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£1,175,000 Guide Price
Bedrooms
Bathrooms
An outstanding, spacious linked detached house with extensive flexible accommodation. Located within the highly desirable Southborough Estate on a very quiet private road. Surbiton mainline station and high street are within walking distance. The many benefits include a large dual-aspect living room which opens onto a conservatory and leads to an open-plan dining room. There is a separate modern fitted kitchen with integral oven, hob and hood. The large ground floor bedroom includes fitted wardrobes and a sumptuous white and stone en-suite shower room. The welcoming entrance hallway includes a ground floor wc. On the air-conditioned first floor is a large master bedroom with fitted wardrobes, another good-size double bedroom and the main bathroom suite with large stand-alone bath tub and a separate shower. There is a double-length attached garage to the side of the property. To the rear is a secluded private landscaped garden with an extensive porcelain stone terrace and a modern pergola. We are informed that the conservatory experienced clay shrinkage subsidence, which has been monitored and approved as stable. A traditional garden and driveway at the front of the property. Council tax band G. A lovely home.
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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