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£1,200,000
Bedrooms
Bathrooms
'''SUPERB DETACHED HOME WITH AMPLE PARKING, INTEGRAL DOUBLE GARAGE AND A 100FT GARDEN '''
Located in a gated cul de sac, forming part of the prestigious Royal Earlswood Park development, this spacious property is thoughtfully arranged over three floors, and has six double bedrooms, plus an additional single bedroom on the first floor, that is currently used as a study.
Through the front door you have a porch with a window to the side and a WC, beyond the porch there is a good size hallway with a built in cupboard, storage under the stairs and a door through to the integral double garage. You have a spacious living room to the rear, which has double doors opening onto the large garden, and there is a separate dining room to the front of the house. In addition, there is a well appointed kitchen/breakfast room, that overlooks, and has a door to the garden, as well as a door to a utility room. On the first floor is a landing area with a door to the family bathroom. There are three double bedrooms, two of which benefit from access to a Jack & Jill shower room. You have a principal bedroom suite, with extensive fitted wardrobes and a dressing area with access to an ensuite shower room. Up on the top floor there are two very impressive dual aspect bedrooms and a shower room, with a large airing cupboard off the landing.
The house is set back from Reed Drive, with a private driveway that offers ample parking for 2/3 cars. In addition there is an integral, double garage with twin up and over doors, as well as power and light.
A side accessway leads you through to a superb corner plot, which measures around 100ft in width, and 90ft in depth, with a patio area, extensive lawn and some mature trees.
Royal Earlswood Park is a 21 acre development, that is now wonderfully well established and has some beautiful Victorian architecture, as well as a residents gym and swimming pool. You are also situated only a 10 minute walk from Earlswood train station.
Room Dimensions: -
Entrance Porch - 1.75m x 1.22m (59 x 40) -
Entrance Hall - 4.17m x 2.13m (138 x 70) -
Cloakroom - 1.98m x 0.84m (66 x 29) -
Lounge - 5.03m x 4.47m (166 x 148) -
Dining Room - 3.33m x 3.33m (1011 x 1011) -
Kitchen/Breakfast Room - 5.82m x 3.38m (191 x 111) -
Utility Room - 2.08m x 1.60m (610 x 53) -
First Floor -
Landing -
Bedroom One - 3.48m x 3.18m (115 x 105) -
Dressing Area - 1.96m x 1.80m (65 x 511) -
Ensuite Shower Room - 2.87m x 1.93m (95 x 64) -
Bedroom Three - 3.53m x 3.45m (117 x 114) -
Bedroom Four - 3.35m x 3.23m (110 x 107) -
Jack And Jill Shower Room - 1.57m x 1.55m (52 x 51) -
Bedroom Five - 3.33m x 2.74m (1011 x 90) -
Bedroom Seven/Study - 2.49m x 2.18m (82 x 72) -
Family Bathroom - 2.26m x 1.68m (75 x 56) -
Second Floor -
Landing -
Bedroom Two - 5.66m x 5.59m (187 x 184) -
Bedroom Six - 5.66m x 3.40m (187 x 112) -
Shower Room - 2.39m x 1.78m (710 x 510) -
Gas Central Heating -
Double Glazed Windows -
110Ft X 90Ft Rear Garden -
Integral Double Garage - 5.28m x 5.18m (174 x 170) -
Off Road Parking For 2/3 Cars -
Estate Charge: 1,560 Per Annum -
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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