4 bedroom detached for sale

£775,000

4

Bedrooms

1

Bathrooms

Floorplan

''' EXTENDED, DETACHED HOME IN A SUPERBLY CONVENIENT, CUL DE SAC LOCATION WITH A BEAUTIFUL GARDEN '''

Offering spacious and versatile accommodation, this detached house, with a generous corner plot, is located within a short walk of Redhills bustling town centre and a number of highly regarded schools.

To the front there is a porch, which opens to a reception hall, ideal for a study. The inner hall has built in storage, a downstairs WC and stairs to the first floor. You have a bright, dual aspect living room with sliding doors opening to the garden, as well as a sliding door to a separate dining room, which is also dual aspect and has garden access. You have a spacious kitchen/breakfast room, which has sliding doors to the garden and a double glazed door to the driveway. On the first floor there is a bright landing with built in storage and loft access. You have four bedrooms, and a modern family bathroom.

Outside there is a well kept front garden, and a driveway, which is open to the front, then there are double gates and additional driveway that leads to the detached garage. The main garden wraps around the rear and side of the house, and has been superbly maintained, with a impressive array of planted beds and an extensive lawn.

Nearby there are a number of popular schools for a variety of ages, with the added benefit of being only a short walk to Redhill town centre itself. There you will find a wide range of high street shops as well as the Belfry shopping centre. In addition, the Light cinema complex, as a recently opened venue that has multiple cinema screens, bowling, pool, rock climbing and axe throwing. Redhill offers a regular local market within the main square and one of the fastest direct train services to central London.

Room Dimensions: -

Entrance Porch - 1.55m x 1.40m (51 x 47) -

Reception Hall - 3.35m x 2.57m (110 x 85) -

Inner Hall - 2.46m x 1.93m (81 x 64) -

Cloakroom - 1.88m x 1.19m (62 x 311) -

Lounge - 6.71m x 5.21m(max) 3.99m(min) (220' x 171'(max) -

Dining Room - 2.97m x 2.49m (99 x 82) -

Kitchen/Breakfast Room - 6.91m x 2.46m (228 x 81) -

First Floor -

Landing - 5.28m x 1.85m (174 x 61) -

Bedroom One - 3.53m x 3.28m (117 x 109) -

Bedroom Two - 2.84m x 2.54m (94 x 84) -

Bedroom Three - 3.40m x 2.13m (112 x 70) -

Bedroom Four - 3.40m x 2.11m (112 x 611) -

Family Bathroom - 2.57m x 2.46m(max) (85 x 81(max)) -

Gas Central Heating -

Double Glazed Windows -

110Ft X 80Ft Rear Garden -

Driveway With Parking For Three Cars -

Garage - 5.18m x 2.49m (170 x 82) -



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

£ 642075

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
    £ 19375
  • 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

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£

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

£ 60825
  • 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.

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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
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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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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