4 bedroom detached for sale

£2,600,000

4

Bedrooms

3

Bathrooms

Floorplan

Within this unique development of 13 luxury detached houses set within a gated, rural development just 45 minutes from central London, a stunning and contemporary home of some 4,057 sq ft.

An exceptional and utterly unique new collection of thirteen architecturally striking eco homes set in over 43 acres of private parkland and with a securely gated entrance. Courtlands Park offers a rare combination of rural living and convenience, being only a mile from the centre of Banstead. Courtlands Park will comprise of just thirteen luxury detached eco houses, each set in this exceptional private estate and accessed via a long tree lined drive. Located in north east Surrey, close to London but surrounded by countryside, Banstead is in one of the most picturesque corners of the Reigate and Banstead Borough
.
Sitting in between Sutton, Epsom and Coulsdon in Surrey, the South East town of Banstead is a desirable place to live. For those needing to commute, you can catch a train into London (London Bridge & Victoria) from neighboring Sutton in just half an hour. Situated just within the M25, Banstead also offers easy access to the motorway network at Junction 8 (Reigate), and Gatwick and Heathrow Airports beyond. Some of Surreys finest schools are available locally including Banstead Prep, Whitgift, John Fisher, Sutton High, Epsom College, Reigate Grammar, City of London Freemans, Chinthurst and Aberdour and all within easy reach by public transport and some schools run a private bus service from the area
As well as being close to the capital, you can take advantage of the green open spaces of Banstead Woods and Chipstead Meads, and Epsom Downs with Epsom Racecourse the famous home of The Derby just 3 miles away. In
addition, Nork Park and Lady Neville Recreation Ground provide childrens playgrounds etc. The area is surrounded by some of Surreys finest open green belt countryside, where fine walks, country pubs and sporting pursuits
such as golf, tennis, cricket, and horse riding can be enjoyed. Notable Golf Courses include Banstead Downs, Chipstead, Kingswood, and the RAC Country Club at Woodcote Park.

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

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

£ 2240950

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
    £ 65000
  • 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

£ 290950
  • 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

Adjust these figures

  %
  %
£
  %

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

Adjust these figures

  %

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

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Please enter a valid UK mobile number (e.g. 07123456789 or +447123456789)

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message