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£1,000,000 Offers in excess of
Bedrooms
Bathrooms
Property Description
A fantastic opportunity to acquire this spacious four-bedroom detached bungalow, perfectly positioned within a quiet and private close offering breathtaking views over the surrounding area. This unique home presents an ideal purchase for those looking to downsize without compromising on space, or for buyers seeking a development opportunity to extend or even add a second floor (subject to planning permission) to create a substantial family residence.
The property is entered via a porch leading into a generously proportioned reception hall, providing a warm welcome and an immediate sense of space. Double doors open into a large lounge, with doors leading directly to the rear terrace and garden, offering seamless indoor-outdoor living and spectacular elevated views.
A separate dining room sits adjacent to the kitchen, with the potential to be knocked through to create a modern open-plan kitchen/diner, ideal for contemporary family living and entertaining.
The main bedroom benefits from a full range of fitted wardrobes and a private en-suite bathroom, while two additional double bedrooms, also with fitted wardrobes, provide ample accommodation for family and guests. A fourth bedroom, currently used as a study, offers further flexibility for home working or hobby space.
Externally, the property boasts a large driveway providing generous off-street parking and leads to a double garage, which also features a rear access door for convenience. The rear garden and terrace are perfectly positioned to make the most of the stunning outlook, creating a peaceful haven for relaxation or entertaining.
Situated in a highly sought-after residential location, this property is close to Upper Warlingham Train Station as well as Whyteleafe station, providing excellent commuter links, and is within close proximity of Warlingham Village, offering a variety of shops, cafes, and amenities.
This is a rare chance to secure a home with incredible potential, in a tranquil yet convenient setting. Early viewing is highly recommended.
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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