5 bedroom detached for sale

£1,595,000

5

Bedrooms

3

Bathrooms

Floorplan

An architecturally beautiful four/five-bedroom detached property located on one of Edenbridges most sought-after roads, Pit Lane in Marlpit Hill, TN8. The architect was reputably H.M. Baillee Scott, a leading Arts and Crafts architect, whose designs are clear to see throughout the property. The property is entered via a glass entrance porch and through the original front door into the inviting hallway where many features are immediately present such as ornate plaster ceiling decorations, original stone floor, animal horn glass and lead panels, and, of course, the impressive Arts & Crafts turning staircase and finials. The hallway provides access to the impressive lounge with an original Georgian-style fireplace, a formal dining room, an Arts & Crafts fireplace with exposed ceiling beams, a useful cloakroom, and the kitchen. The Neptune kitchen is modern in design with a wonderful central island with integrated Neff appliances, and fully bi-folding doors that seamlessly link the garden into the kitchen area, a pantry, a utility room, and a study. The utility room has space for the usual appliances and also has an entrance into a perfect home office or potentially a cosy snug. Upstairs there is a carpeted landing with doors to all four double bedrooms, the family shower room, and a separate W/C. The principal suite has a modern ensuite bathroom with a free-standing ball and claw bath and shower. Externally and to the front there is a sweeping gravel driveway providing off-street parking, a level lawn with mature shrubs and an impressive Cedar tree, and also access to the double garage and separate annexe. To the rear of the property, there is a perfectly secluded garden with generous patio /seating areas complete with Chilstone Well, originally an Ice House. The patio steps down onto a large expanse of level lawn again with mature shrubs and trees, a vegetable area, a rear pond, a potting shed, a summer house, and a tractor shed. The current owners have also cleverly considered the great British summer and created a delightful entertainment cabin that is open-fronted to take in the view of the garden and also has power, lighting, heating, and storage. Marlpit Cottage is a truly spectacular, welcoming home and one that really must be viewed to appreciate and experience the history and period features within. Call us NOW for more information, we are Open 8 am - 8 pm 7 Days a Week

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

£ 1341475

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 39875
  • 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

£ 145225
  • 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
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

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

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message