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£800,000
Bedrooms
Bathrooms
''' SPACIOUS CHARACTER HOME, NESTLED INTO THE WOODS WITHIN A SMALL GATED CUL DE SAC '''
This period property is truly unique, and is tucked away at the end of a private track within the woodland, close to Redhill Common.
The property has a good size block drive to the front, which in turn leads to an attached double garage. Through the main door there is a long hallway that offers ample storage as well as a utility area and a cloakroom. You have a dual aspect kitchen/breakfast room, a dining room with doors to a conservatory, a study overlooking the garden, and a triple aspect living room. Up on the first floor there are three double bedrooms, a large family bathroom, and an en-suite shower room off of the largest, dual aspect bedroom.
Outside there is a raised area to the left upon your entry to the driveway, there you have a brick outbuilding and a detached studio, which has a kitchen and shower facilities. At the rear of the house there is a mature wooded garden, which extends around 90ft in width, and is approximately 40ft in depth.
Redhill Common can be found at the end of the drive, and extends all the way to Reigate, offering some beautiful views. There are shops close by, in addition to a lovely community pub.
Around a mile away you have the bustling town centre of Redhill, which has a range of high street shops, 24 hour gym, shopping centre, multi screen cinema and direct train links to London.
Room Dimensions: -
Entrance Hall - 5.54m x 1.96m (182 x 65) -
Cloakroom - 1.47m x 1.40m (410 x 47) -
Study - 3.89m x 2.67m (129 x 89) -
Lounge - 5.08m x 3.91m (168 x 1210) -
Dining Room - 6.50m x 2.46m (214 x 81) -
Conservatory -
Kitchen/Breakfast Room - 5.21m x 2.95m (171 x 98) -
Utility Room - 2.39m x 1.14m (710 x 39) -
First Floor Landing -
Bedroom One - 5.36m x 2.95m (177 x 98) -
Ensuite Shower Room - 3.91m x 2.49m (1210 x 82) -
Bedroom Two - 3.86m x 2.82m (128 x 93) -
Bedroom Three - 3.91m x 2.49m (1210 x 82) -
Bathroom - 2.51m x 2.49m (83 x 82) -
Gas Central Heating -
Double Glazed Windows -
90Ft X 40Ft Rear Garden -
Double Garage - 5.61m x 5.18m (185 x 170) -
Off Road Parking For Five Cars -
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.
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