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100 High Street, Banstead, Surrey
£1,100,000
Bedrooms
Bathrooms
A beautifully presented four bedroom detached bungalow, with a gated carriage driveway, backing onto Cuddington Golf Course.
The property is located on the outskirts of Banstead village. Banstead railway station with its services into London is within walking distance. The village centre blends both national and local retailers including Waitrose, Marks & Spencer food store, restaurants and coffee shops. Both Sutton and Epsom with their larger town centres are nearby. The A217 gives access to the M25 (Jct.8) which is approximately 5 miles away. There are a number of well-regarded schools for all age groups in the vicinity.
This lovely bungalow is well presented throughout. Having been thoughtfully extended and refurbished over time to a beautiful standard, the property now offers superb accommodation in a much sought-after location, just a stones throw from Cuddington Golf Course.
This delightful property has an entrance porch and welcoming entrance hall, with a double aspect living room including a feature fireplace and double doors leading into the conservatory which has a lovely view of the garden, and a separate adjacent dining room, which in turn leads into the modern kitchen. The kitchen has a range of integrated appliances, ample worktop space and a breakfast bar.
On the other side of the property are two double bedrooms with fitted wardrobes and a single bedroom which is currently used as a home office space. Two of the bedrooms have ensuite showers and there is an additional larger main shower room.
The first floor provides another large double bedroom with fitted wardrobes, a basin/vanity unit, and access to the eaves storage.
Outside, to the front of the property, ample off road parking is provided for by way of a block paved carriage driveway, with access to the garage and side gate to the garden. The beautiful mature and secluded rear garden benefits from a south west aspect, with a patio adjacent to the property, a large lawn, and a second patio/seating area at the end, all framed by mature hedges. There is a useful garden shed for storage and a greenhouse.
All in all a super property, that offers generous accommodation with a modern finish throughout.
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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