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£925,000
Bedrooms
Bathrooms
SUMMARY OF ACCOMMODATION
Ground Floor: Front door leading to hallway ' Lounge with feature fire place ' Dining Room ' Modern fitted Kitchen/Breakfast Room with doors to the rear garden.
First Floor: Spacious Landing ' Three Bedrooms ' Family Bathroom with White Suite ' Separate W.C
Top Floor: Bedroom 4 (double), fabulous Eaves storage '
Outside: Front & rear gardens with side access ' Rear Garden have paved areas, lawn and Shrub boarders'
Gas fired central heating
This very attractive bay fronted semi-detached Victorian family house still retains some period features. Wonderful lounge with feature fire place, Dining Room attractive period fireplace. Simple stunning modern fitted kitchen/Breakfast room, fitted with a wide range units, the Dining area has French doors opening to the garden. Three double bedrooms to first floor with a fourth double on the top floor. The property also benefits from gas fired central heating from a combination boiler and is partly double glazed. A particular feature of the property is the charming rear garden which is approximately 40Ft in length and very attractively arranged as patio area leading to the lawn with raised flower bed borders, rear patio being bordered by a fine range of shrubs and offering considerable privacy, outside light, water tap, side access
Waldegrave Road is a highly sought-after tree lined residential road running between Preston Drove and Stanford Avenue. Within easy walking distance is a comprehensive range of local shopping both at Fiveways and Preston Village including a Post Office, Chemist, Co Op, Butcher and Baker. There are also excellent take away shops and a Delicatessen close by. Excellent schools for children of all age groups within walking distance as are both Blakers Park and the beautiful 65-acre Preston Park with its wide range of recreational facilities including Tennis Courts, Bowling Greens and Cycle Track. Preston Park and London Road railway stations also being within easy reach. Brighton City centre with its comprehensive shopping, theatres, cinemas and fine range bars and restaurants and the Seafront are all less than 2 miles distant.
Local Information
Downs Junior School 0.4 miles
Balfour Road Infants 0.5 miles
Dorothy Stringer High School 0.7 miles
Varndean Schools Complex 0.7 miles
Cardinal Newman School 1.4 miles
Preston Park Station 1.0 miles
London Road Station 0.7 miles
Brighton Station Mainline 1.5 miles
Brighton Seafront 1.9 miles
Brighton Shopping Centre 1.6 miles
All distances approximate
Council Tax Band E
Car Parking Zone J
Map location is not available for this property.
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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