4 bedroom detached for sale

£875,000

4

Bedrooms

2

Bathrooms

Floorplan

''' SUPERB DETACHED HOME IN A SOUGHT AFTER LOCATION WITH IMPRESSIVE VIEWS, AMPLE PARKING AND A GARAGE. '''

This detached chalet style property has been extensively improved and extended by the current owners over the last 17 years, and now offers bright and versatile accommodation.

Batts Hill is a very desirable location, being so accessible to Redhill towns broad range of amenities, yet only a short walk to St Bedes and Royal Alexander Schools, as well as Wray Common and Reigate Hill.

To the front of the property there is a landscaped garden and a driveway which will accommodate several vehicles and leads to a single garage.

You have a double glazed entrance porch which in turn leads to the entrance hall. There is a cosy, dual aspect living room with a bay window to the front and a fireplace. Off the hall way you have a study which has a window to the front, there is a large, well appointed family bathroom and an additional WC. At the rear there are two double bedrooms, both with direct access to the garden. There is an excellent open plan kitchen/dining and family space, which is dual aspect and has a side access door, a separate utility room to the front and double glazed French doors to the beautifully landscaped rear garden. On the first floor there are two bedrooms, the larger of which has windows front and rear, a walk in wardrobe and an ensuite shower room, the smaller has a Velux window to the rear, and built in storage.

The rear garden extends to around 70ft and has been developed over time to offer beautiful lawn and patio areas with secluded seating, a stocked pond and mature borders. In addition, the elevated plot affords you some outstanding views out towards Chaldon and Caterham.

Redhill town centre can be found just over half a mile away and offers a great range of shops and a newly opened cinema complex. In addition you have fast rail links to London and throughout the south east.

Room Dimensions: -

Entrance Porch - 2.08m x 1.04m (610 x 35) -

Entrance Hall - 6.76m x 2.13m (222 x 70) -

Lounge - 4.37m x 3.53m (144 x 117) -

Study - 3.20m x 1.45m (106 x 49) -

Cloakroom - 1.55m x 0.86m (51 x 210) -

Kitchen/Dining Room - 7.72m x 4.27m (254 x 140) -

Utility Room - 2.46m x 1.98m (81 x 66) -

Bedroom Two - 3.91m x 2.69m (1210 x 810) -

Bedroom Three - 3.23m x 2.92m (107 x 97) -

Family Bathroom - 3.40m x 2.39m (112 x 710) -

First Floor Landing -

Bedroom One - 4.85m x 2.54m (1511 x 84) -

Ensuite Shower Room - 2.26m x 2.21m (75 x 73) -

Bedroom Four - 4.70m x 2.39m (155 x 710) -

Gas Central Heating -

Double Glazed Windows -

70Ft Rear Garden -

Single Garage -

Off Road Parking For 3/4 Cars -



Features
  • Freehold

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 724575

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 21875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 68325
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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