when needed. This room has been cleverly extended with a cathedral ceiling and bi-folding doors either side, overlooking the green garden.

Currently there is a separate kitchen and dining area which has planning permission to extend out another three metres, open out the kitchen and dining room to create a fantastic kitchen/family room, perfect for having the whole family over with a view out to the garden.

Off this room is a utility room and from the hallway is internal access to the double garages at the front of the property.

Upstairs there are four double bedrooms and one single bedroom. Three of the double bedrooms have their own en-suite bathroom. There is also a further family bathroom which services the two other bedrooms and all bedrooms are complete with built in storage.

Outside you have a stunning garden with decked areas and grass lawn for the majority. There is a wide side access and an amazing bar, built by the current owner and fitted out with commercial fryer, electricity, and drinks cooler. To the front of the property is a driveway for at least three cars and a double garage.

This property must be viewed to see its full potential!

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

£ 1252075

Mortgage Loan to Value

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Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 37375
  • 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

£ 130825
  • 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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