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£1,700,000 Offers in excess of
Bedrooms
Bathrooms
A wonderful opportunity to create a bespoke home on one of Oxteds premium roads.This rare development site will shortly have permission to build a beautiful 3450 sqft home in the heart of Oxted just 5 minutes walking distance from the town centre.
The property is being sold as a custom build package offering buyers the chance to create their dream home to their exact specification, working side by side with the expert construction team in regular design meetings to deliver their bespoke home.
The site is set back from Detillens Lane, surrounded by greenery and with the benefit of its own 70ft private driveway and electric entry gates. The property will comprise 5 double bedrooms and a games room with 3 ensuits, a family bathroom, cloakroom, study, 3 reception rooms, open plan kitchen, sperate utility room and a large garage.
STAMPY DUTY SAVING - A huge benefit of a custom build package is the large Stamp Duty saving for buyers Stamp Duty will only be payable on the purchase price of the land, not the build.
Please note - the asking price includes the land and custom build package. Further details available on request.
Detillens Lane is located just off the A25 and is within close reach of Oxted town centre and a short walk to Oxted Station with mainline services to East Croydon & Central London (London Bridge & Victoria approx. 40 minutes).Oxted highstreet offers a comprehensive range of shops, restaurants & bars. Also locally are tennis, cricket & golf clubs, a number of gyms, the fantastic Everyman cinema and a great selection of both private and state schools.
Please note buying fees apply. We are appointed by the vendors on this sale but on condition that our fees will be met in full by the purchaser.
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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