6 bedroom detached for sale

£2,250,000 Guide Price

6

Bedrooms

4

Bathrooms

Floorplan

In a wonderful village location and on the edge of Chipstead golf course, a magnificent Edwardian house sympathetically extended and refurbished to a high standard.

A substantial and practical family home with tremendous character which benefits from under floor heating, a mercury oven, mega flow system, high ceilings, drive in double garage, laundry room and boot room.

This impressive property offers the rare to market combination of authentic period character and spacious accommodation suitable for modern family life. Built in 1902, this Edwardian villa has been restored, extended and refurbished with remarkable attention to detail. Great care was taken to ensure that new additions blend with the original.

There are four good sized reception rooms, the large kitchen - breakfast room has ample space for informal dining and entertaining, the whole house has beautifully high ceilings and 360 of light delivered by its large sash windows. The boot room is ideal in this village location, and the ground floor bedroom and bathroom would be ideal for an au pair or used as a gym.

There are five double bedrooms including a principal suite with dressing room and shower room, a second suite with bathroom in addition to a family bathroom. The large attic room, accessed by a fixed staircase, offers great potential for 2 extra bedrooms plus a large bathroom.

Beautifully established gardens encompass the house with informal and formal areas to enjoy and the large raised terrace which capture the afternoon and evening sun, a perfect space for relaxing or entertaining.


The house has a peaceful village setting, facing How Green and backing on to Chipstead golf club and yet this location offers excellent accessibility to London.

Within a few minutes drive, the M23/M25 intersection gives access to the Nations motorway network. Gatwick is within a 20 minute drive, Heathrow in 40 minutes and the coastal ports and the Eurotunnel are also within easy reach. Chipstead Station is an 8 minute walk and has direct services to London Bridge and Victoria, Coulsdon South Station offers faster direct rail services (21 minutes) into the city.

Located in nearby Reigate and Banstead Villages are Waitrose and Marks and Spencers supermarkets. The area has a choice of excellent schooling such as Epsom College, Whitgift, Royal Alexandra and Albert, Reigate Grammar, Dunnotar, Caterham School and The Hawthorns School.

This sought-after Surrey village is well served for sports, leisure and cultural pursuits whilst Chipstead has unspoilt rural village charm with its pretty Norman church, village pond, local pubs and annual flower show and fete. Remarkably, the village caters for almost every sport including clubs for golf, rugby, cricket and football, it also forms part of the course for the annual London to Brighton cycle race. Theres abundant open countryside for walking, cycling and riding with numerous stables in the area.



Entrance Hall, Cloakroom, Sitting Room, Dining Room, Study, Family Room, Kitchen Breakfast Room, Boot Room, Utility Room, 5 Bedrooms, Dressing Room and 3 Bath / Shower Rooms including Principal Suite and Second Suite, Ground-floor 6th Bedroom / Gym and 4th Bathroom, Large Attic Room with huge potential, Frontage of some 180 with driveway and parking, Large Double Garage, Some 140 x 105 rear Garden with full-width terrace and Westerley aspect, In all, Half an Acre

Tenure: Freehold
Local Authority: Reigate and Banstead Borough Council
Council Tax Band: G
FFTP Broadband
All mains services
To the best of our knowledge on production of this brochure



Features
  • Freehold

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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

£ 1927700

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 56250
  • 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

£ 240200
  • 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

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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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