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100 High Street, Banstead, Surrey
£1,200,000
Bedrooms
Bathrooms
A rare opportunity to aquire a four bedroom house in a premier location, with a stunning garden, and occupying a plot of 0.75 acres.
This attractive spacious family house is set in a tranquil location, approached via a gated roadway off Park Road with fields either side. It is ideally located close to miles of open countryside and woodland, on the edge of Banstead Village, which offers a selection of restaurants and shops, including Waitrose Supermarket and Marks & Spencer Simply Food. Chipstead Station is approximately 1 mile away providing frequent services to London Bridge.
The surrounding area offers a choice of well regarded schools, both private and state run for all age groups, and facilities for almost every conceivable sport, leisure, and cultural pursuit, including renowned golf clubs like Walton Heath and Kingswood, gyms, tennis clubs, as well as abundant open countryside for walking, cycling, horse-riding and country pubs.
Having been well maintained over time by the owners, this attractive property now combines charm and character with superb family accommodation in a much sought-after location.
The ground floor briefly comprises; a covered entrance, a hallway leading into the main reception room which affords a wonderful view of the garden, a fireplace and door opening onto the patio, an adjacent kitchen/breakfast room, a separate dining room, a third reception room which is currently used as a large study, and a downstairs cloakroom.
Upstairs continues to impress, with four bedrooms and two bathrooms. The principal bedroom benefits from fitted wardrobes and an ensuite shower room. The second bedroom also offers scope to utilise the current eaves storage space to create a dressing room and ensuite, and therefore become a larger main bedroom. The two smaller bedrooms have a wonderful view of the rear garden, and are served by the main family bathroom.
The fabulous rear garden is an impressive 225 feet in length, with a southerly aspect, a good patio area, a summer house, large lawned areas, a model railway, and mature hedge borders. The garden is surrounded by wooded areas and open fields beyond. To the front, the block paved off street parking areas provide ample space for several cars, and access to the double garage. There are two small lawned areas either side of the path to the front door, with a selection of shrub borders.
All in all a superb house, in a sought-after semi rural setting, which needs to be viewed to be appreciated.
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.
100 High Street, Banstead, Surrey
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