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£625,000 Offers in excess of
Bedrooms
Bathrooms
''' DETACHED, FOUR BEDROOM HOME IN A QUIET CUL DE SAC, BACKING ONTO WOODLAND '''
This spacious, chain free property benefits from a driveway, car port and an attached garage, as well as a west facing rear garden.
The house has an entrance hall, with a cloakroom, and storage under the stairs. There is a study to the front, and both lounge and dining rooms to the rear, with garden access, and double doors to a modern kitchen, that overlooks the front lawn and has a side access. On the first floor there is a landing with loft access, four good size bedrooms, a family bathroom and an en-suite shower room.
Outside you have a large front lawn, with a triple length drive that leads to a car port and single garage. A side access leads through to a 40ft square garden, that has both patio and lawn areas with a rear door access to the garage, and a lovely woodland backdrop.
The house can be found in a small cul de sac of other detached homes, and is only a short walk from some beautiful green spaces, local shops and is also half a mile to Earlswood lakes, and only a mile to the superb Reigate School.
In addition, Earlswood mainline train station is a mile away and the bustling town centre of Redhill can be found just 2 miles to the north. There you have a wide range of shops and amenities, including a multi screen cinema, shopping centre, regular local markets and exceptional transport links to central London, Reading, Guildford, Tonbridge, Gatwick and the south coast.
Room Dimensions: -
Entrance Hall - 4.17m x 2.06m (138 x 69) -
Cloakroom - 1.75m x 0.74m (59 x 25) -
Lounge - 4.75m x 4.09m(max) 3.43m(min) (157 x 135(max) 11 -
Dining Room - 3.33m x 2.59m (1011 x 86) -
Kitchen - 3.38m x 2.57m (111 x 85) -
Study/Reception Three - 3.53m x 2.57m (117 x 85) -
First Floor -
Landing - 3.58m x 0.86m (119 x 210) -
Bedroom One - 3.51m x 3.05m (116 x 100) -
Ensuite Shower Room - 1.57m x 1.37m (52 x 46) -
Bedroom Two - 3.18m x 3.00m (105 x 910) -
Bedroom Three - 2.67m x 2.57m (89 x 85) -
Bedroom Four - 3.84m x 2.08m (127 x 610) -
Family Bathroom - 2.64m x 1.45m (88 x 49) -
Gas Central Heating -
Double Glazed Windows -
40Ft X 40Ft Rear Garden -
Garage - 5.18m x 2.54m (170 x 84) -
Off Road Parking For 2/3 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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