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£2,500,000 Offers in excess of
Bedrooms
Bathrooms
Enjoying rural tranquillity on the North Downs, this charming country house also offers remarkable accessibility, being just 17 miles to the south of London. A well-appointed and spacious home set in 5 acres, ideal for the equestrian as well as those seeking a family home away from the bustle of modern life.
This distinctive home was individually built around 1905 by a Mr Gall, the builder charged with the demolition of Londons Newgate Prison in 1904, now the site of the Old Bailey. The infamous 12th century prison provided a rich source of reclaimed materials, used to create much of the authentic Tudor Manor House character of Cheval Court with its random stone and brickwork and inset antique beams. Sympathetically extended and restored in more recent years, the house offers generous and well-appointed family accommodation that is both spacious and comfortable.
There is ample space for further extension, subject to consents. Enjoying both natural privacy and stunning rural views, the house is set in 5 acres of grounds, something seldom found within the M25 motorway and just 17 miles south of London. There are formal and informal garden areas including some woodland and, with the benefit of separate vehicular access, there also is a 1.35 acre field and smaller paddock with ample space for loose boxes. Approached over a gated, long driveway the house has ample secure parking for several vehicles in addition to a four-car garage, above which there is an independent studio flat, ideal for staff or sub-letting. There is also a large single garage with cellar.
Although the property enjoys rural seclusion and tranquillity, this location is particularly well connected being within a few minutes drive of the M23/M25 intersection, bringing both Gatwick and Heathrow airports and the coastal ports within easy reach. Just under 3 miles away, Coulsdon South Station has fast rail services into the city - London Bridge and Victoria in around 25 minutes and the Gatwick express service from nearby Merstham. Reigate, Coulsdon and Banstead Village are nearby giving a diverse choice of local shopping and the area has a choice of excellent schooling such as Whitgift, Epsom College, Royal Alexandra and Albert, Reigate Grammar, Dunnotar and Caterham School and The Hawthorns School. This part of Surrey is also well served for venues for sports, leisure and cultural pursuits such as theatre and/or cinema at Epsom, Reigate and Dorking, many gastro pubs and restaurants, several gyms and sports clubs and championship golf at Kingswood, Walton Heath and Epsom RAC as well as Chipsteads own golf club. There are also local cricket, rugby and football clubs and this location, amidst abundant open countryside, is perfect for the equestrian and other outdoor pursuits including walks and cycling. Meanwhile, Chipstead retails an unspoilt village charm with its pretty Norman church, village pond, local pubs and annual flower show and fete.
Tenure: Freehold
Local Authority: Reigate and Banstead Borough Council
Council Tax Band: H
All mains services
To the best of our knowledge on production of this brochure
Map location is not available for this property.
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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