5 bedroom detached for sale

£2,300,000

5

Bedrooms

5

Bathrooms

Floorplan

We often use the term 'new build spec' as the gold standard when it comes to quality of finish in the property sector; however our client took what was a brand new product when they bought it, and have gradually refined it over time, creating something really rather special, on the edge of our beloved village of Walton on the Hill.

The story behind Alexandra House is one that we have been privileged to be part of, from a single house on a big plot being betrothed to a life-long friend, from which two new homes were granted; and the rest, as they say, is history. So it was an absolute pleasure to return there; we had remained in some contact with the couple who bought it from new, and could see some of the things they had clearly done in recent years, but it was great to be back, and we weren`t disappointed. It`s honestly not that often that you return to a house , 10 years after it was built, and to find it in better shape than when you sold it to them; but that was certainly the case at Alexandra House.

We will let the pictures do most of the talking, together with the floor plan, but suffice to say, this is a beautiful example of a new home that was designed and built with it`s surroundings very much in consideration, combining traditional charm and character with modern execution and standards, both inside and out. It wasn`t perfect though, but the couple who bought it could see the answers and have skillfully made the enhancements with great style, including things like the resin bonded drive, whilst also extending it and putting on those beautiful wooden gates. So. all in all, we were delighted to be back and to be instructed to sell Alexandra House on their behalf, initially through our discreet marketing platform, and we look forward to hopefully showing you round in person, when we will be able to bestow the full virtues of this exceptionally stylish home, that offers over 4,700 sq ft of light and spacious living accommodation over three floors, as well as a double garage, great forecourt area and beautifully designed rear garden that is perfect for entertaining friends and family, or indeed just a quiet G and T on the top terrace by the recently created water feature!

Walton on the Hill is a quiet and quintessential village, nestled within the Surrey Hills area and in the heart of Walton Heath. With its famous pond, the village offers a range of shops including the popular Co-Op, independent bike shop, hairdressers, beauticians, chemist, Chinese take away, Independent woodfired Pizza place and much more besides. The village is well known for its range of pubs and restaurants including The Spaghetti Tree and The Chequers, and the community is served by St Peters church and an outstanding primary school that is located in the heart of the village. The renowned Walton Heath golf club is a private members club that is steeped in history, including being the location for the Ryder Cup in 1981 and more recently the British Masters and Womens Open.

The neighbouring village of Tadworth offers an additional selection of shopping facilities such as independent butcher, baker/cafe, fishmonger, dry cleaners, off license, opticians, gift shop and One Stop. There are a further selection of pubs and restaurants including The Bridge Mediterranean restaurant, Thai Cottage, Grumpy Mole, Dukes Head and Blue Anchor, and Tadworth station provides a regular service to London Bridge/Victoria. Tadworth Primary School is as popular as ever, as is the private co-ed offering, Chinthurst. The main towns of Reigate, Banstead and Epsom are all nearby and the M25 motorways are accessed at either junctions 8 or 9.

You may want to ask some questions or/and obtain further information, which is absolutely fine; just contact a member of our sales team and we will do everything we can to assist.

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

£ 1972450

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

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
    £ 57500
  • 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

£ 247450
  • 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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