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100 High Street, Banstead, Surrey
£950,000
Bedrooms
Bathrooms
Immaculately presented and finished to a high specification throughout, this four bedroom detached house is situated in a popular tree-lined road close to local shops.
This house has been refurbished by the current owners, and offers bright and spacious living accommodation throughout. The house is conveniently located within easy reach of Woodmansterne and Chipstead Stations. Well-regarded schools including Chipstead Valley Primary, local shops and amenities, as well as good transport links are close by.
Banstead High Street offers a more comprehensive selection of restaurants and shops, including Waitrose Supermarket and Marks & Spencer Simply Food.
Once inside, the high quality finish and owners attention to detail is very apparent. The property has herringbone patterned oak flooring, underfloor heating throughout, a ventilation system circulating fresh air, Miele appliances, and Porcelanosa tiling.
Downstairs there is a cosy formal lounge with a bay window and attractive feature fire place, and a fabulous open plan kitchen/living area with triple glazed sliding doors, providing a bright open feel overlooking the delightful garden, and far reaching views. This space is essentially the hub of the house, and is a great space for a busy family lifestyle, complete with a dining area. The quartz worktops, modern contemporary units, and integrated Miele appliances will be attractive to anyone who spends a lot of time in the kitchen. An adjacent utility room with internal access door to the garage, and a downstairs shower room complete the ground floor.
Upstairs continues to impress, with a large master bedroom with vaulted ceiling, picture window, and superb en suite shower room, all looking out across the garden. The three remaining bedrooms are all doubles, and are served by a well-appointed family bathroom with a bath and separate walk-in shower.
The front resin driveway provides off street parking and access to the garage, and a side gate leads to the garden. The property has a lovely raised terrace at the rear with steps down into the garden, which is mainly laid to lawn with a selection of shrub borders, mature hedges and a greenhouse.
This superbly finished house has 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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