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100 High Street, Banstead, Surrey
£800,000 Offers in excess of
Bedrooms
Bathrooms
A beautifully presented luxury three bedroom apartment forming part of a gated manor house, with stunning gardens, a garage, and parking.
Situated in one of Bansteads finest locations, offering an attractive and quiet setting yet within an easy walk of the village High Street which offers a choice of restaurants and shops, including Marks and Spencers Simply Food, and Waitrose. Well-regarded local schools are also close by.
This truly fabulous apartment of approximately 1900 sq ft is one of only six apartments in this beautiful gated manor house conversion within half a mile of Banstead Village High Street. The Manor House at Holly Hill Park dates back to 1912, with communal gardens that include an ornamental pond and fountain, and mature shrubs and topiary.
Approached via a gated driveway, this imposing manor house has a large communal entrance hall with an elegant oak staircase leading up to this first floor apartment.
The apartment offers generous bright accommodation throughout, and includes; a large sitting room with a lovely view of the formal gardens at the rear, a kitchen/breakfast room with granite worktops and integrated appliances, a principal bedroom with a four piece ensuite bathroom, a second guest bedroom, and a third bedroom which is currently used as a living/dining room with a study area, all served by a main family bathroom. Bedrooms 1 & 2 both have large built-in wardrobes. The lockable storage room in the cellar of the manor house provides valuable storage space.
Outside, the attractive communal gardens and grounds are well maintained throughout the year. The property also benefits from a private garage, an allocated parking space, with ample visitor parking.
Conveniently located, the A217 gives access to the M25 (Jct.8) which is approximately 5 miles away, and Gatwick in 25 minutes. The larger town centres of Sutton and Epsom are nearby. There are a wide selection of sporting facilities and golf clubs in the vicinity, including the prestigious Cuddington Golf Club and Walton Heath, together with a number of reputable schools both private and state run for all age groups.
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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