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£650,000
Bedrooms
Bathrooms
Discover an exceptional opportunity in the heart of Cheam, Sutton - a spacious and versatile 6-bedroom semi-detached house on Gander Green Lane. This impressive property, available with no upward chain, offers the perfect blend of comfort and functionality for the modern family.
The ground floor showcases a thoughtfully designed layout, featuring a welcoming living room adorned with an eye-catching exposed brick fireplace. A well-appointed dining room seamlessly connects to the kitchen, creating an ideal space for both everyday meals and entertaining. Additionally, this level boasts a bedroom complete with an ensuite shower room, as well as a versatile reception room that could easily serve as an extra bedroom.
Ascend to the first floor to find four generously sized double bedrooms, one of which enjoys the luxury of an ensuite bathroom. A family bathroom on this level ensures ample facilities for all. The propertys potential is further enhanced by two additional loft rooms on the second floor, presenting the perfect opportunity for a home office, hobby space, or extra accommodation.
Outside, the property continues to impress. The rear garden features an inviting decking area, ideal for alfresco dining and relaxation. To the front, a spacious driveway and garage provide ample off-street parking, while the front garden adds to the propertys curb appeal.
Situated in the desirable area of Cheam, this home enjoys proximity to excellent local amenities. Cheam Park Farm Primary Academy is within walking distance, perfect for families with young children. The Hamilton Avenue Recreation Ground offers nearby green space for leisure activities, while a Tesco Supermarket provides convenient shopping options. For a wider range of amenities and direct train services to London, St Albans, and Horsham, Sutton town centre is less than a 10-minute drive away.
This extended semi-detached house represents a rare opportunity to acquire a substantial family home in a prime location. We strongly recommend arranging a viewing to fully appreciate the potential and charm of this exceptional property.
Please note this property is being sold by a connected person to Sold.co.uk.
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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