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£1,400,000 Guide Price
Bedrooms
Bathrooms
Park & Bailey are delighted to bring to market this impressive four-bedroom detached family home, located in the desirable Great Park area of Warlingham.
This property has been thoughtfully extended to both the rear and side, creating an abundance of living space. The ground floor offers a spacious kitchen/breakfast/family room, a study, a playroom/gym, a utility room, and a downstairs WC. The double garage is accessible from the interior of the house.
On the first floor, you will find four generously sized double bedrooms. The master bedroom features a large walk-in wardrobe and a beautifully refitted en-suite bathroom. One additional bedroom has built-in wardrobes and a refitted en-suite shower room, while the other two double bedrooms share a refitted family bathroom.
Externally, the property benefits from a beautifully landscaped rear garden, providing plenty of space for outdoor activities, as well as rear access to the garage.
Great Park, Warlingham is a sought-after area known for its tranquil environment and excellent local amenities. It offers a great selection of schools, parks, and shops, and is well-connected to transport links, including nearby Warlingham Station, making it an ideal location for families looking for a balance of suburban peace and easy access to London and surrounding areas.
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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