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£1,500,000 Guide Price
Bedrooms
Bathrooms
Guide price 1,500,000 - 1,700,000 - The Address is delighted to offer this detached house set in a secluded location offering over 4500sqft of accommodation. The property is located just a short walk from Shortlands Train station off of the popular Scotts Lane. Set behind electric gates the property offers a large plot, security and privacy.
The driveway offers space for 7/8 cars and the property also boasts a large double garage. The ground floor features two bedrooms, a shower room and two large reception rooms including the games room/bar which is circa 2220ft.
The first floor offers access to the garden, two further bedrooms, including the principle suite which offers a large en-suite bathroom and walk in wardrobe. There is also a large landing space, open plan kitchen/diner, utility room and additional character reception room which includes, high ceilings, sky lights and beams.
The Westerly facing landscaped garden offers a variety of garden spaces including patios, lawned area and swimming pool. The garden is approximately 95 x 85ft offering a square and useable garden with separate sections offering a space great for hosting.
Internal viewing highly recommended.
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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