6 bedroom detached for sale

£2,999,999

6

Bedrooms

4

Bathrooms

Floorplan

A fantastic opportunity to purchase a 6 bedroom home in the heart of the Coombe Hill Estate with spacious rooms and a south facing garden.

This property benefits from excellent lateral entertaining space and living accommodation across 2 floors and has been thoughtfully maintained in recent years to create a wonderful family home.

The double reception room (with air conditioning) and dining room offer open plan living with three sets of double doors leading to the garden. The sunny south facing garden is filled with mature trees, hedgerows, a patio and lawn. The fully fitted kitchen/breakfast room is at the rear of the house with plenty of storage and an island. There is a bedroom on this floor, with a newly fitted en-suite shower room, allowing additional space for guests or an au pair. A spacious utility room and double garage complete the ground floor.

The principal bedroom suite is on the first floor with an impressive bathroom which comprises a walk in shower, separate bath and double basin. There are four further bedrooms on this floor, three of which have air conditioning and one has a substantial dressing room/storage space. The owners have recently installed fitted wardrobes and shelving units to most of the bedrooms.

The loft is nearly 900 sq ft and offers fantastic opportunity to extend (SSTP) to create further living accommodation.

Golf Club Drive is ideally located for excellent state and independent schools as well as being close to the combined 3200 acres of Royal Richmond Park and Wimbledon Common. The boutique shops, restaurants, cafes and theatres on offer in New Malden, Kingston and Wimbledon are also a short distance away.



Features
  • Freehold

Map location is not available for this property.

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

£ 2598949.105

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

£

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
    £ 74999.975
  • 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

£ 348949.855
  • 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

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£
  %

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

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  %

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

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