6 bedroom detached for sale

£1,950,000

6

Bedrooms

4

Bathrooms

4

Reception

Floorplan

An imposing and elegant 6 bedroom period home of Georgian origins with separate garage/ancillary apartment, all nestled in picturesque grounds of about 2.3 acres. Central London just 33 miles.

DESCRIPTION This imposing property was originally constructed in the early 19th Century. The house was subsequently extended in the Victorian period, with a later addition. Internally, the property has been carefully improved over the years with oak floors and matching joinery in many areas and with the impressive oak staircase in the reception hall. Many rooms throughout the house have custom-made furniture, which includes a fitted farmhouse style kitchen finished in a classic style, with gas Aga. Many character and architectural features include high ceilings with ornate cornices and open fireplaces. The adaptable accommodation extends in all to circa 6800 sqft. This includes a lower ground floor, currently used as a leisure suite. A separate garage block provides a self-contained apartment over, ideal for an au pair, relatives or guests. The house is set in grounds of approximately 2.3 acres.

SUMMARY OF ACCOMMODATION GROUND FLOOR ENTRANCE RECEPTION HALL polished oak floor, attractive fireplace with slate hearth and woodburning stove. A superb central oak staircase with turned spindles rises to the first floor. MAGNIFICENT DRAWING ROOM triple aspect, double doors at the rear lead into the garden. FAMILY ROOM polished oak floor, ornate fireplace with inset woodburning stove, bay window DINING ROOM/STUDY bay window, carved fire surround with adjacent ornamental display niches. CLOAKROOM, custom fitted, vanity wash hand basin, access to separate wc. KITCHEN/BREAKFAST ROOM featuring an extensive range of hand-made fitted units and polished granite work surfaces, inset Belfast style sink, extensive range of drawer and cupboard base units. Wall cupboards together with a matching dresser unit and central island with granite surface, gas fired Aga with four ovens, Chinese slate floor, French doors leading into the garden. LOWER GROUND FLOOR CLOAKROOM SECOND KITCHEN/UTILITY AREA leading to a boiler room and WINE CELLAR. SNOOKER/ENTERTAINMENT ROOM polished oak floor and cast iron fireplace. Fitted range of furniture comprising storage units, drawers and display shelves. French doors at the rear lead onto the lower terrace. FIRST FLOOR MASTER BEDROOM A superb triple aspect room with a range of built-in display shelves. ENSUITE BATHROOM with bath set in an arched recess with marble surround, shower area with overhead shower, vanity basin set in a marble surround, wc with concealed cistern, Limestone flooring and part tiling to walls. DRESSING ROOM with a custom made fitted range of furniture. Landing with polished oak flooring, fitted bench seat. Two steps down lead to the: LIBRARY AREA with polished oak flooring and fitted bookshelves with oak surrounds. BEDROOM Georgian style cast iron fire grate and hearth, fitted shelving and built-in wardrobe. BEDROOM 3 with built-in wardrobe and further storage cupboard. BATHROOM 2 Heritage suite comprising a roll-top bath, high level wc and pedestal wash basin. BEDROOM 4 with Victorian style cast iron fireplace with slate hearth. Double doors to the front elevation lead to a small balcony. A short flight of steps from the main landing leads to: BEDROOM 5 with built-in storage cupboard and access to: BATHROOM 3 with white suite comprising panelled bath, vanity wash hand basin, wc, oak strip flooring. SECOND FLOOR BEDROOM 6 double aspect, eaves storage cupboard.

OUTSIDE Approximately 2.3 acres of picturesque gardens and grounds Detached double garage with self contained flat above, comprising bedroom, bathroom, living room, kitchen Large gravel driveway, ample parking, central lawn and ornamental fountain Large pond Paved patio area & decked terrace Lawn with southerly aspect, bordered by mature specimen trees

LOCATION The property is situated on the outskirts of the villages of Copthorne and Crawley Down, close to open fields and countryside. Copthorne provides a Church, pubs, village store and an excellent primary school. More comprehensive shopping facilities can be found at Crawley town centre, about 5 miles distant. For international travel, Gatwick airport is also about 5 miles. The nearest rail stations with links to London are Three Bridges (fast train approximately 40 minutes), Gatwick (including the Gatwick Express 35 minutes) and at the old market town of East Grinstead.

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

£ 1659200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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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
    £ 48750
  • 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

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£

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

£ 196700
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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

  • Cumulative Rental Profit
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    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

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

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