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esher, Surrey

a beautifully located 2 bedroom cottage overlooking Esher golf course and common land.

Huge 15% discount for a quick completion with £49,000 equity.

 

Discount price
£276,000
Property Price
£325,000
Instant Discount
£49,000
% Discount
15%
Buy to sell or let

Yes

Unit type
2 bedroom Cottage

London outskirts
 

A beautiful 2 bed cottage situated in the leafy county of Surrey and backing on to Esher Golf course and common land.

The bright and open interior is deceptively spacious for such a quaint property with two double bedrooms on the first floor and modern kitchen, larger than average bathroom and lounge/diner on the ground floor. Outside is a charming courtyard garden with side access.

Properties of this charm and location should rent quickly. Comparable properties in the same postcode are achieving £1000-£1100 per month.

The property is offered with a huge 15% discount for a quick sale and legal completion.

Property deal

Market price £325,000

Purchase Price £276,000

Instant Equity £49,000

Monthly rent £1000-£1100

Property comparisons

The property is very individual and therefore comparable evidence in the same road is not available. There are however a number of comparable properties within 1/4 mile and some examples are below

Sold

2 bedroom semi detached cottage £425,000 Dec 2007
3 bedroom terraced cottage £375,000 May 2007
3 bedroom terrace modern £340,000 September 2007
3 bedroom ex local authority £322,000 May 2007
3 bedroom modern terrace £305,000 November 2007

Reserved

2 bedroom semi detached cottage £389,950
3 bedroom end terrace £325,000
2 bedroom semi detached £299,500
2 bedroom ex local authority semi £285,000

On market

3 bedroom semi detached cottage £350,000
2 bedroom semi detached cottage £325,000
2 bedroom semi detached cottage offers in excess £300,000
2 bedroom ex local authority semi £299,500

The above have been taken from Rightmove the property portal

Reason for sale

The current owner needs a quick sale as they want to move to another property and are prepared to exchange some equity for a hassle free sale.

 

10 year price table
The table below shows how the property purchased at a net price of £135,995 could grow over the next 10 years at 2%, 5% and 8%
%
Yr1
Yr2
Yr3
Yr4
Yr5
Yr6
Yr7
Yr8
Yr9
Yr10
Potential growth
2%
£138,714
£141,489
£144,318
£147,205
£150,149
£153,152
£156,215
£159,399
£162,526
£165,777
£50,181
5%
£142,794
£149,934
£157,431
£165,302
£173,567
£182,246
£191,358
£200,926
£210,972
£221,521
£105,925
8%
£146,874
£158,624
£171,314
£185,019
£199,821
£215,806
£233,071
£251,717
£271,854
£293,603
£178,007

Prices can go up as well as down

Pinnacle property Association fee 2% + vat of the gross sale price.

Call us now on the sales reservation line for further details
Tel 07887 512597


or

click on the call back request link below and we will call you

Call back request

Disclaimer  
The details contained in this brochure are for guidance only. Any photographs, illustrations, plans and sizes, only give a general indication of the proposed development. The developer operates a policy of continuous development and features, specifications and external treatments may vary. The developer reserves the right to alter any part of the development.
Particulars described in this brochure should not be relied upon as accurately describing any specific matters. Tables, projections and profit forecasts, are provided for illustrative purposes only. Property values and assumed rentals can decrease as well as increase. No express or implied income claims are made herein. Neither Pinnacle Property Association/Pinnacle Property Link Ltd nor any of its partners, directors,
e employees or representatives will be liable for damages arising out of or in connection with the use of information provided in this document.


 
 
 Copyright © 2008 Pinnacle Property Association. All rights reserved.