5 bedroom detached for sale

£1,450,000 Guide Price

5

Bedrooms

Floorplan

Located in one of the area€™s most highly regarded private estates and set within an impressive plot of about 0.35 acres, an attractive and deceptively spacious 5-bedroom detached family home that extends to some 3,744 sq. ft. with an indoor swimming pool and backing onto the Basingstoke Canal. The property is approached via a brick paved driveway where there is extensive parking for many vehicles. Upon entering the property, the main entrance hall is both impressive and very welcoming, the kitchen/breakfast room spans the width of the property and is clearly the heart of the home. The accommodation offered is flexible, easy flowing and has the advantage of well-proportioned room dimensions throughout. The main lounge sits to the right of the property and enjoys dual aspect windows which overlooks the beautiful gardens. The room itself, is very generous in size and acts as a passthrough to the attached TV room/snug. Another standout feature is the dining/family room that boasts a window to the indoor swimming pool that gives peace of mind when children are playing. Also on this floor, there is a study, a cloakroom and an assortment of storage facilities. To the first floor is the spacious principal bedroom with an en suite 4 piece bathroom. There are 4 further double bedroom, 3 of which benefit from vanity units and a large family bathroom. Outside, the garden enjoys multiple access points to the house. The level lawned grounds feature mature trees and shrubs and offer tranquil views backing onto The Basingstoke Canal, a decked area with seating can be found to the rear of the garden which provides a beautiful picnic spot for those looking to unwind in the sun overlooking the water.
The Gateway is within easy reach of both Woking and West Byfleet mainline railway stations (Waterloo in less than 30-minutes), Waitrose and other comprehensive shopping and dining facilities. The A3 and M25 (Junction 10) are about 3 miles away providing fast access to London, the south and Heathrow and Gatwick airports. The area in general is served well with an excellent selection of schools both in the private and state sectors. The county town of Guildford lies some 8 miles to the south with its extensive range of shops, cafes, restaurants, theatre, cinema complex, the Spectrum leisure centre and mainline station. There are golf courses in Woodham (New Zealand Golf Club), West Byfleet and Pyrford.

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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

£ 1212700

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
    £ 36250
  • 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

£ 125200
  • 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
    £

    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

£

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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