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£1,250,000
Bedrooms
Bathrooms
'''Price Range 1.25m - 1.35m'''
Tudor Close is arguably one of the most desirable roads in the area, situated just off West Chiltington Road and comprising individually designed detached homes standing in generous plots. This is one such property, set within just under 0.8 of an acre, with a fabulous south facing rear garden, perfect for a growing family.
With almost 3200sq ft of space, including the integral triple garage, the property offers well proportioned accommodation, including a dual aspect living room with bi-folding doors opening onto a full width patio seating area. There is a formal dining room, a study, family room with bi-folds and a bespoke kitchen with high specification integrated appliances and space for a table and chairs. The utility room has access to the garage. Upstairs, all five bedrooms are doubles, the principle also benefitting from a well appointed ensuite shower room. Three of the bedrooms look out across the rear lawn.
The 'in and out' gated driveway offers ample parking for numerous vehicles and the gardens offer a safe space for children to play or for adults to relax with family and friends. The timber garden room / summer house would make a great home office or teen den. Commuters will appreciate being only two miles from Pulboroughs mainline railway station, with direct routes to London and Gatwick. Wonderful walks will be found almost from the front door, with all local amenities with a few minutes drive.
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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