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£2,100,000
Bedrooms
Bathrooms
Reception
This elegant Victorian home has been upgraded in a style which respects the architecture of the original home. Period features, typical of the era, include fireplaces (one with wood burning stove), bay windows and high ceilings. These features are complimented by modern finishes, including classic style kitchen with gas fired AGA, and modern bathroom suites. The extensive accommodation extends to about 5,000 sq.ft to include 5 bedrooms on the first floor, with additional space on the top floor, recently utilised as a large home office area, extending to 52 ft. Stepping outside, there is a gated carriage driveway leading to the garage and outbuildings. The grounds are a particular feature, with further outbuildings, and expansive lawns gently descending towards a stream.
Summary of Accommodation
Ground Floor
-Open porch to:
-Reception hall, views of the rear garden
-Cloakroom, low-level WC and wash hand basin
-Study with fireplace
-Living room with feature open fire and bay windows outlooking to the garden
-Utility room, access to large four room cellar
-Family/games room with fireplace and bay window to the rear aspect
-Formal dining room with log burning stove
-Kitchen/breakfast room with comprehensive range of wall and base level units in a traditional style, sink and drainer. AGA four oven cooker to high fireplace recess. Central island with breakfast bar
-Garden Room/Conservatory, ceramic flooring, views over the rear gardens
First Floor
-Principle bedroom with French doors leading to the Juliet balcony overlooking the rear garden
-En-suite bathroom with low-level WC, his and her wash hand basins, roll top bath with mixer taps, double shower suite and a separate entrance from the landing
-Family bathroom with a low-level WC, wash hand basin, bath with mixer taps and a separate shower suite
-Double bedroom
-Three further double bedrooms, all enjoying dual aspect views
-Landing, door to staircase leading to:
Second floor
Impressive loft room which is 52 foot long, a versatile space currently used as home office, potential for further bedrooms/annexe.
Outside
The gated driveway provides space for multiple vehicles and leads to the garage/workshop. The secluded gardens, with southerly aspect, nestle on the fringe of Dormans Park. There is a stone terrace adjacent to the rear of the house, ideal for entertaining. Further outbuildings include a large, modern summerhouse. The garden slopes gently downward, leading the way towards a serene stream which meanders through the landscape, and forms the boundary to the property.
NB. additional woodland is available to purchase by separate negotiation.
Freehold
Gas fired central heating.
Mains water and electricity. Drainage to be verified.
Council Tax Band H.
There is an annual payment for road maintenance to the Dormans Park Trust.
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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