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£700,000
Bedrooms
Bathrooms
''' SPACIOUS CHARACTER HOME PRESENTED IN SUPERB CONDITION, SITUATED IN A SOUGHT AFTER LOCATION '''
This handsome Victorian house is presented in excellent condition, with a stylish interior and plenty of features.
The layout and space has been augmented to offer a wonderful flow, on the ground floor there is a tiled entrance hall with a very handy WC and utility room. There is a modern, fitted kitchen to the front, which makes good use of the bay window detail. At the rear you have a wonderful, open living space, that has wood panelled walls, an open fireplace, and a large lantern roof light. There are also wide bi-folding doors giving access to the landscaped rear garden.
On the first floor there is a stunning, four piece bathroom, comprising a contemporary suite with stand alone bath and separate shower, with the benefit of a double glazed window to the rear. There is also a generous double bedroom on this floor, complete with a sash bay window and a separate dressing area. On the top floor you have two further bedrooms, one of which has a well appointed en-suite shower room.
Outside there is off road parking to the front for one car, at the rear you have a landscaped garden, that features a raised deck, fenced boundaries and a timber shed.
At the end of the road there is a wonderful deli, and Redhill town centre is only a short walk. Within the town you have regular a local market, a range of high street stores, a multi screen cinema complex, 24 hour gym, Sainsburys superstore and shopping centre. Redhill also boasts impressive train services, including frequent links to central London in around 30 minutes. You can also access Guildford, Reading, Tonbridge and Gatwick from the station.
Room Dimensions: -
Ground Floor -
Entrance Hall - 3.07m x 1.22m (101 x 40) -
Kitchen/Breakfast Room - 3.71m x 2.92m (122 x 97) -
Cloakroom/Utility - 2.49m x 1.27m (82 x 42) -
Lounge/Dining/Family Room - 6.65m x 5.44m (2110 x 1710) -
First Floor -
Bedroom One - 3.86m x 3.84m (128 x 127) -
Dressing Area - 1.91m x 0.89m (63 x 211) -
Family Bathroom - 3.84m x 2.49m (127 x 82) -
Second Floor -
Bedroom Two - 3.84m x 3.20m (127 x 106) -
Ensuite Shower Room - 1.75m x 1.50m (59 x 411) -
Bedroom Three - 3.20m x 3.20m (106 x 106) -
Gas Central Heating -
Sash Windows And Double Glazed Windows -
60Ft Rear Garden -
Off Road Parking For One Car -
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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