4 bedroom detached for sale

£1,275,000 Guide Price

4

Bedrooms

1

Bathrooms

Floorplan

Park & Bailey Exclusive Equestrian & Lifestyle Property Listing

An exceptional opportunity to acquire a charming unlisted detached period home, dating back to 1863, occupying an elevated rural position with stunning countryside views and set within '7.28 acres (TBV) of land. The property offers a rare combination of character residence, equestrian facilities and attractive grounds with scope for lifestyle ventures, alongside planning permission for a single-storey rear extension.

Accommodation & Grounds
The main residence is built of attractive brick and flint elevations and has been thoughtfully updated by the current owners within the past few years. Works include: new boiler and heating system, roof and chimney repairs, damp proofing, exterior rendering, and full redecoration. The accommodation comprises:

Ground Floor:

  • Spacious Sitting Room with dual aspect and wood-burning stove

  • Dining Room/Bedroom 4 with fireplace

  • Vaulted Kitchen with tiled flooring and fitted units

  • Downstairs Shower Room with walk-in shower, WC & wash basin

  • Conservatory with garden access

First Floor:

  • Three Bedrooms

  • Family Bathroom with bath, WC and wash hand basin

Certificate of Lawfulness granted for a single-storey rear extension (Class A - permitted development).

Equestrian Facilities
This property offers excellent equestrian amenities:

  • 20m x 60m outdoor riding arena

  • Stable block with 3 timber loose boxes (one currently used as a music studio)

  • Tack room/store

  • Workshop, Hay Barn, Store & Hay Barn/Store

  • Power, lighting & water available across most outbuildings

Land & Setting

  • Total Plot: '7.28 acres (To Be Verified)

  • Divided into three titles: house & garden, riding arena with pasture, and additional level pasture

  • Green Belt designation just outside the AONB

  • Gated entrance, extensive parking and vehicular access to fields and outbuildings

Location & Connectivity
Millbury Cottage is situated in a prime Surrey location near Warlingham, within close reach of:

  • Upper Warlingham Station (3.7 miles) with services to London Victoria in 36 mins

  • East Croydon Station (5 miles) with links to London Bridge, City Thameslink, Gatwick and the South Coast

  • M25 Junction 6 (Godstone) approx. 15 mins drive

  • Local amenities in Warlingham (2 miles), Oxted (5.1 miles), Westerham (6.8 miles)

  • Excellent schools nearby including Hazelwood, Woldingham, Caterham, Warlingham Primary, and Riddlesdown Collegiate

  • Surrounded by bridleways, woodland trails, and recreational clubs including golf, tennis and equestrian centres

Material Information

  • Tenure: Freehold

  • EPC Rating: F (27/92) Cert No: 5190-2533-0822-4195-3993

  • Council Tax Band: F (Tandridge District Council)

  • Services: Oil-fired heating (new boiler), mains water and electricity, private drainage (cesspit)

Glamping Site Services

  • Sewage: Above-ground Tuff Effluent Storage Tank

  • Water: Supplied via mains, hot water via immersion heaters and propane gas

Viewing is strictly by appointment only through Park & Bailey.

A truly unique lifestyle offering with scope to adapt, expand or enjoy as-is contact Park & Bailey to arrange your private viewing.


EPC Rating: F

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

£ 1059575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 31875
  • 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

£ 103325
  • 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
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  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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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

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  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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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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