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£1,750,000
Bedrooms
Bathrooms
Reception
The property is believed to date back to 1888 with later additions and is a fine example of one of the original houses in Dormans Park. With many original features, the main house extends to over 4,000 sq ft including four reception rooms, plus an excellent kitchen/breakfast room and conservatory, creating ideal family and entertaining space. The house has been much improved by the present owner and is well presented.
Ground Floor
-Entrance Hall, staircase to first floor
-Study, with gas effect fire
-Elegant Drawing Room, feature ornate Victorian fireplace, double doors to terrace
-Dining Room, stone fireplace, fitted bookshelves, double doors to garden, double doors to:
-Conservatory, door to garden
-Family Room, woodburner, fitted bookshelves, double doors to garden
-Contemporary Kitchen/Breakfast Room, The sleek white cabinetry and worktops create a clean, minimalist backdrop, while the atrium skylight above floods the area with natural light, enhancing its airy and open atmosphere. The matching wall and base units include integrated equipment and there is an island unit with illuminated cooker hood over. The result is a harmonious and functional kitchen that serves as a bright and welcoming heart of the home. Door to cellar and folding doors to garden
-Utility Room, door to:
-Cloakroom/Shower Room, lobby with door to garden
-Ground floor bedroom, adjacent shower room with white suite
-Inbuilt tandem double garage
First Floor
-Galleried Landing, double doors to:
-Roof terrace
-Master Double Aspect Suite, dressing room with extensive fitted cupboards, ensuite bathroom/shower room including white suite of corner bath, his and hers basins, WC
-Four further bedrooms, two with jack and jill shared shower room, wash basin & WC
-Further separate bathroom with walk in shower, wash basin and WC
Outside
Approached through high electronically operated gates, there is an impressive driveway entrance leading to double integral garage and parking area. Mature laurel and conifers boundary hedging offer a good deal of seclusion, in particular to the OPEN SWIMMING POOL where there is a paved surround, slightly raised deck and pool/ breeze house. To the rear of the property, there is a patio terrace with retaining wall and steps down to a formal lawn, flanked by mature specimen trees and borders.
Location
The property occupies a commanding position in Hillcrest in Dormans Park. The origins of Dormans Park date back to the 1800s. It originally comprised of over 200 acres of farmland and woodland. Following the arrival of the railway, with London just 28 miles away, it became a peaceful environment in which to live. Today, it offers an interesting variety of houses, both old and new, in tranquil surroundings. Dormansland village is just over 1 mile away with Church, post office and village shop, whilst Lingfield is 2.5 miles, offering local shopping facilities, and the renowned Racecourse. For more comprehensive shops, including Waitrose, the old market town of East Grinstead is about 2.5 miles away. There is an excellent choice of independent schools in the area, including Lingfield College, Brambletye, Ardingly College, Worth and Cumnor House. For commuters, Dormans Station can be accessed via a footpath. For the international traveller, Gatwick airport is about 9 miles distant.
Freehold
Gas fired central heating. Mains water and electricity. Mains drainage.
Council Tax Band H.
There is an annual payment for road maintenance to the Dormans Park Trust.
Some photos are from the owners collection.
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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